Las Vegas gaming exec Rumbolz signs on with Cash Systems

Jan 11, 2005 6:51 AM

Mike Rumbolz, longtime gaming executive and a former Nevada gaming regulator, has been appointed president and chief executive officer of Cash Systems, Inc. (CKN), a company that provides cash access and related services to the retail and gaming industries.

Rumbolz replaced Craig Potts, company founder and CEO on Jan. 1. Potts will continue his association with the company as a part-time employee focusing on sales and business development opportunities.

A graduate of UNLV, with a law degree from the University of Southern California, Rumbolz left the private practice of law in 1983 to become Nevada’s chief deputy attorney general. He later became a member of the Nevada Gaming Control Board and subsequently its chairman.

During his gaming career, he held executive positions with Circus Circus Enterprises Inc., Casino Data Systems, Anchor Gaming and Trump Hotels & Casino Resorts. He also was the first president and managing director of Windsor Casino Limited, a consortium company owned by Hilton Hotel Corp, Circus Circus Enterprises, Inc. and Caesars World.

Looking to capitalize on the current poker craze, Harrah’s Entertainment Inc. (HET) has retained Pilson Communications Inc. to develop new broadcast extensions for the World Series of Poker.

Pilson Communications Inc. was formed in 1995 by former CBS Sports President Neal H. Pilson who has vast experience in developing television deals for professional sports activities including a historic $2.4 billion network television agreement for NASCAR with FOX, NBC and Turner Broadcasting.

Pilson will have responsibility to renegotiate Harrah’s telecast agreement with ESPN, the cable network that produces and airs episodic coverage of the WSP event with a goal of expanding the "audience that it already enjoys," according to a company spokesman.

Continuing its efforts to develop a tribal casino in upstate New York, Caesars Entertainment Inc. (CZR) has hired Barbara Garigliano as a special consultant for the development of the planned $500 million Mohawk Mountain Casino Resort.

The company identified Garigliano as a 20-year veteran in the practice of real estate law in Sullivan County where the casino project will be developed.

She replaces Richard Miller who resigned to pursue another business opportunity, the company said.

The project involved a joint working relationship between Caesars and the St. Regis Mohawk Tribe.

Las Vegas Sands Corp. (LVS) has named Brad Serwin as the company’s general counsel and secretary. Most recently, Serwin was executive vice president, general counsel and secretary for Ticketmaster. He previously was affiliated with PAULA Financial.

Also LVS announced that Thuy Trinh, chief operating officer of the Sands Macau casino, had resigned effective immediately. Pending the appointment of a successor, Trinh’s duties will be performed by Frank McFadden, chief operating officer of Sands Macau.

GTECH Holdings Corporation (GTK) has announced the appointment of Walter G. DeSocio as senior vice president, general counsel and corporate secretary.

DeSocio will be leaving his post as chief administrative officer at Internap Network Services Corporation. He previously was general counsel and senior vice president for Concert B.V.

In addition to degrees from Colgate University and New York Law School, DeSocio received valedictory honors and an LL.M. degree from Cambridge University in England.