The American Gaming Association (AGA) will hold its annual State of the Industry presentation with AGA President and CEO Bill Miller on Tuesday, February 20 at 11:30 AM ET/8:30 AM PT.
During the presentation, the AGA will release full-year 2023 commercial gaming revenue numbers, discuss gaming’s third consecutive record-setting revenue year, provide analysis on the current gaming landscape, and preview AGA priorities for 2024.
Media are invited to a press call immediately following the presentation for Q&A.
What: AGA State of the Industry: Gaming’s Look Ahead & 2023 Commercial Gaming Revenue Tracker Release
Who: AGA President and CEO Bill Miller and Vice President, Research David Forman
When: Tuesday, February 20, 2024 at 11:30 AM ET/8:30 AM PT
Where: WEBINAR REGISTRATION | PRESS CALL REGISTRATION
For questions about this event or AGA’s Commercial Gaming Revenue Tracker, contact [email protected].
OKTO Joins American Gaming Association
OKTO, a leading global digital payment solutions provider, proudly announces its ally membership with the American Gaming Association (AGA), the premier national trade group for the U.S. casino gaming industry. The membership solidifies OKTO’s dedication to the highest regulatory standards, continual support for responsible gambling practices, and the advancement of digital transformation in the industry.
As the national trade group representing the U.S. casino industry, the American Gaming Association (AGA) fosters a policy and business environment where legal, regulated gaming thrives. The AGA’s diverse membership of commercial and tribal casino operators, sports betting and iGaming companies, gaming suppliers, and more lead the $329 billion industry and support 1.8 million jobs across the country.
As a member of the AGA, OKTO aims to bolster its ability to provide advanced payment services to regional merchants while actively engaging with local authorities for a secure and responsible gambling ecosystem.
Theo Engelis, OKTO’s Vice President North America, expressed, “Joining the AGA allows us to contribute to the advancement of the American gaming landscape. OKTO is committed to upholding stringent regulatory standards and collaborating closely with local authorities to deliver innovative, secure, and efficient cashless payment solutions in the American gaming industry.”
OKTO will actively participate in member events to share our unique perspective on the digital payments’ environment. This commitment underscores OKTO’s dedication to remaining at the forefront of the American gaming Industry, fostering industry relationships, and supporting shared business objectives.
OKTO’s membership with AGA highlights its proactive contribution to the industry’s growth and responsible development, showcasing a commitment to excellence, innovation, and the promotion of a secure and responsible gaming environment.
Everi’s Michael Rumbolz Elected American Gaming Association Chairman
The American Gaming Association (AGA) board of directors elected Michael Rumbolz, Executive Chair of the Board of Everi Holdings Inc., as the association’s new chairman. He will succeed Hard Rock International Chairman and Seminole Gaming CEO Jim Allen, who has served as AGA chairman since January 2022. Rumbolz begins his two-year term in January 2024.
“I am grateful for the opportunity to help shape gaming’s future as the AGA’s next chair,” said Rumbolz. “From stopping illegal gambling to evolving responsible gambling, the AGA is tackling transformational issues and I am eager to build on the progress made during Jim’s tenure.”
Working from a busboy to the c-suite, Rumbolz’s career spans all levels and aspects of the gaming industry with experience encompassing gaming equipment manufacturing and distribution; hotel and casino operations; casino fintech; digital gaming; and gaming legislation and regulation. Rumbolz previously served as President and CEO of Everi, Member and Chairman of the Nevada Gaming Control Board, and Chief Deputy Attorney General of Nevada.
“It’s an honor to welcome Mike—an industry legend in his own right—as the next AGA chairman,” said AGA President and CEO Bill Miller. “Mike’s career as an operator, manufacturer and regulator is unparalleled and will be vital to driving meaningful progress on industry priorities.”
During Allen’s tenure as chairman, the AGA supported the industry’s record-setting COVID recovery while working to evolve the industry’s approach to responsible gaming and launching a new effort to stop illegal gambling.
“Jim’s knowledge, insight and guidance have helped the AGA advance our mission and maximize our impact for the industry. He’s been a trusted advisor to me, and I am thankful for his partnership over the last two years,” Miller continued.
“Our industry and this association have never been stronger. I am immensely proud of our success over the last two years accelerating gaming’s recovery while defining and advancing new priorities,” said Allen. “The AGA is well-positioned under Mike and Bill’s leadership.”
National Skill Game Leader Pace-O-Matic Congratulates United States Casino Industry and American Gaming Association on Best July Ever
Pace-O-Matic, the industry leader in legal skill games, would like to congratulate the United States casino industry and the American Gaming Association (AGA) on reporting their best July in history.
According to the AGA, the national trade association for the gambling industry, commercial casinos made nearly $5.4 billion in July of this year, up nearly 6% from last year. They AGA also reported that the casino industry will surely have its best year yet in 2023, having made nearly $38 billion since the beginning of the year. That’s an 11% increase over 2022.
Curiously, the casino industry reports record profits month after month while simultaneously touting legal skill games as a hindrance to their revenue. The casinos and AGA have waged a full-scale attack on the skill game industry in several states. Those states include Pennsylvania and Virginia where the AGA notably reported that casinos in those markets helped hit a new monthly record for in-person gambling.
“We may sound like a broken record when we continue to send our congratulatory notes to the casino industry but that’s because they continue to report record profits over and over again,” the Chief Public Affairs Officer for Pace-O-Matic, Mike Barley, said. “We will continue to point out their hypocrisy as long as they continue to attack legal skill games, which are supporting small businesses and fraternal organizations in many states.”
Skill games provide critical revenue to restaurants, bars, taverns, VFW halls and American Legion posts throughout the country. They help struggling mom-and-pop shops afford things like bills, updates and wages in a tough economy. The skill game industry has routinely asked to be regulated in markets and has faced opposition from the casino industry every time.
“We take no issue with the casinos and the evidence shows that we can coexist with them in a regulated market,” said Barley. “But it seems that the casino industry will rest at nothing until they stamp out any perceived competition. Studies have shown that skill games have no impact on casinos and their own financial reports back that up.”
Pace-O-Matic is the leading developer of legally compliant skill games in the United States, creating and marketing fun and exciting games for small businesses and fraternal and social clubs. With games in several markets across the nation, customers enjoy using their skill and patience to win.
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