Speaker Profile

William Newby

Job TitlePresident

Company NameTFA Capital Partners

About

Bill Newby is the President of TFA Capital Partners (“TFACP”) a boutique investment bank with a business emphasis on building client relationships by offering tailored service via their unique industry insights and dedicated team approach. TFACP’s focus on strategic advisory and capital raising for the gaming and leisure industries. Core clients include those in the tribal and commercial sectors with interests in both the domestic and sovereign markets. Mr. Newby was the former Senior Client Manager for Banc of America Securities’ Gaming and Leisure Group (part of the Real Estate, Gaming and Lodging group) in Los Angeles. From the time in early 1992 when Mr. Newby was charged with setting up the gaming banking franchise for the old Bank of America, he and a full team of dedicated professionals built Bank of America’s gaming practice into the consistent top performing gaming industry banking group in the sector. Bank of America was under Mr. Newby the largest and most successful capital raising source to the U.S. and global gaming industry, having raised over $145 Billion in capital since 1992 and an estimated market share of lead-left side debt capital raising of over 50% . Mr. Newby’s team advised and financed the gaming industry’s leading companies in many of the major transactions announced to the date of his departure in late 2008, including Harrah’s Entertainments’ acquisition of Caesars, MGM Mirages’ acquisition of Mirage Resorts and Mandalay Resort Group, Boyd Gaming’s acquisition of Coast Resorts, as well as the TPG/Apollo acquisition of Harrah’s Entertainment and the creation of Wynn Resorts Limited though a combination of equity (IPO), fixed and floating rate debt. Mr. Newby’s team was also the most accomplished arranger and provider of project finance in the casino industry having completed such notable deals as Monte Carlo, Borgata, MGM Macau, Four Winds (Pokagon Band), Aliante Station Casinos and Fontainebleau Las Vegas and Miami. Further, Mr. Newby’s team was the preeminent provider of capital to Native American tribal gaming ventures with tribal clients across the USA and total capital raised of over $30 Billion through over 50 deals since arranging the first ever tribal casino bank financing in 1995. Mr. Newby sat on the Board of Directors of the American Gaming Association, the gaming industry’s senior peer council comprised of 17 directors including 15 CEO’s from the most prominent gaming and gaming supply companies in the sector. Mr. Newby was a board member for over 12 years and was one of only two board members from the financial community. Following his departure from Bank of America, Mr. Newby became the Head of Americas Gaming and Leisure Investment Banking for UBS. Notable transactions during Mr. Newby’s tenure at UBS included lead positions for both Wynn Macau, Limited and Sands China Limited IPOs. Mr. Newby left UBS in 2010 to become Jefferies LLC’s Global Head of Gaming Investment Banking. Notable transactions included lead left roles for Station Casinos’ purchase of Green Valley Ranch Station Casino and Downstream Development Authority’s (Quapaw Tribe) senior notes issue in 2011. Mr. Newby left Jefferies in July of 2013. Mr. Newby’s most recent transaction was the successful raise of $25MM in secured financing as part of the Scarlet Pearl Resort Casino project in D’Iberville, MS. Scarlet Pearl opened for business in December of 2015. Mr. Newby is currently engaged as advisor to the Biloxi Boardwalk Casino Resort project in Biloxi, MS. Mr. Newby’s responsibilities include the selection of a casino manager and design/development team (completed 12/14) and the raising of additional equity capital to compliment the sponsor’s prior equity contribution as well as the raising of debt capital to complete the development. Overall, Mr. Newby has over 30 years of experience in banking. Mr. Newby graduated Magna Cum Laude in History from UCLA. Mr. Newby also received his MBA from UCLA’s Graduate School of Management (now the Anderson School).

Conference Sessions

  • Raise, Check or Fold? Wall Street’s View on the Future of Gaming

    10-05-2017, 11:30 AM - 12:30 PM, Veronese 2403

    In this session, former investment banker and Cable business news commentator Carol Roth will sit with leading Wall Street figures to talk about today’s market ...

    • Language: English

Social Media

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  3. Twitter www.twitter.com/TFACapital