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Issue Date: Vol. 50, No. 7, July 2010, Posted On: 7/19/2010

AGS Names Interim President And CEO

Nick Montano
Robert Miodunski, American Gaming Systems, AGS LLC, Alpine Investors, Graham Weaver, video gaming, Illinois video gaming, amusement business, gaming business, coin-op news

SAN FRANCISCO -- American Gaming Systems (AGS), a maker of Class II and Class III slot machines that is entering the Illinois video gaming market, named Robert Miodunski chairman and interim president and chief executive officer.

The company, which has offices in several gambling jurisdictions including Nevada, is owned by San Francisco-based Alpine Investors, which has stated intentions to expand AGS's presence in the gaming equipment market. AGS officially opened its office in Itasca, IL, this week.

"Alpine has decided to put strong financial backing behind and specific emphasis on its investment in AGS, and Bob Miodunski delivers the credibility, the leadership and the motivation we need to take AGS to another level," said Alpine president Graham Weaver.

Miodunski retired as chief executive of Alliance Gaming (now Bally Technologies) in September 2004 after a five-year run. During his tenure as CEO, Alliance's Bally Gaming and Systems business unit grew and acquired several technology components. He focused on real estate development after exiting the gaming industry.

"The opportunity to take a profitable and growing technology company and push it into the mainstream of gaming suppliers was simply too good to pass up," Miodunski said. "Our plan is to identify a high-caliber president and CEO who I will work with while retaining my position as chairman."

AGS provides video slot machines to tribal casinos in Oklahoma, California, Florida, New Mexico, Michigan, Maryland and Washington.

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