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Acres Selects David Bain for Chief Financial Officer Role
Acres' CEO and founder, John Acres, welcomed Bain to the company's C-suite and praised his extensive experience and knowledge
The leading casino technology provider, delivering products to more than 60,000 casino gaming machines across the United States, Acres Technology, strengthened its senior-level team with the addition of David Bain, a Wall Street gaming industry expert with a track record in corporate finance. Joining the company, he was appointed to the role of chief financial officer (CFO).
In his new role at Acres, Bain is expected to oversee strategic financial processes. Leveraging his extensive experience and wide range of skills, he will play an important role in the growth of the company. Undoubtedly, an expert with the rank of Bain will quickly prove to be an important asset to Acres’ growing C-suite.
Sharing his excitement, the new CFO spoke about the company’s role in the casino industry. Bain pointed out that it is thrilling to join the company and help revolutionize the casino industry while at the same time growing the value for Acres’ stakeholders.
“Acres is again revolutionizing the casino industry and I’m excited to join the team to help grow value for all of our stakeholders. I have enormous respect for John’s vision, passion and execution that has led casino technology innovations for over 50 years.“
David Bain, CFO at Acres Technology
Bain Brings More than 25 Years of Experience to Acres
Currently, Bain holds a BA from UCLA, as well as an MBA from Pepperdine University. Additionally, he has a JD in Corporate Law from Loyola Law School. Overall, Bain’s career spans more than 25 years. His first career steps were as an entertainment attorney, but then he decided to enter the finance vertical.
The recently announced appointment by Acres comes after earlier this year, the company unveiled its interactive system, “ticket in, bonus out.” Back in August, the company confirmed that the groundbreaking system is expected to launch in the upcoming months.
“David can work anywhere he chooses and having someone of his caliber join our team as CFO is a powerful vote of confidence in our vision and our future.“
John Acres, founder and CEO of Acres Technology
John Acres, Acres’ founder and CEO, praised Bain’s extensive experience and acknowledged that he is an invaluable addition to the company’s team of experts. Last but not least, he pointed out: “David’s leadership will help us maximize profits for our customers, partners and stakeholders.”
Before joining Acres, Bain was most recently a part of B. Riley Securities. Throughout his extensive career, he held different senior-level roles, including managing director of corporate finance, as well as senior research analyst. Within the gaming sector, Bain engaged in research that probed the slot and gaming equipment supply vertical.
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William Velichkov is a research-driven writer. His strengths lie in ensuring factual accuracy, vetting government documentation and reaching out to regulators and other officials. He is particularly fond of financial reporting, the sports betting industry, B2B partnerships and esports betting developments. William is a strong asset to the Gambling News team as he adds a bedrock to our reporting.
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