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MIODUNSKI NAMED CEO OF ALLIANCE GAMING

Apr 27, 2001 12:26 AM

Robert Miodunski, president of Alliance Gaming Corp., has taken on the title of chief executive officer with the slot machine and systems manufacturing company.

The announcement comes on the heels of a licensing agreement Alliance signed with Multimedia Games of Austin, Texas, one of its major competitors in Washington state’s Indian casino market, that will expand the reach of both companies in that market.

The deal calls for Multimedia to buy an undisclosed number of games and equipment from Bally Gaming, an Alliance subsidiary, over a three-year period and pay Bally royalties for the use of popular titles like Blazing 7s. The new partnership will control an estimated 30 to 35 percent of the market.

“Basically, from a pure business decision standpoint, this keeps us in the state but allows us to partner with our former competitors rather than beating each other’s brains out. We’re now working together,” an Alliance spokesman said.

Some 12 tribal casinos are open in Washington, each with anywhere from 200 to 600 cashless video slots per casino

Miodunski’s new title won’t affect his day-to-day responsibilities, said the spokesman, who added, “Obviously with a company our size it’s important to have a CEO.”

Miodunski has been chief operating officer of Alliance and president of the Bally subsidiary since 1999. Prior to that he was senior vice president of Alliance’s large slot route operations, run by its United Coin subsidiary.