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CDI Announces Senior Leadership Promotions in Gaming Operations

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CDI Announces Senior Leadership Promotions in Gaming Operations

 

Churchill Downs Incorporated announced internal senior leadership promotions in the Company’s corporate gaming operations division. Mike Rich has been named Vice President of Gaming Operations where he will provide day-to-day oversight for a segment of CDI’s gaming properties. Colin Spewak has been promoted to Vice President of Marketing for Gaming Operations where he will oversee the planning, organization, and direction of marketing strategy for CDI’s gaming segment.

Rich brings 22 years of gaming experience most recently serving as Vice President for CDI and General Manager of the Company’s Terre Haute Casino Resort in Terre Haute, Indiana, where he managed the successful opening of the $290 million casino resort. Prior to joining CDI, Rich held several operational management roles with Caesars Entertainment and Harrah’s in multiple jurisdictions. Rich holds a Bachelor of Science in Accounting from Indiana University and a Master of Business Administration from The Ohio State University.

Spewak brings nearly 13 years of experience in the gaming industry, most recently serving as Sr. Director of Marketing Operations for CDI where he oversaw database marketing, email and direct mail strategies across the Company’s portfolio of casino and HRM properties. Prior to joining CDI in 2021, he held various marketing and operations roles with Caesars Entertainment. Spewak holds a Bachelor of Science in Business Administration, Marketing and a Master of Business Administration from the University of Missouri.

Both Rich and Spewak will report directly to CDI’s Executive Vice President for Gaming Operations, Maureen Adams. CDI will move quickly to fill the role of General Manager of Terre Haute Casino Resort.

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Caesars Entertainment Closes Sale of the LINQ Promenade

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Caesars Entertainment announced the closing of the previously announced sale of the LINQ Promenade to a joint venture formed between TPG Real Estate (TPG) and the Investment Management Platform of Acadia Realty Trust (Acadia) for $275 million. Concurrent with the closing of the transaction, Caesars made a $275 million voluntary prepayment of the Term Loan B due 2030 with the proceeds from the transaction.

Latham & Watkins LLP and Brownstein Hyatt Farber and Schreck LLP represented Caesars on the transaction. Kirkland & Ellis LLP provided transaction counsel to TPG & Acadia.

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The Stampede Continues with Aristocrat Interactive’s Buffalo Gold Max Power

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Aristocrat Interactive, Aristocrat’s online Real Money Gaming (RMG) division, announced that the stampede continues with the launch of Buffalo Gold Max Power in the US. This marks the fifth online game in the award-winning and iconic Buffalo portfolio, following the success of Buffalo, Buffalo Gold Collection, Buffalo Chief, and Buffalo Gold Revolution.

Buffalo Gold Max Power builds on the legacy and popularity of Buffalo Gold, a fan-favorite in land-based casinos. This online adaptation is born to entertain with new features powered by Aristocrat’s proprietary Max Power mechanic, offering players up to 46,656 ways to win free spins and collect Gold Buffalos. With dynamic reels that vary from 2 to 6 symbols on every spin and a redefined feature, Buffalo Gold Max Power is ready to create a stampede of excitement.

“For more than a decade, our iconic Buffalo games have captivated players as some of the most iconic slot games in land-based casinos. With Buffalo Gold Max Power, we’re bringing this timeless favorite online with enhanced gameplay and features that players will love. The launch in New Jersey is an exciting milestone as we continue to deliver innovative and memorable gaming experiences globally,” said Josh Morris, SVP Content at Aristocrat Interactive Content & Aggregation.

Earlier this year, Buffalo was awarded the winner of the Top Performing Omni-Channel Slot at the EKG Awards. The launch of Buffalo Gold Max Power is the latest step in Aristocrat Interactive’s strategy to expand Aristocrat’s industry-leading content portfolio into the online space. The game is currently available with online operators in New Jersey, Ontario, Canada and the UK, with more markets to follow overtime.

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Compliance Updates

JCM Global Receives Approval to Operate in West Virginia

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JCM Global announced that it has successfully passed regulatory review and received a manufacturer’s license from the West Virginia Lottery Commission. The license enables JCM to directly sell to and service customers in the state.

“At JCM, we are committed to our customers. While attaining licensing was not required, we pursued it because it allows us to directly provide JCM’s leading technology and advanced systems, backed by our world-class service, and support, resulting in faster service times and simplifying the entire relationship between JCM and our customers,” said JCM SVP – Sales, Marketing & Operations Dave Kubajak in a statement.

JCM recently announced it has attained licenses in Colorado and New Mexico, bringing the company’s total number of active gaming licenses to 177.

In West Virginia, JCM will provide technology, including the iVIZION bill validator; ICB Intelligent Cash Box System, which boosts security and efficiencies across the gaming floor; and the GEN5 thermal printer, which delivers TITO, personalized promotions, and rewards directly to the player.

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