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The gaming law adjustments took impact on May 1, which coincided with the completing Monarch Black Hawk’s expansion. David Farahi became Monarch’s chief operating officer in 2012 and filled a number of other positions, including oversight of gaming procedures and investor relationships. Truist Securities gambling analyst Barry Jonas, in an analysis note published Wednesday morning, said David Farahi, 40, provides been the open public face that buyers in Monarch have found know. The organization operates Atlantis Casino Resort in Reno and Monarch Black color Hawk, roughly 45 miles west of Denver. In the summer of 2012, the particular Atlantis announced it had earned the AAA Four Diamond Honor, a rating just 5. 4% of hotels receive. The only other property in Reno in order to win it has been the Atlantis’ key competitor, Peppermill Reno.”

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• Macquarie Investments gaming analyst Chad Beynon said this individual remains “confident inside the leadership in the company” and the direction of the Reno and Black color Hawk casinos.
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