CFO resigns at Seneca Gaming Corporation


Patrick Fox joined company in 2005

NIAGARA FALLS, N.Y. - Seneca Gaming Corp. recently announced that Patrick M. Fox, the company's chief financial officer, resigned effective April 11.

Fox, who joined the company in 2005, cited his desire to be closer to his family as the reason for his decisions. His current contract with SGC was set to expire in June.

''Having been able to spend a week at home in Chicago with my wife and daughters recently brought me to the realization that I had been away for long enough,'' Fox said. ''With my contract coming up for renewal in June, I thought this was the most fair and appropriate time to inform the company and the Seneca Nation that it was the right time for me to move on. My experience with Seneca Gaming Corporation has been nothing but extraordinary and I know they will continue to achieve great things.''

Fox joined SGC as vice president of finance in 2005 and was named CFO in June 2006. A certified public accountant, Fox previously held the position of CFO with Prairie Meadows Racetrack & Casino in Des Moines, Iowa, as well as Trump Indiana. He has more than 30 years of financial and accounting experience.

''Pat has been a valued member of our management team and his contributions to our success have been significant,'' said Brian Hansberry, SGC president and CEO. ''I personally want to thank Pat for the dedication he brought to the organization and wish him well as he moves on to the next phase of his career. Thanks to what Pat has helped us accomplish, Seneca Gaming Corporation is well positioned to continue to grow as a premier gaming operator delivering strong financial results at our facilities in Niagara Falls, Salamanca and Buffalo.''

Since opening Seneca Niagara Casino in 2002, SGC has completed nearly $800 million in construction projects at its casino properties, including the 26-story Seneca Niagara Casino & Hotel, the $168 million Seneca Allegany Casino & Hotel, the temporary Seneca Buffalo Creek Casino and the new $40 million Seneca Allegany Events Center.

Initial work has begun on the permanent $333 million Seneca Buffalo Creek Casino project. Scheduled to open in 2010, the project will feature a 90,000-square-foot casino with 2,000 slot machines and 45 table games, a 22-story all-suites hotel with 206 suites, four restaurants, full-service spa and salon, attached parking garage and a three-acre public park. The facility is expected to employ more than 1,000 workers.

Today, SGC operates more than 6,000 slot machines, 140 table games, 800 hotel rooms, 10 restaurants and related amenities at its three casino operations.