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Unexpected Departure Of David Farahi From Atlantis Owner Monarch Surprises Investors

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The gaming law adjustments took influence on May possibly 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 functions and investor associations. Truist Securities gambling analyst Barry Jonas, in a study note published Wednesday morning, said Jesse Farahi, 40, offers been the open public face that investors in Monarch have come to know. The organization operates Atlantis Casino Resort in Reno and Monarch Dark Hawk, roughly 45 miles west regarding Denver. In summer time of 2012, the particular Atlantis announced completely earned the AAA Four Diamond Honor, a rating simply 5. 4% associated with hotels receive. The only other house in Reno to win it has been the Atlantis’ main competitor, Peppermill Reno.”

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