Jack Sours Email & Phone Number

Louisville, Ky, Us

Erie, Pa, Us

Responsible for planning and implementing tasks associated with opening the Oxford Casino in Maine. Leading role in $160 million sale of facility to Churchill Downs Inc. Responsible for the day to day operations of the 120,000 square foot facility. Operations include 970 slots machines, 30 table games, 3 restaurant and 107 hotel rooms. Annual operation budget of $85 million in revenues and $30 million in EBITDA.

Responsible for the operations of the Casino, Hotel and Thoroughbred Racetrack. Operations include a slot floor of 2,800, 73 table games, 6 restaurants including a high end steak house, 356 hotel rooms, 4,500 seat entertainment complex, high end spa, 18 hole golf course, thoroughbred racetrack and 12,700 square feet of banquet space. Annual operation budget of $262 million in revenues and $49 million in EBITDA and annual capital budget of $9 million.

Responsible for the business operation of casinos and hotels; Annual budget for the casino and hotel of $90 million in revenues and $28 million in EBITDA. In Boonville, increased operating margins from 25% annually to over 30% annually. In Natchez, achieved the highest operating margins in the company two years in a row.

Senior Director of Finance, Isle of Capri Casinos, 2001 to 2005. Oversaw all financial activities of the company's two casino and hotel operations in Colorado. Directed the accurate preparation of all financial reports including income statements, balance sheets, tax returns and reports; maintained company’s system of accounts and kept records of all company financial transactions and asset in compliance with accounting standards. Prepared annual budget of $210 million. Responsible Accounting Department, Revenue Audit, Cage Operations Purchasing and Warehouse, and IT. Appraisal of the organization’s operational cash needs and management of debt levels using bank credit facility including compliance with debt covenants on a $210 million credit facility. Responsible for preparation of financial model of future profitability and cash flow for the acquisition of Colorado Central Station, which had an annual budget of $63 million.

Reno, Nevada, Us

Controller, Isle of Capri Casino Vicksburg, 2000-2001. Maintained financial statements in compliance with GAAP and coordination with both internal and external auditors. Responsible for analysis and review of the general ledger accounts to ensure reconciliation. Prepared the annual budget for the casino and hotel for corporate planning process. Managed payment process for all federal, state and local taxes. Direct reports included, the General Accounting supervisor and the Income Audit supervisor, Hard Count supervisor, the Soft Count supervisor and 10 additional hourly employees.

Reno, Nevada, Us

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Mba

Bs, Finance