Very interesting indeed.

Ralston just posted and Tweeted a threat-to-sue letter from M Resort attorney Chris Kaempfer to the Clean Water Coalition (and cc’ing Buckley and Horsford among others).

Background:  A bunch of gaming companies including the M Resort contributed to a $62M fund of water connection fees (“Clean Water Coalition”) to be used for a project that is now on hold.  The M is apparently not too happy that the $700K+ it contributed is now going toward hole-patching in the state budget via measures passed during the legislative special session last week.

Other gamers who contributed major sums (also via @RalstonFlash):

Fontainebleu — $1.8 million

Venetian — $1.2 million

Hard Rock — $892K

Caesars — $860k

Planet Hollywood — $806K

Southpoint — $395kK

Encore — $647K

City Center — $362K

Palazzo — $31K

The letter says that the M Resort does not “consent, and will not accept, that those funds can be used for any other purpose than for the specific purpose for which they were intended” and that the purpose of the letter “is to put all on notice that if these monies are in fact used for any other purpose…our client will be constrained to file appropriate action to have those fees returned…”

Ralston has the letter posted.