Mark A. Sterbens, Sr., OPERATOR
Mark A. Sterbens, is a Strategic Partner of R&R Global who specializes in gaming operations and holds the responsibility for overseeing all R&R Gaming related assignments. Mr. Sterbens is an innovative, forward thinking senior gaming industry professional with over 30 years casino - resort industry experience.
Hallmarks of Mr. Sterbens distinguished career include a reputation for delivering tight fiscal controls, using a “team leader” management style and taking a hands-on motivational approach to day to day operations and marketing.
His balanced experience in all aspects of gaming and hotel operations was acquired through broad exposure to all facets of casino, hotel and riverboat operations which began in 1979 when he joined the legendary Riviera Hotel & Casino. While at the Riviera he served as Vice President of Sales & Marketing VP of Hotel Operations, Executive Vice President and President – COO. During his tenure at the Riviera he was responsible for overseeing 2,000 employees and growing the Casino to 125,000 sq. ft, the Hotel to 2,000 rooms and the Convention Center to 160,000 sq. ft.
From 1993 to 1997 Sterbens acted as President - COO for Par-A-Dice Riverboat Casino and Hollywood Park Casino, were he successfully led each organization into achieving positive fiscal positions. Par-A-Dice highlights included managing the design and construction of a $26M riverboat casino, thus increasing gaming capacity by 30% and achieving 100% EBITDA growth. During his time at Hollywood Park he guided the attraction into achieving a remarkable 180% growth in EBITDA.
The proceeding challenging assignments paved the way for Mr. Sterbens to enter into a long term relationship with Herbst Gaming, Inc that spanned 1999 to 2010 which started with a position as General Manager for Terrible’s Hotel and Casino. Subsequently his role expanded to a VP Regional Manager that encompassed overseeing Riverboat Casinos in St. Joseph, LaGrange, MO and Osceola, IA, and two casinos in Pahrump, NV and one in Searchlight, NV. Highlights of his career with Herbst Gaming include project managing $80M in design and construction upgrade budgets for related casinos, hotels and riverboats. Under his supervision all expansion efforts were delivered on time and at budget.
Over his remarkable career, Mark Sterbens has been responsible for over $300M in the design and construction of casinos, hotels, and riverboats, has delivered exceptional profitability to numerous ventures and has held full gaming licenses in 6 separate jurisdictions including Las Vegas as recent at 2010.
Mr. Sterbens is undeniably one of the gaming industry’s most sought after and experienced hotel and casino operators and a true asset to every gaming based hospitality venture he has been involved with.
>Mr. Sterbens holds a Bachelor of Science in Hotel Administration from the prestigious William F. Harrah Hotel College at the University of Nevada, Las Vegas.