Robert Miodunski steps in as CEO for Integrity Gaming Corp.

The Integrity Gaming Corporation (IGC) has been a leading supplier of slot machines, bingo and other gaming related products for over 20 years.

Based in Vancouver, Canada it predominantly works within Oklahoma and Texas where it is the leading supplier to 30 Native American casinos.

Its founders were all experienced gaming investors and operators and it did not take long before the company was seeing success.

In 2015, Podyras Gaming Finance Corporation, as IGC was then known, merged with the equally successful Integrity Companies. This widened IGC’s already successful tribal gambling market and secured the company’s future.

During this time Peter Macy, one of the Founding members of Podyras, remained an integral part of the board and maintained the role of CEO. Previously working for J P Morgan and Wells Fargo as an investment banker focusing on the gaming industry, Macy was able to bring some unique insights to quickly developing IGC.

With his co-founders, Macy was able to move the company from start-up to success story in a very short time, adding additional services to the company’s portfolio, such as construction, alongside its slot machines and gaming supplies.

Macy’s strong leadership took the company from its humble beginnings, in 1997, to the regional tour de force that it represents today.

Miodunski takes the reins

Following the announcement of Peter Macy’s departure as CEO of IGC, in June 2018, the company has installed Robert Miodunski to take the reins until a replacement is secured.

The wealth of experience under Miodunski’s belt will be warmly welcomed and can only reassure stockholders, especially after the departure of one of the co-founders of Integrity Gaming, formerly known as the Poydras Gaming Finance Corp.

2018 has seen a promising start for IGC, who can already boast of having a successful first quarter. This is perhaps to the relief of those following IGC’s fortunes, as 2017 had proved to be a bit of a mixed bag, with overall revenues up whilst net losses also rose.

In some respects this is perhaps not surprising, as the company did embark upon a concerted program of expansion both in terms of reach within casinos and of expanding into other areas of the market. This combination of expansion of their existing base, along with some experimentation, was clearly going to hit the finances leaving some to question if they had overstretched.

However, far from deserting a sinking ship, it seems that Macy has done what any honourable and competent captain would do, as he steered the company through the rocky waters of growth. This is consistent with Macy’s statement back in December, where he pledged to focus on the slot machine sections of the business and stabilize finances to enable expansion.

David Danziger, chairman of IGC was clear to point out that Peter Macy was leaving with the best wishes of the company and his former colleagues. It almost appears as if Macy had ensured that his departure was one that he could be confident with, establishing a solid future for the company that he started.