AGS today announced that David Farahi has been elected to AGS’ Board of Directors and will serve on the company’s Nominating and Governance, Compensation, and Audit committees.
Farahi has served as Executive Chairman of Quick Custom Intelligence since his appointment earlier this year. Previously he served as Chief Operating Officer of Monarch Casino & Resort from 2012 to 2021.
Farahi earned an MBA from Columbia Business School with concentrations in both real estate and finance. He also holds a BA in economics and international studies from Northwestern University. He earned Dean’s List honors from both institutions.
Starting his gaming career at Monarch in 1998, Farahi held several additional positions, including Director of Investor Relations, FP&A Analyst, and numerous operations job within the slot and gaming departments. From 2004 to 2007 he held various finance-industry roles with HSBC Bank PLC in London, Geneva, and New York.
Farahi also served four terms as President of the Colorado Gaming Association from 2015 to 2021, where he spearheaded the industry’s legislative agenda, including three successful statewide ballot initiatives. In 2022, Farahi became an Adjunct Professor at Metropolitan State University Denver, teaching an introductory course on gaming and sports book management.
AGS President and Chief Executive Officer David Lopez said, “David is a seasoned industry executive with extensive experience in both the gaming-operator and gaming-regulator space. He has a proven track record of leading teams to operational improvements, integrating and scaling a substantial acquisition, and effectively communicating with the investment community. We believe his strong industry experience will be extremely valuable as we continue to grow, improve our operational efficiency, and strengthen our relationships with our casino operator partners.”
Farahi said, “I have long admired the passion, grit, and ingenuity of the AGS team. Since its inception, AGS has approached operators as true partners, developing products from slots to table games and beyond. I have tremendous respect for David Lopez, his executive team, and the other board members, and I’m honored to be joining their board.”
