US gaming supplier American Gaming Systems (AGS) has appointed Bally Technologies’ Kimo Akiona as the company’s new chief financial officer.
Akiona replaces Curt Mayer as CFO, and brings with him over over fifteen years of accounting and financial management experience, as well as extensive gaming industry knowledge.
He most recently served as senior vice president and corporate controller and director of SEC Reporting at Bally Technologies/SHFL entertainment, where he spent nearly ten years in various positions.
While at SHFL, Akiona managed the global accounting function which included teams in the US, Asia-Pacific, Europe and Latin America.
“I am pleased to join the AGS team at a time when the company is quickly establishing itself as a more complete and formidable gaming equipment supplier,” said Akiona, following his appointment. “Their commitment to customers and product quality, as well as their efforts to diversify are impressive.
“I look forward to working with the team during this exciting time of growth and diversification.”
AGS CEO and president David Lopez said: “Kimo brings extensive strategic, financial, and accounting experience as well as a deep understanding of the gaming industry to his new role. We are confident that his global experience and leadership qualities will benefit AGS and our customers as we manage our growing business.
“Over the past four years, Curt has played an important role in the company’s success, including the transition of ownership to funds affiliated with Apollo Global Management, the acquisition of Colossal Gaming, and the transformation to a more complete gaming supplier in 2014. We thank Curt for his numerous contributions to AGS and wish him the very best in all of his future endeavors.”
AGS is a gaming machine supplier for Class II markets for the Native American market, with an emerging presence in Class III markets and live table games. It has over 8,800 gaming machines in 194 gaming facilities across twenty US states.
The company recently expanded into the Illinois video gaming terminal market and is now offering branded live felt table games.