The Nevada Gaming Control Board (NGCB) recently denied an effort by the owner of Off The Rails casino to surrender his license before issuing its second complaint in just over a year, accusing the rural casino of multiple violations of state gaming regulations.
A nine-count complaint alleges that Sry Industries LLC, which is owned by Stephen Laurence Young and does business as Off the Rails casino in Lovelock, Nevada, failed to maintain required bankroll records, failed to report drop box count times, and kept improper and inaccurate computations of gross revenue.
Agents from the NGCB’s Tax and Licensing Division also found the casino failed to comply with internal-control procedures and maintain accurate and complete accounting records.
Additionally, the licensee failed to complete a cybersecurity risk assessment, record and maintain progressive logs, and comply with a Nevada Gaming Commission (NGC) imposed condition.
Under count one of the compliant, the licensee was accused of an unsuitable method of operation by failing to comply with NGC imposed conditions. In June 2025, the NGC agreed to a $10,000 fine to settle a complaint over failures with the casino’s accounting efforts over several years.
Commissioners approved three conditions, including ordering Young to hire a compliance officer and an accountant with gaming-industry experience to clean up recurring accounting issues that had occurred since 2019. As part of the settlement, the casino was also required to maintain the use of an online slot system.
The latest complaint alleges Young violated two of those conditions by failing to hire an accountant and a compliance officer, discovered when agents visited the casino in early February. Both positions required prior approval from the NGCB chairman.
“Agents’ discussions with the casino’s manager on February 2 revealed (Young) had not employed or contracted with a compliance officer or employed or contracted a bookkeeper,” the 23-page complaint reads.
Additionally, NGCB agents found that no quarterly reports had been submitted to the agency as required by the conditions. Young eventually hired an accountant and compliance officer on or about March 4, according to the complaint.
Each of these actions is a separate violation of Nevada gaming regulations.
The agents initiated a routine interim review of the casino’s compliance in February following the complaint filed and settled last year. As a result, the interim review was expanded into a full compliance review covering the period of September 1, 2o23, through January 31, 2026.
In total, the review found a total of 19 recurring violations.
According to the complaint, the casino holds a nonrestricted Group II gaming license, which limits it to the operation of slot machines only.
On June 8, Young ceased operations and tendered the surrender of its license, according to the compliant. However, pursuant to NRS 463.1447 and NGC Regulation 7.025, NGCB Chairman Michael Dreitzer declined to accept the tendered surrender, allowing the complaint to move forward.
Regulation 7.025 governs the jurisdiction of the NGCB and NGC regarding disciplinary proceedings, while NRS 463.1447 ensures regulators retain legal authority over gaming licensees even after they stop operating, close, or try to surrender their licensees.
