LAS VEGAS, July 14 /PRNewswire/ -- Aristocrat Technologies, Inc., the United States subsidiary of global gaming leader Aristocrat Leisure Limited , announced today that Walter Stowe, Aristocrat's Vice President, Legal and Compliance, was named President of the Association of Gaming Equipment Manufacturers (AGEM).


Stowe succeeds Bob McMonigle, the founding president of AGEM, who recently joined Aristocrat as a full-time sales and marketing consultant.


"I am so happy and proud to serve as President of this prestigious association that represents many of the key gaming equipment manufacturers," Stowe said. "I look forward to working with the other association members to continue AGEM's mission promoting the interests and concerns of gaming manufacturers and operators."


"Along with working to expand our membership, I am very excited about AGEM taking a very proactive role in potential new gaming jurisdictions," Stowe added.


Stowe joined Aristocrat in June 2002 as Vice President, Compliance and was named Vice President, Legal and Compliance in October. He serves on the Compliance Committee for Aristocrat's global group of companies. Prior to joining Aristocrat Stowe served as Director of Compliance and Associate Corporate Counsel for Konami Gaming from 2001-2002.


Before joining Konami, Stowe worked 26 years for the FBI, where he held various management positions, ending his career as Associate Special Agent in charge of the Chicago division. During his time with the FBI Stowe managed the FBI's New Agent Training Program and served as a congressional liaison.


"Walt's extensive legal and legislative background will be strong assets to AGEM, especially in new and expanding gaming jurisdictions where we can really have an impact for the benefit of our industry," said Jack Bulavsky, Executive Director of AGEM. "He and our other Board members will ensure that we provide a united voice on public matters that are important to gaming equipment manufacturers and our customers, and at the same time promote excellence in the manufacture of gaming devices."


Stowe joins the AGEM Board of Directors, which consists of President Walter Stowe (Aristocrat Technologies); Vice President Orrin Edidin (WMS Gaming); Secretary Erik Batzloff (JCM American); Treasurer Brooke Dunn (Shuffle Master Gaming); and General Counsel Neil Friedman (IGT).


Aristocrat Technologies, Inc., the U.S. subsidiary of global gaming leader Aristocrat Leisure Limited, is responsible for all North and South American operations from its headquarters in Las Vegas, Nevada. Aristocrat offers a diversified product line that reaches into virtually all facets of the casino floor. In addition to video and stepper slots, the company provides casino management systems, multi-site progressive (MSP) systems, and progressive jackpot meters. For more information, visit www.aristocratgaming.com .


Source: Aristocrat Technologies, Inc.