The American Gaming Association (AGA) Board of Directors has announced that Michael Rumbolz, the executive president of Everi Holdings Inc., will take over as the new president of AGA, replacing Jim Allen. Rumbolz will officially assume his role at the beginning of next year and his tenure will last for two years.
Rumbolz has a wealth of experience in the gaming industry, having worked his way up from a busboy to various leadership positions. His career has encompassed all facets of the gaming industry, including gaming equipment production, casino fin-tech, gaming legislation and regulation, hotel and casino operations, and digital gaming. He was the former CEO and President of Everi, a Chief Deputy Attorney General of Nevada, and a Member and Chairman of the Nevada Gaming Control Board.
AGA President and CEO Bill Miller expressed his admiration for Rumbolz’s experience and expertise, stating that his career as an operator, manufacturer, and regulator will be vital to driving meaningful progress on industry priorities.
During Allen’s term as president, AGA has supported the industry’s recovery from COVID-19, while also focusing on developing responsible gaming practices and prevention of illegal gambling. Bill Miller stated that Jim’s knowledge and guidance have helped AGA advance its mission and maximize its impact for the industry.
In other news, AGA recently released a report showing that US commercial gaming income reached $16.17 billion in Q3 2023, marking its best Q3 ever. This also represents the second-biggest quarter for commercial gaming ever. The industry is expected to have a third consecutive record year, with a 9.9% increase from the previous year.
The transition of leadership and the positive report on commercial gaming income demonstrates the continued growth and resilience of the gaming industry in the US.