UNLV to honor Konami Gaming officer for achievements in hospitality

Tom Jingoli was four years into a job as an investigative agent with the New Jersey Division of Gaming Enforcement when he considered a career change to the other side of the gaming tables.

New Jersey has a two-year cooling off period before a gaming regulator can work for a hotel-casino. Jingoli was encouraged to come to Las Vegas and earn an advanced degree at the University of Nevada, Las Vegas.

One of the individuals making the suggestion was the late Shannon Bybee, original executive director of UNLV’s International Gaming Institute. Bybee, who died in 2003, was a leading gaming industry pioneer who served as a casino regulator, gaming executive, attorney, and a professor at UNLV’s William F. Harrah College of Hotel Administration.

“Shannon was a great mentor and had a tremendous influence on a lot of people,” said Don Snyder, the current dean of the hotel college.

Jingoli came West and 15 years later, he is still in Las Vegas.

His connection with UNLV comes full-circle Thursday at Aria when Jingoli, chief compliance officer for slot machine manufacturer Konami Gaming, is honored as one of the school’s three industry executives of the year during the Vallen Dinner of Distinction.

Jingoli, 43, will have a few thoughts about Bybee that evening.

“I met Shannon and (former Las Vegas gaming executive) Dennis Gomes doing investigations,” Jingoli said. “Since I had two years before I could work in gaming, they suggested going to UNLV would be a great way of getting into hotel and casino management.”

Along with Jingoli, the dinner will honor Christopher Silva, president and CEO of St. Francis Winery, and Chris Meyer, vice president of convention sales for the Las Vegas Convention and Visitors Authority.

Television personality Guy Fieri was named as the Alumnus of the Year while American Gaming Association President Frank Fahrenkopf Jr. and Nextep Systems are also being honored.

“I’m really humbled by this,” Jingoli said.

Jingoli earned a master’s in hotel administration from UNLV in 1996 (his undergraduate degree is in economics from Bethany College in West Virginia).

But his career took a different direction in 2003 when he joined Konami, a subsidiary of the Japan-based Konami Corp. Over the last eight years, the slot machine company has quietly sliced into the market share controlled by industry giants International Game Technology, Bally Technologies and WMS Industries.

Konami has more than 200 gaming licenses worldwide, including with the vast majority of the major Indian gaming jurisdictions and the traditional casino markets in North America.

Sales figures for the American arm of the company are folded into Konami’s overall fiscal profile, so financial figures are not readily available to the analyst community.

“We’ve done a good job grabbing our share of the pie,” Jingoli said.

Wall Street has noticed Konami’s achievements.

“Several years ago, Konami was virtually nonexistent in the North American market,” Roth Capital Partners gaming analyst Todd Eilers said in an interview last year. “They’ve been one of the few companies to penetrate the oligopoly of the large gaming suppliers. The real story is that a lot of investors don’t even know about Konami, and that it is a meaningful player in the slot market.”

Like the company, Jingoli has quietly made a large contribution to the gaming industry’s growth, Snyder said.

Last summer, Konami, with the endorsement of CEO Satoshi Sakamoto and with Jingoli’s encouragement, donated $1 million to the Hotel College. Almost half of the award is being used by the school at its discretion. An endowment with $500,000 of the donation is being used to support professional development opportunities for gaming management students.

“Konami gave us a great amount of flexibility with the donation,” Snyder said.

Outside of Konami, Jingoli in serving his second term as the president of the Association of Gaming Equipment Manufacturers, which now has 108 members worldwide. The organization has lobbied for gaming industry expansion, although there is little in the way of current opportunities.

“(Slot machine manufacturers) are all highly competitive,” Jingoli said. “Even in this economy we still have to spend money and develop products. I think there is still a lot of room to grow.”

Contact reporter Howard Stutz at hstutz@reviewjournal.com or 702-477-3871.

Project billed as one of the world's largest marijuana dispensaries plans to open Nov. 1
Planet 13 co-CEO Larry Scheffler talks about what to expect from the new marijuana dispensary, Thursday, July 19, 2018. (Marcus Villagran/Las Vegas Review-Journal) @brokejournalist
Oasis Biotech opens in Las Vegas
Brock Leach, chief operating officer of Oasis Biotech, discusses the new plant factory at its grand opening on July 18. (Bailey Schulz/Las Vegas Review-Journal)
UNLV Tech Park innovation building breaks ground
Construction on the first innovation building at the UNLV Tech Park is underway. (Bailey Schulz/Las Vegas Review-Journal)
Caesars Forum Meeting Center
Caesars broke ground Monday on its $375 million Caesars Forum Meeting Center (convention center) just east of the High Roller observation wheel. (Caesars Entertainment)
Technology reshapes the pawn shop industry
Devin Battersby attaches a black-colored device to the back of her iPhone and snaps several of the inside and outside of a Louis Vuitton wallet. The device, installed with artificial intelligence capabilities, analyzes the images using a patented microscopic technology. Within a few minutes, Battersby receives an answer on her app. The designer item is authentic.
Recreational marijuana has been legal in Nevada for one year
Exhale Nevada CEO Pete Findley talks about the one year anniversary of the legalization of recreational marijuana in Nevada. (K.M. Cannon/Las Vegas Review-Journal)
Young adults aren't saving for retirement
Financial advisors talk about saving trends among young adults. (Bailey Schulz/Las Vegas Review-Journal)
President Trump’s tariffs could raise costs for real estate developers, analysts say
President Donald Trump made his fortune in real estate, but by slapping tariffs on imports from close allies, developers in Las Vegas and other cities could get hit hard.
Las Vegas business and tariffs
Barry Yost, co-owner of Precision Tube Laser, LLC, places a metal pipe into the TruLaser Tube 5000 laser cutting machine on Wednesday, June 20, 2018, in Las Vegas. Bizuayehu Tesfaye/Las Vegas Review-Journal @bizutesfaye
Nevada Film Office Connects Businesses To Producers
The director of the Nevada Film Office discusses its revamped locations database and how it will affect local businesses. (Bailey Schulz/Las Vegas Review-Journal)
Opendoor isn't the typical house flipping company
Unlike most house flippers, the company aims to make money from transaction costs rather than from selling homes for more than their purchase price.
The Venetian gondoliers sing Italian songs
Gondolier Marciano sings a the classic Italian song "Volare" as he leads guests through the canals of The Venetian in Las Vegas. (K.M. Cannon/Las Vegas Review-Journal)
Building In Logandale
Texas homebuilder D.R. Horton bought 43 lots in rural Logandale. (Eli Segall/Las Vegas Review-Journal)
Indoor farming in Southern Nevada
Experts discuss Nevada's indoor farming industry. (Bailey Schulz/Las Vegas Review-Journal)
Former Fontainebleau could have become a Waldorf Astoria
Months after developer Steve Witkoff bought the Fontainebleau last summer, he unveiled plans to turn the mothballed hotel into a Marriott-managed resort called The Drew. But if Richard “Boz” Bosworth’s plans didn’t fall through, the north Las Vegas Strip tower could have become a Waldorf Astoria with several floors of timeshare units. (Eli Segall/Las Vegas Review-Journal)
LVCVA CEO Rossi Ralenkotter announces plans to retire
Rossi Ralenkotter, CEO of the LVCVA, on Tuesday confirmed a Las Vegas Review-Journal report that he is preparing to retire. Richard N. Velotta/ Las Vegas Review-Journal
Cousins Maine Lobster to open inside 2 Las Vegas Smith’s stores
Cousins Maine Lobster food truck company will open inside Las Vegas’ two newest Smith’s at Skye Canyon Park Drive and U.S. Highway 95, and at Warm Springs Road and Durango Drive. Cousins currently sells outside some Las Vegas Smith’s stores and at Fremont Street and Las Vegas Boulevard. (K.M. Cannon/Las Vegas Review-Journal)
Las Vegas home prices to continue to rise, expert says
Lawrence Yun, chief economist at the National Association of Realtors, gives homebuyers a pulse on the Las Vegas housing market. (Eli Segall/Las Vegas Review-Journal)
NV Energy announces clean energy investment
The company is planning to add six solar projects in Nevada, along with the state's first major battery energy storage capacity. Bailey Schulz/Las Vegas Review-Journal
3 Mario Batali restaurants on Las Vegas Strip to close
Days after new sexual misconduct allegations were made against celebrity chef Mario Batali, his company announced Friday that it will close its three Las Vegas restaurants July 27. Employees of Carnevino Italian Steakhouse, B&B Ristorante and Otto Enoteca e Pizzeria, all located in The Venetian and Palazzo resorts, were informed of the decision Friday morning. Bastianich is scheduled to visit the restaurants Friday to speak to employees about the next two months of operation as well as how the company plans to help them transition to new positions.
Nevada has its first cybersecurity apprenticeship program
The Learning Center education company in Las Vegas has launched the first apprenticeship program for cybersecurity in Nevada. It was approved by the State Apprenticeship Council on May 15. (K.M. Cannon/Las Vegas Review-Journal)
Las Vegas union members voting to authorize the right to strike
Thousands of Las Vegas union members voting Tuesday morning to authorize the right to strike. A “yes” vote would give the union negotiating committee the power to call a strike anytime after June 1 at the resorts that fail to reach an agreement. (Todd Prince/Las Vegas Review-Journal)
Small businesses struggle to find qualified candidates
A 2018 survey found that over two-thirds of small businesses in Nevada find it somewhat to very difficult to recruit qualified candidates. Bailey Schulz/Las Vegas Review-Journal
Nevada secretary of state website offers little protection against fraudulent business filings
Property developer Andy Pham tells how control of his business was easily seized by another person using the secretary of state website.
Caesars may be going solo in its marijuana policy
Several Southern Nevada casino companies aren’t following Caesars Entertainment’s lead on marijuana testing.
How much is the Lucky Dragon worth?
Less than a year-and-a-half after it opened, the Lucky Dragon was in bankruptcy.
Gyms and discount stores take over empty retail spaces
Grocery stores used to draw people to shopping centers. But many large retail spaces have been vacant since 2008. Discount stores like goodwill and gyms like EOS Fitness are filling those empty spaces, and helping to draw shoppers back in. K.M. Cannon/Las Vegas Review-Journal
Funding source of Las Vegas stadium for the Raiders is sound, expert says
The stadium is funded in part by $750 million of room taxes, the biggest such tax subsidy ever for a professional sports stadium. Robert Lang, executive director of Brookings Mountain West and The Lincy Institute at UNLV, says that is a good use of public funds. (Richard Velotta/Las Vegas Review-Journal)
Las Vegas needs light rail, expert says
Robert Lang, executive director of Brookings Mountain West and the Lincy Institute said he is afraid of a "congestion mobility crisis." Las Vegas needs a light rail system, he said, to accommodate the city's growing number of attractions. (Richard Velotta/Las Vegas Review-Journal)
Three takeaways from Wynn Resorts' Earnings Call
Matt Maddox came out swinging in his first earnings conference call as Wynn Resorts chief executive officer, boasting of record Las Vegas quarterly revenues and applicants lining up for work.
News Headlines
Add Event
Home Front Page Footer Listing
You May Like

You May Like