GGB is committed to providing updated news and analysis on our weekly news site, GGBNews.com.

Parisi New Affinity Chairman

Nevada-based Affinity Gaming has announced that Richard Parisi of Silver Point Capital will become the gaming operator’s chairman of the board, succeeding Don Kornstein.

Parisi is a senior investment professional with Connecticut-based hedge fund Silver Point Capital, Affinity’s second-largest shareholder. He was elected when the company increased the board’s size from five to seven. Kornstein was re-elected and will remain a member of the board.

Silver Point Capital owns 24.9 percent of the company, second only to private equity firm Z Capital Partners, which controls 30.5 percent of Affinity stock.

    Recent Feature Articles

  • Funding the Future

    Gary Ellis’ vision of a cashless casino ecosystem with Marker Trax and Koin

  • Age of the ETG

    Electronic table games have grown from simple automated roulette machines into a genre that is steeped in innovation.

  • Online in Ontario

    Stakeholders deem Ontario a success, but also a work in progress.

  • Mixing It Up

    Developing slot floor strategies for emerging markets.

  • Gaming & Diversity: Staying the Course

    DEI has encountered big resistance of late. Here’s how gaming companies continue to build a fairer workplace.