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New Jersey Regulators Rule on Loan

ATLANTIC CITY, New Jersey – As reported by the Press of Atlantic City: " It was, Antonio Scarselli explained to gaming investigators, a personal loan from an old friend.

"The money was given to him in $20, $50 and $100 bills - about $45,000 in cash - in a brown paper bag at a Queens, N.Y., pizzeria.

"State gaming regulators ruled Wednesday that the so-called loan was actually dirty money from the New York mob.

"Citing Scarselli's alleged connections to the powerful Genovese organized crime family, the Casino Control Commission voted unanimously to deny him a New Jersey gaming license. The action bars Scarselli from doing business with Atlantic City casinos.

"…Casino Control Commissioner Ralph G. Frulio, who served as hearing officer in the case, recommended denying Scarselli a gaming license. The entire five-member commission upheld Frulio's initial decision in its vote Wednesday.

"…Scarselli formerly was a principal in a company called Hand Rolle Inc., which designs and develops a casino game. The Division of Gaming Enforcement, the investigative arm of the casino industry, fought against Hand Rolle's application for a casino service license in 2002 because of Scarselli's alleged ties to organized crime.

"Scarselli responded to the DGE's objections by ending his ownership in the company, which then allowed Hand Rolle to win a three-year casino service license in 2003. Immediately following Hand Rolle's licensure, Scarselli applied for a hearing to determine his qualifications for a gaming license…"

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