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PLEASANTVILLE,
NJ (March 9, 2004) AC Coin & Slot, exclusive distributor
of IGT gaming devices in Atlantic City and the Caribbean, and
one of the country's leading slot machine manufacturers and casino
supply companies, has promoted Thomas (Tom) McCormick to the position
of Executive Vice President and General Counsel. Mr. McCormick
has been the company's Vice President and General Counsel since
1999. In his new position, Mr. McCormick will act as the company's
liaison to state and local government agencies, including casino
regulatory authorities, in all jurisdictions where the company
transacts business. He will also monitor any gaming legislation
enacted throughout the United States and oversee the licensing
process on behalf of the New Jersey-based company in all gaming
jurisdictions. In addition, he will counsel the company on gaming
regulation requirements through the United States and the Caribbean
on both legal and regulatory matters.
Prior to joining AC Coin
& Slot in 1992, Mr. McCormick served as Legal Assistant to
the Atlantic City 's Golden Nugget Hotel/Casino, Manager of Regulatory
Affairs and Assistant Counsel to the Claridge Hotel/Casino and
Associate General Counsel to Harrah's Hotel/Casino, also in Atlantic
City .
He earned a Bachelor
of Science degree form Bloomsburg State University of Pennsylvania
and a Juris Doctor degree from Widener University School
of Law in Wilmington , Delaware . He is a member of the New Jersey
and Pennsylvania Bar Associations and the International Association
of Gaming Attorneys, as well as the Casino Law, Corporate Law,
and Labor Employment Law sections of the New Jersey Bar Association.
Mr. McCormick is also on the Board of Directors of the Greater
Atlantic City Chamber of Commerce. He resides in Galloway Township
, New Jersey , with his wife and their two children.
Ms. Bessie Sacco has
been promoted to the position of Vice President of Legal and Compliance.
Ms. Sacco, who previously served as the company's Associate General
Counsel and Director of Compliance, will now be responsible for
ensuring that the company's operations are in compliance with
all jurisdictional requirements, overseeing all regulatory and
product compliance procedures and programs, representing the company
in contractual and transactional matters, matters of employment
and risk management, and for ensuring the protection of the company's
intellectual property.
Ms. Sacco joined the
company in 1997 as part-time legal counsel, becoming full time
Associate General Counsel and Director of Compliance in 1998.
Prior to joining AC Coin & Slot, she was a Law Associate at
DeNoia & Tambasco in Toms River, New Jersey. Ms. Sacco has
also served as Associate General Counsel for the Trump Taj Mahal
and Trump's Castle where she provided legal counsel concerning
all facets of operations, including compliance with all casino
regulatory matters.
Her extensive legal
background in gaming industry also includes having served as Assistant
Corporate Counsel for TropWorld Casino and Entertainment Resort
where she provided legal representation with respect to all aspects
of operations with emphasis on casino regulatory matters.
She has also served
as Deputy Attorney General for the Department of Law and Public
Safety Division of Law in Trenton, New Jersey where she represented
the Department of Labor in unemployment and disability insurance
matters, as well as the New Jersey Department of Insurance in
insurance fraud matters.
Ms. Sacco began her
legal career as a judicial law clerk for the Honorable Erminie
L. Conley and Honorable Rosemary K. Reavey of the Superior Court
New Jersey Law Division in Middlesex County, New Brunswick, New
Jersey.
She is a member of the
New Jersey State Bar Association and currently serves as Vice
Chair and was formerly Chair from July 2003 through June 2004
of the Association's Law Section and is a member of the International
Association of Gaming Attorneys. She is a graduate of Seton
Hall University School of Law and a Magna Cum Laude graduate
of Boston College. She resides in Galloway, New Jersey,
with her husband and two children.
ABOUT AC COIN
& SLOT
AC Coin & Slot is the
exclusive distributor of IGT gaming devices in Atlantic City and
the Caribbean . Since 1978, the company has been recognized as
one of the country's leading slot manufacturers and diversified
casino supply companies whose products include innovative proprietary
slot machines, custom interior casino signage, slot bases, casino
millwork and seating. AC Coin & Slot employs approximately
300 individuals nationwide, including California, Florida, Illinois,
Iowa, Louisiana, Michigan, Mississippi, Nevada and Puerto Rico,
in addition to its corporate headquarters located in Pleasantville,
New Jersey.
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