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Frank Schreck is a 27-year-old lawyer. When Schreck found out that his mentor, Mike O’Callaghan, was up for election as a governor, he decided to leave his law firm so that he could devote time to helping O’Callaghan with the upcoming election.
Schreck has said, “I was the young punk who was having fun on the campaign while leading school integration rallies.” Speaking on his decision, he says, “Now I was going to the gaming commission. Mike was my hero. I would have done anything he asked.” Schreck had much gratitude for O’Callaghan and wanted to help him as much as possible.
Schreck has now been practicing gaming law for well over 40 years. At the age of 67, he has represented people such as Steve Wynn and Sumner Redstone. He has also represented major companies such as MGM Resorts International and Penn National Gaming and Station Casinos.
Frank Schreck is proud to say that he was able to help Frank Fertitta Jr. obtain a gaming license in the 70’s. Schreck worked hard to make changes to the gamin law in Nevada. In 2009, he was able to push changes that helped to increase the amount of stake than an investor would be able to own during a public gaming company without the hassle of licensing.
In the past three years, Schreck chose to merge his law firm with another law firm. The office that he merged with is Brownstein Hyatt Farber which has several offices scattered around the United States. Some of the offices are located in Washington D.C and Denver. Schreck says, “The size of the firm has allowed us to develop some practice areas we wouldn’t have been able to do on our own.” The merger has worked to his advantage and has helped the firm to become more successful.
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While it seems Schreck has been successful for a long time, he has no intentions of retiring soon. Schreck feels right at home in his office which is full of memorabilia from his career as an attorney. Such memorabilia includes framed pictures of Schreck with President Bill Clinton and President Barack Obama.
Some people have suggested that Schreck write a book about his accomplishments to help others succeed in the field. However, Schreck says, “Much of what I know is privileged.” When asked about his career and his decision to merger, Schreck has said, “Mergers were the big thing for a long period of time and we were approached by everybody who came to town. Our gaming practice made us the most attractive. The big Arizona firms all came to us first. But the bottom line was from a corporate culture, none really seemed to fit. I had my three younger partners handle the negotiations because they were going to have to live with this longer than me. The merger didn’t impact our gaming practice but it brought us a lot more real estate, corporate and commercial work.
