PDS Gaming, a worldwide provider of gaming equipment and financing solutions, announced Alex Dungan as its new CEO.
Dungan joins the company after a 27-year tenure at Scientific Games and its legacy company Bally Technologies. Most recently, he was vice president of the gaming operations business unit.
Dungan succeeds company founder Johan Finley, who is leaving following the acquisition of PDS by an affiliate of Northlight Financial. Finley will continue to advise the company as a consultant on special projects in the gaming industry, and will also serve as special gaming advisor to Northlight Financial.
“The PDS Gaming Board of Managers and Mr. Finley ran a comprehensive executive search, and Alex emerged as our unanimous choice,” said Michael Jahrmarkt, founder and board member of Northlight. “He brings a unique mix of energy, operational experience and extensive gaming market awareness to our business.
“The board is deeply appreciative of Mr. Finley’s dedication and leadership. Johan has built a strong foundation for our long-term growth, expanded product array and family culture of the organization.
“I’m thrilled to have this opportunity to build upon the vitality of the PDS organization and to expand our customer base and expand our suite of products to meet the ever growing needs of gaming customers around the world,” Dungan said. “I’ve known Johan for years, and when he approached me I knew I had to strongly consider the opportunity to work with the team at PDS and Northlight based upon the success he had fostered over the years.”
“I am leaving PDS in excellent condition under the guidance and direction of Alex,” said Finley. “His expertise and reputation in the gaming industry is now combined with a strong and dedicated team of individuals to allow PDS to carry on the fine work it has always delivered.”
PDS is one of the leading providers of customized financing of gaming equipment and services in the U.S. and abroad, with a 30-year operating history and gaming licenses in 30 jurisdictions. The company offers a full suite of financing solutions to its customers, which include hotel, resort and casino operators, route operators, manufacturers and distributors.
