Casino Finance

Casino Finance

A slightly derogatory term for highly risky, speculative investing. The term especially refers to buying and selling stocks, which can easily result in a large gain or an enormous loss.
References in periodicals archive ?
Among the policies that Banca Ethica follow is a ceiling of executive pay at six times the lowest wage at the bank, while its annual report calls for a citizens' revolt against casino finance, use of tax havens and speculation in commodities.
David Cameron has now decided to abandon manufacturing and instead sees the UK standing alone as nothing more than an unregulated offshore bank which will rely on casino finance to fund the rich whilst the majority will increasingly have a lower standard of living and poorer pensions.
Or would they be looking to protect the reputations of some of the hedge fund managers and assorted casino finance bigwigs, some of whom are big backers of the Conservative Party?
Koch -- whose gaming industry career spans three decades -- also previously was Vice President of Finance at Grand Casino Tunica in Mississippi, Regional Vice President of Finance for Caesars Entertainment's Northern Mid-South Region and Vice President of Casino Finance at Windsor Casino Ltd.
The Casino Controller receives daily reports on the results of each operation within the Casino Finance Department.
GCA has been an excellent partner and we are pleased to continue doing business with this market leader," said Ford Palmer, vice president of casino finance for Trump Taj Mahal.
Wortman have nearly 60 years of gaming management experience between them in all aspects of the industry - from casino finance and hotel administration, to entertainment, and food and beverage, to serving as chief operating officers and chief executive officers for such companies as Caesars World, Inc.
His prior experience includes serving as Assistant General Manager at Majestic Star Casino, Gary Indiana; Director of Casino Administration/Project Manager at American Gaming and Entertainment, Atlantic City, New Jersey; Vice President of Casino Finance at Trump Taj Mahal Casino Resort, Atlantic City, New Jersey; Casino Controller at Trump Castle, Atlantic City, New Jersey and other executive gaming and lodging positions dating back to 1979.
He has held several casino finance positions for companies in Bossier City, La.
Proceeds, together with cash on hand, will be used to effect a covenant defeasance of its subsidiary Empress River Casino Finance Corp.
DCR) has reaffirmed Empress River Casino Finance Corporation's senior notes rating of "BB-" (Double-B-Minus).
DCR) has reaffirmed Empress River Casino Finance Corporation's (Finance) senior notes rating of 'BB-' (Double-B-Minus).