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Blackmail and Extortion
SBE Entertainment says Sam Nazarian's exit won't hinder global plans
SBE Entertainment says Sam Nazarian's exit won't hinder global plans

The hospitality and nightclub empire founded by Sam Nazarian said it would move ahead with its global expansion plans without its leader after Nazarian admitted paying millions in extortion money to a convicted felon, using cocaine and fathering a child out of wedlock. Sam Bakhshandehpour, the president of SBE Entertainment for the last two years, has taken over as chief executive while Nazarian takes time to overcome what he described as an addiction to alcohol. The revelations about Nazarian's personal problems came to light during vetting by the Nevada gaming control board to determine whether he qualified for a gaming license. The Nevada Gaming Commission approved Nazarian for...

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