Multimedia Games Holding Company, Inc. (Nasdaq: MGAM) (“Multimedia Games” or the “Company”) announced today that Dennis Neilander, 50, has been retained as a consultant for compliance and gaming regulatory matters and has assumed the role of Regulatory Compliance Committee (“RCC”) Chairman, subject to any required regulatory approvals. Mr. Neilander joins Stephen Greathouse, Chairman of the Board of Multimedia Games, and Punam Mathur, Vice President, Employee and Community Engagement at NV Energy and a former senior executive with MGM Mirage, on the RCC. Patrick Ramsey, President and CEO of Multimedia Games, is an ex officio non-voting member of the RCC. Jerry Smith, Multimedia Games’ General Counsel also serves as Chief Compliance Officer for the Company and advises the RCC.
In his new position, Mr. Neilander will act as an independent advisor to the RCC and interact, on an as needed basis, on the Company’s behalf with gaming regulators.
Mr. Neilander joined Kaempfer Crowell, a nationally-recognized Nevada law firm specializing in government affairs, litigation and real estate, as “of counsel”, in 2011. Prior to joining Kaempfer Crowell, Mr. Neilander served as a member of the Board for the State of Nevada Gaming Control Board (“GCB”) from 1998 – 2010, and was GCB chairman for the last 10 years of his tenure, marking the longest service in Nevada history as Chairman. He was appointed to the GCB by three different Governors. Prior to his appointment to the GCB, Neilander was Chief of the GCB Corporate Securities Division which regulates publicly traded gaming companies that operate in Nevada. Prior to his tenure with the GCB, Mr. Neilander also served as the primary research staff attorney for the Judiciary Committees of the Nevada State Legislature.
Jerry Smith commented on Neilander’s appointment, “Dennis’ knowledge of the gaming regulatory environment, laws and trends and public company regulatory compliance are tremendous assets to our RCC and our senior management team. With the growing number of jurisdictions where Multimedia Games is licensed to do business, which now totals more than 125 licenses in states (including Nevada) and tribal jurisdictions, and with numerous new licenses currently under review by state and tribal regulatory agencies, including Ohio and Pennsylvania, it is important for Multimedia Games to have an individual with Dennis’ experience participating in the oversight of our regulatory matters and helping ensure that our operations are conducted in compliance with all applicable gaming and other laws. We are fortunate to have him.”
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