The estimated Net Worth of David Jacques Farahi is at least $9.75 Million dollars as of 2 September 2021. Mr. Farahi owns over 18,333 units of Monarch Casino & Resort stock worth over $2,537,285 and over the last 12 years he sold MCRI stock worth over $6,519,146. In addition, he makes $695,453 as Chief Operating Officer at Monarch Casino & Resort.
David has made over 8 trades of the Monarch Casino & Resort stock since 2014, according to the Form 4 filled with the SEC. Most recently he sold 18,734 units of MCRI stock worth $1,350,909 on 1 November 2021.
The largest trade he's ever made was exercising 166,665 units of Monarch Casino & Resort stock on 30 December 2020 worth over $12,386,543. On average, David trades about 9,478 units every 85 days since 2012. As of 2 September 2021 he still owns at least 34,140 units of Monarch Casino & Resort stock.
You can see the complete history of Mr. Farahi stock trades at the bottom of the page.
David Farahi serves as Chief Operating Officer of the Company., since April 26, 2012. Prior to 2012 Mr. Farahi held the positions of Executive Director of Gaming Operations and Director of Investor Relations for Monarch. Mr. Farahi began his gaming and hospitality career in 1998. He has extensive experience in over a dozen positions at Atlantis Casino Resort Spa. From 2004 to 2006, Mr. Farahi held finance positions with HSBC Bank plc in their New York, London and Geneva offices, in both the investment and private banking divisions. Mr. Farahi holds an MBA from Columbia Business School with concentrations in both Real Estate and Finance and holds a Bachelor’s degree in Economics and International Studies from Northwestern University. Mr. Farahi is currently serving in his third term as the President of the Colorado Gaming Association, a position he has held since 2016.
As the Chief Operating Officer of Monarch Casino & Resort, the total compensation of David Farahi at Monarch Casino & Resort is $695,453. There are 2 executives at Monarch Casino & Resort getting paid more, with John Farahi having the highest compensation of $1,869,240.
David Farahi is 38, he's been the Chief Operating Officer of Monarch Casino & Resort since 2012. There are 12 older and no younger executives at Monarch Casino & Resort. The oldest executive at Monarch Casino & Resort, Inc. is Richard L. Cooley, 74, who is the VP of Fin. and Treasurer.
David's mailing address filed with the SEC is 6775 S. EDMOND ST., STE. 300, , LAS VEGAS, NV, 89118.
Over the last 21 years, insiders at Monarch Casino & Resort have traded over $29,265,339 worth of Monarch Casino & Resort stock and bought 19,493 units worth $509,201 . The most active insiders traders include Bob Farahi, John Farahi und David Jacques Farahi. On average, Monarch Casino & Resort executives and independent directors trade stock every 55 days with the average trade being worth of $2,232,796. The most recent stock trade was executed by Bob Farahi on 30 July 2024, trading 33,333 units of MCRI stock currently worth $2,619,307.
monarch casino & resort, inc., through its subsidiaries, owns and operates the atlantis casino resort spa, a hotel/casino facility in reno, nevada. it also owns and operates the monarch casino black hawk in black hawk, colorado. as of march 11, 2020, the company's atlantis casino resort spa featured approximately 61,000 square feet of casino space; 818 guest rooms; 8 food outlets; 2 gourmet coffee and pastry bars; 1 snack bar; a 30,000 square-foot health spa and salon with an enclosed pool; 2 retail outlets offering clothing and gift shop merchandise; an 8,000 square-foot family entertainment center; and approximately 52,000 square feet of banquet, convention, and meeting room space. its atlantis casino resort spa also featured approximately 1,450 slot and video poker machines; approximately 37 table games, including blackjack, craps, roulette, and others; a race and sports book; a 24-hour live keno lounge; and a poker room. in addition, the company's monarch casino black hawk featured
Monarch Casino & Resort executives and other stock owners filed with the SEC include: