The gambling regulator in Nevada, the Nevada Gaming Control Board (NGCB), recently reviewed and recommended for approval the license of one key executive for the future Hard Rock Las Vegas.
Vincent Zahn Recommended for License in Nevada
That is the case of Vincent Zahn, who currently holds the role of chief financial officer and executive vice president at Seminole Gaming and Hard Rock International. The executive recently appeared for a hearing in front of the Board taking place in Carson City.
Following a half-hour discussion, the NGCB board members unanimously recommended Zahn for licensing, as announced by the Las Vegas Review-Journal. His licensing is an important part of the transformation of the Mirage into Hard Rock Las Vegas.
The recommendation for licensing means that the executive will now seek final approval from the Nevada Gaming Commission. Such an approval is expected to come at a meeting scheduled by the commission for November 21, 2024.
During the recent meeting with the NGCB, Zahn explained that the transformation and reopening of Hard Rock Las Vegas is a complex process that will require financial investments. He admitted that he will be visiting the venue frequently while also discussing different opportunities with financial partners.
“Leading up to the reopening of Hard Rock Las Vegas, we’ll have to go through a pretty comprehensive financing process, so I’ll be visiting the site, the location, taking our potential financial partners through the financing plans and visiting for that, but as part of ongoing operations two to four times a year.“
Vincent Zahn, executive vice president and chief financial officer at Hard Rock International and Seminole Gaming
The Executive Has Extensive Experience in the Gaming Industry
Zahn is an executive with solid experience in the sector. He has a track record in the vertical after working for recognizable companies, including Wynn Resorts and Pinnacle Entertainment. Zahn’s professional background includes roles with Merrill Lynch.
Notably, he joined Hard Rock and is currently in charge of 120 employees. Although he doesn’t reside in Las Vegas, Zahn visits Sin City frequently and those visits are likely to increase further as the new Hard Rock Las Vegas venue gets closer to its opening in 2027.
In a deal north of $1 billion, Hard Rock acquired the Mirage from MGM Resorts late in 2022. This summer, the transformation of the property began after a farewell ceremony commemorating the legendary venue.