Seminole and Hard Rock Pick New CFO
Author:
Muhammad Gregory
Both Seminole Gaming and Hard Rock International have appointed Vincent Zahn as their new Chief Financial Officer (CFO). In this key role, Zahn will be responsible for managing accounting, financial planning, risk management, treasury, corporate finance, and capital markets execution across the businesses. His scope of influence extends to other enterprises which fall under Seminole Gaming’s purview.
Both Seminole Gaming and Hard Rock International have appointed Vincent Zahn as their new Chief Financial Officer (CFO). Zahn arrives to the gambling group from Wynn Resorts, having also worked at Bank of America Merrill Lynch.
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Zahn Will Also Contribute to General Strategic Foresight of Seminole and Hard Rock
Seminole Gaming and Hard Rock International have recently named Vincent Zahn as their new Chief Financial Officer (CFO). In this crucial role, Zahn will assume responsibility for various financial aspects, including accounting, financial planning and analysis, risk management, treasury, corporate finance, and capital markets execution across the businesses under Seminole Gaming’s umbrella.
Zahn’s role as CFO encompasses both the renowned brand of Hard Rock International and other enterprises under the purview of Seminole Gaming. His extensive expertise in finance will be instrumental in driving financial performance, supporting strategic decision-making, and contributing to the overall growth and development of the broader group.
With his wealth of experience and leadership in financial management, Zahn is well-positioned to strengthen Seminole Gaming and Hard Rock International’s financial operations and drive continued success in the highly competitive gambling industry. The appointment of Zahn reflects the organizations’ commitment to securing top talent to lead their financial strategies and ensure long-term financial sustainability and growth.
Zahn Arrives Fresh from Wynn Resorts; Has Spent Time at Bank of America Merrill Lynch
Seminole Gaming and Hard Rock International have made a significant addition to their leadership team by appointing Vincent Zahn as the Chief Financial Officer (CFO). Zahn brings with him a wealth of experience from his previous roles in the gaming industry, most recently serving as the Senior Vice President and Treasurer for Wynn Resorts. Prior to that, he held the position of Vice President and Treasurer at Pinnacle Entertainment for seven years.
Zahn’s career also includes notable experience on Wall Street, where he worked as an equity analyst at Bank of America Merrill Lynch, specializing in covering casino gaming and hospitality companies. His extensive financial background and deep understanding of the industry make him a valuable asset to Seminole Gaming and Hard Rock International.
In his new role as CFO, Zahn will report directly to Jim Allen, the Chairman of Hard Rock International and CEO of Seminole Gaming. His expertise in accounting, financial planning and analysis, risk management, and treasury will be pivotal in driving the financial success and strategic growth of the organizations. With Zahn on board, Seminole Gaming and Hard Rock International are poised to continue their trajectory of success in the competitive gambling industry.
Jim Allen took the opportunity to highlight Zahn’s extensive industry experience, noting the gambling group’s deep excitement at welcoming him on board:
“Vincent’s expertise and background in casino gaming and financial markets make him an invaluable asset to the global growth of our organization. We are excited to welcome him to the leadership team.”– Jim Allen, Chairman, Hard Rock Inernational,Press Release
Hard Rock Commenced Construction on Hotel and Casino Complex in Ottawa in June 2023
Exciting developments are underway in Ottawa as Hard Rock officially announced the commencement of construction on its highly anticipated Hard Rock Hotel and Casino in the Canadian capital in June 2023. With an estimated price tag of $350 million, this ambitious project is set to make a significant impact on the local economy by creating nearly 1,900 job opportunities, according to Hard Rock. The expansive casino will feature a wide range of offerings, including an expanded Hard Rock Casino with over 1,500 slot machines, 40 live-action table games, and a state-of-the-art Hard Rock Sportsbook. The facility will also cater to high-stakes players with its high-limit gaming area and a dedicated Baccarat room.
In addition to the casino, the Hard Rock Hotel will provide guests with a world-class experience. The hotel will offer 150 rooms, including 22 premium suites, ensuring a comfortable and luxurious stay for visitors. Entertainment will take center stage at the complex, with the inclusion of an impressive 1,800-seat Hard Rock Live theater, set to host a variety of thrilling performances and events. Hard Rock is confident that the project will not only create a vibrant entertainment destination but also generate substantial tax revenues for the City of Ottawa and the province of Ontario.
The construction of the Hard Rock Hotel and Casino represents a significant investment in Ottawa’s entertainment and tourism industry. With its wide range of amenities, job creation, and potential economic impact, this project is poised to enhance the city’s reputation as a premier destination for gaming and entertainment. Jon Lucas, the chief operating officer at Hard Rock International, used the opportunity to specifically thank the city and province’s elected officials who helped the project start to become a reality:
“We are excited to be one step closer to bringing our iconic brand and rich music history to the people of Ottawa and the surrounding region. I wish to thank the provincial and municipal elected officials who helped us get here today. We are especially grateful to the Ontario Lottery and Gaming Corporation and the Alcohol and Gaming Commission of Ontario who have been incredibly supportive in helping make this possible.”– Jon lucas, Chief Operating Officer (COO), Hard Rock Inernational,Press Release
Hard Rock Sportsbook Entered Arizona Back in February 2022
Hard Rock Digital, the digital arm of the renowned Hard Rock International brand, had exciting news to share all the way back in February 2022 as it secured market access in Arizona through a newly formed partnership with the Navajo Nation Gaming Enterprise (NNGE). The Navajo Nation, the largest federally recognized Native American Nation in the US, oversees five prominent gaming and hospitality establishments across Arizona and New Mexico.
With this strategic alliance, Hard Rock Digital expands its footprint in the online gambling market. The company already offers online sports betting in Iowa and New Jersey, and the addition of Arizona further strengthens its presence in the United States. The collaboration with NNGE provides Hard Rock Digital with valuable market access in the state, enabling them to bring their innovative digital gaming solutions to Arizona’s eager players.
Arizona presents a promising market for online gambling, and this partnership allows Hard Rock Digital to tap into the vast potential of the region. As the brand continues to expand its digital offerings across multiple states, players can anticipate a wide range of exciting online gaming experiences under the trusted and iconic Hard Rock name. Chief executive of Hard Rock Digital, Marlon Goldstein, claimed the brand was elated to be landing in Arizona:
“We’re thrilled to partner with the NNGE to provide Arizona sports bettors with a fun and engaging gameday experience through the Hard Rock Sportsbook mobile app. The Hard Rock brand is known worldwide for legendary hospitality and entertainment, and we’re excited to deliver those experiences to Arizonans digitally with unrivaled mobile sports betting.”
