San Diego Business Journal

Theresa Grady has been promoted to chief financial officer of Jamul Casino. The venue made the announcement on April 6.

Grady spend nearly four years as the casino’s director of finance. In that role, she built the casino’s finance, audit, vendor payments, payroll and count operations teams. In addition, she helped spearhead the casino’s refinance in January.

photo

Theresa Grady

“I love working in the tribal gaming setting — it’s unique, challenging and ever-changing,” Grady said. “I have especially loved working with the Jamul Tribe for the past several years. The tribe has a relatively young casino, but has been able to establish it as a respected leader in the San Diego gaming industry. Being a part of helping the tribe grow and prosper by creating this stable platform for future generations has been very rewarding.”

Grady has nearly 25 years of experience in finance, with more than 14 of those years in a casino setting. In her new role as CFO, she will add oversight of the compliance, procurement and Cash & Club Services department to her existing responsibilities. Not only does she ensure that the casino’s accounting and financial reporting meet regulatory requirements, she also develops and implements operational goals and monitors the performance of the organization’s profit objectives.

Prior to joining Jamul Casino, Grady worked for 11 years in finance for another Southern California casino, and for nearly 10 years in finance for other industries. She earned her bachelor of science degree in accounting from San Diego State University.

The casino initiated its refinance process in 2019 and completed it in 2021 due to pandemic delays. Lenders included Western Alliance Bank, Nevada State Bank, Columbia Bank and CIT Bank.

Opened in 2016, the Jamul Casino is owned and operated by Jamul Indian Village Development Corporation (JIVDC), a wholly owned enterprise of the Jamul band. The $430 million casino features nearly 1,700 slot machines, 41 live table games, a dedicated poker room and various restaurants, bars and lounges. Jamul Casino supports more than 1,000 permanent jobs in the region.