David Farahi
Monarch Casino & Resort

David Farahi

Farahi rejoined Monarch Casino & Resort (Parent company of Monarch Growth inc.) in 2007; coming back to the business his Grandfather founded in 1972, to continue his career in the gaming and hospitality industry. The company’s current Black Hawk property was purchased by Monarch in April of 2012 when Farahi was dispatched to lead the team in the integration of the new asset. The Black Hawk property recently concluded a complete redesign of the existing facility and is under construction for its $300,000,000 resort expansion.

Farahi cut his teeth in the hospitality business at the Atlantis Casino Resort Spa in Reno NV, the parent company’s flagship property and AAA rated 4 Diamond Destination Resort. Both at the Reno property and now the Black Hawk property, his focus has been on improving the guest’s gaming experience through an analytic approach to every department from Table Games to Spa, with a particular focus on the Slot department, think Money Ball for slot machines. Prior to rejoining the family business in 2007, Farahi worked in finance for HSBC Bank Plc in London, Geneva and New York.

Farahi was a board members for the Reno Redevelopment Agency Advisory Board, Nevada State FBLA Board of Trustees and the Reno Bike Project Board of Trustees. He was also honored by the Reno Gazette Journal with their 20 under 40 award in 2013 and Global Gaming Enterprise magazine with their 40 under 40 award in 2015. Farahi currently acts as the President of the Colorado Gaming Association and is a board member of JEWISHColorado as well as the Jewish Community Relations Council, where he was recognized with the 2015 Young Leadership Award. Farahi is also a member of the Rocky Mountain Chapter of the Young President’s Organization.

Farahi enjoys skiing, basketball and traveling to lessor known corners of the world. Mr. Farahi achieved an MBA from Columbia Business School with concentrations in both Real Estate and Finance, as well as a BA in Economics and International Studies from Northwestern University.

Colorado Concern Board
of Directors

Stanton Dodge – Executive Vice President & General Counsel DISH Network Corporation

Steve Farber
President – Brownstein Hyatt Farber Schreck

Tim Gill
Chairman – Scytus

Pat Hamill
Chairman and CEO – Oakwood Homes

A. Barry Hirschfeld
President – A B Hirschfeld & Sons

Bill Hybl
Vice Chairman – The Broadmoor Hotel

John Ikard
FirstBank Holding Company

Walter Isenberg
President and CEO – Sage Hospitality

David McReynolds
President – Columbine Health Plan

Larry A. Mizel
Chairman and CEO – M.D.C. Holdings, Inc.

Blair Richardson
Managing Partner – Bow River Capital Partners

Chip Rimer
Senior Vice President – US Onshore Noble Energy

Dan Ritchie
Chairman, Temple Hoyne Buell Foundation

Richard M. Sapkin
Managing Principal – Edgemark Development, LLC

Sylvia Young
President and CEO – HealthONE

*Colorado Concern Leadership

John Ikard – Chairman
Roger Hutson – Treasurer
Chip Rimer – Vice-Chair