FOR IMMEDIATE RELEASE: Vancouver Not Vegas calls for Michael Graydon to be removed from Paragon Gaming
Vancouver, July 11, 2014: Following the report of the BC government’s internal auditor, Vancouver Not Vegas renews its February 13th call for the Gaming Policy and Enforcement Branch (GPEB) to block PV Hospitality (a Paragon Gaming-related company) from employing Michael Graydon.
“The government has the power to halt Mr. Graydon’s employment with Paragon and must act decisively to protect the public trust and integrity of the gaming industry,” says Ian Pitfield, a retired lawyer and member of Vancouver Not Vegas.
“The public can’t trust Michael Graydon, it’s that simple.” says Sandy Garossino, spokesperson for Vancouver Not Vegas. “This goes far beyond his $125,000 severance package. He will guide PV Hospitality through the BCLC development subsidy program, which might amount to as much as $100 million or more. The fox is in charge of the henhouse, and our government has to step in.”
The public interest must be protected in the face of the auditor’s report and statements by BCLC board chair Bud Smith, which demonstrate that Mr. Graydon:
- Violated BCLC’s conflict of interest guidelines
- Provided incomplete or inaccurate information to the BCLC board
- Breached the no-contact provision of his resignation settlement
- Maintained access to confidential BCLC material for 10 days post-employment
The auditor further found that other casino service providers expressed concern that Mr. Graydon’s knowledge could provide an advantage to Paragon Gaming.
In related news, Paragon Gaming currently co-owns and manages the Eagle River Casino, a small truck stop operation in Whitecourt Alberta, which has filed for bankruptcy, owing $100 million to creditors.
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Michael Graydon, now of Paragon Gaming, formerly CEO of BC Lottery Corp