Bonus TL;DR
- Seneca Resorts & Casinos named former INSPIRE Entertainment Resort COO Wade Howk as its new Chief Financial Officer, overseeing financial strategy, accounting, liquidity, and capitalization across its Western New York properties.
- Howk’s background includes executive leadership at Hard Rock Cincinnati and Penn Entertainment, as well as managing the launch of the Mohegan-developed INSPIRE integrated resort in Incheon, South Korea.
Seneca Resorts & Casinos has appointed Wade Howk as chief financial officer, according to a report by Asian Gaming.
Howk will oversee financial and operational accounting for the company and its properties. Seneca operates three casinos on behalf of the Seneca Nation of Indians: Seneca Niagara Resort & Casino, Seneca Allegany Resort & Casino, and Seneca Buffalo Creek Casino. The appointment comes as the broader online casino market continues to evolve alongside the traditional casino industry.
Howk’s Responsibilities Include Budgets and Liquidity
Seneca said Howk’s remit includes budgeting, income audits, financial analysis, financial reporting, general accounting and purchasing. He will also assess the company’s liquidity, performance and capitalization structure and make recommendations to the Seneca Gaming Corporation Board of Directors.
His responsibilities include developing departmental business plans and establishing, monitoring and reviewing departmental budgets.
Seneca Resorts & Casinos President and CEO Kevin Nephew pointed to Howk’s operational background in explaining the appointment:
“Wade’s keen operational and strategic insight, deep industry experience and proven leadership make him an excellent choice for our new CFO, as we continue to meet the demands of a rapidly growing and changing gaming market.”
Experience at INSPIRE, Hard Rock and Penn
Howk previously served as chief operating officer of INSPIRE Entertainment Resort in Incheon, South Korea. According to Seneca, he spent three years at INSPIRE alongside CEO Chen Si and oversaw the integrated resort’s full-scale opening.
His earlier US casino experience includes serving as CFO at Hard Rock Casino in Cincinnati and several years in executive leadership roles at Penn Entertainment.
In a statement about his appointment, Howk said he was pleased to join Seneca and help it build on its investment in its properties, guests and employees.
Source: As reported by IAG.