'This is also indicative of a company with sound financial practices.' 'This indicates that the operation has little debt, is liquid and will not have any problem in meeting any short-term debts,' Spectrum officials wrote. The casinos' assets currently are about 2.6 times its liabilities, significantly higher than the industry norm of 1.2 and 2, according to the Spectrum report. However, an independent evaluation of the casino conducted in April by consulting firm Spectrum Gaming Group depicts Conrad's approach as one that's likely helped the casino survive through Fremont County's boom-and-bust cycle and become the county's largest employer. RIVERTON - If longtime Wind River Hotel and Casino CEO Jim Conrad does leave at the end of June, one of the biggest decisions his successor will have to make is whether to stick with the conservative fiscal approach Conrad has taken since he began running the casino in 2005.īy conventional standards, Conrad's operation is 'under-leveraged,' and more debt might help invest in new ventures that would increase profits. Updated: 4 years ago / Posted May 29, 2019 By: By Daniel Bendtsen Riverton Ranger Via Wyoming News Exchange

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