VGT Mogul Monson Ngakes Illinois Gaming Board to Court

Monson claimed that the regulator continued to unjustly pursue regulatory action against the company in question even after its license had expiredImage Source: Shutterstock.com

A major video gaming terminal (VGT) businessman has sued the Illinois Gaming Board(IGB) for alleged constitutional violations. According to him, the board and its leadership unfairly targeted its business with its regulatory actions.

Monson Said His Business Was Unfairly Targeted

The lawsuit was filed by Matthew Monson, the man behind VGT companies, such as VVGT, Equitable Veteran Solutions and Vemco. In his complaint, he alleges that the board’s decisions targeted his VVGT business unfairly, violating its constitutional rights.

Monson claimed that the regulator continued to pursue unjust regulatory action against the company in question even after its license had expired. He described these actions as actively seeking to punish his businesses.

For context, the IGB filed complaints against VVGTin 2022, accusing the company of being untruthful and non-transparent in disclosing information. While the company’s license expired that year, the IGB continued to pursue punitive measures against the VGT company, revoked its defunct license and issued a fine of $100,000.

Monson also alleged that the IGB intentionally delayed legal processes, such as the assigning of administrative law judges against his other businesses, in order to deprive him of access to due process.

Finally, the businessman alleged that the IGB leveraged unproven allegations against VVGT in order to disassociate him from his partnership withJ&J Ventures Gaming.

IGB Penalized VVGT for Non-Transparency and Untruthful Filings

As mentioned, the IGB proposed revoking VVGT’s license in the wake of multiple allegations, such as a lack of transparency and the submission of inaccurate information. The company was also accused of failing to file business disclosures on time.

For example, the VGT operator allegedly failed to disclose nine sales agents within the usual three-week period and submitted wrong start dates in the forms it submitted to the board. To make matters worse, VVGT was said to have submitted doctored email records, thus committing further violations.

The IGB therefore concluded that VVGT has behaved unprofessionally, undermining the industry’s image and jeopardizing its integrity.

Monson, who didn’t quite agree, alleged that the IGB has failed to uphold its administrative responsibilities in good faith. In his lawsuit, filed on December 6in the Northern District of Illinois, he seeks relief and damages.

.