Gamblit Gaming Announces Addition To Executive Team And Creation Of New Role

LOS ANGELES, May 5, 2015 /PRNewswire/ -- Gamblit Gaming, leading technology innovator for real-money gaming in mobile and casino games today announced industry vet Darion Lowenstein has joined as Chief Marketing Officer and current CMO David Chang is appointed Head of Industry Relations.  This comes as Gamblit Gaming transitions into an operational company with two distinct marketing initiatives: revenue generation and industry outreach.

Eric Meyerhofer, CEO of Gamblit Gaming, said "David has been instrumental in setting the stage for our upcoming launch. Darion's long history of hit games will help realize our vision.  I'm thrilled to welcome Darion to our team – giving David the opportunity to focus his energy on industry relations.  This dual effort will put Gamblit Gaming in a powerful leadership position to best capture the marketplace opportunity before us."

As CMO, Darion will oversee the strategy, partnerships, marketing, product management and monetization of casual games with real-money wagering for casinos and mobile devices.  He brings nearly 20 years of video game experience to this role, having produced and directed some of the biggest titles in the industry across console, mobile and social, at companies like Activision, Electronic Arts, Rockstar Games, and most recently as VP of Game Development at Scopely.  He's been an integral part of 10 #1 mobile games and 14 Top 5 console campaigns.

"I'm excited to join Gamblit Gaming at a time when mobile and casino games are on the verge of a revolution," said Darion.  "I haven't seen an opportunity like this to innovate in a space since mobile games started taking off, and I truly believe Gamblit is leading the charge!"

As the new Head of Industry Relations, David Chang will continue to focus on liaising with both the gaming and gambling sectors.  The role also demands David's continued attention in generating exposure and heightening awareness of the company's products to both industries. Before joining the company, he founded Gamiker, Inc., OnNet Europe GmbH, and was IGN's Managing Director of International Business.

"My move from CMO to Industry Relations aligns with Gamblit's trajectory, progressing from formation and initial planning stages to an operational entity," said David.  "I'm eager to work closely with Darion as he sets and executes marketing strategy for the company." 

About Gamblit Gaming:
Gamblit Gaming is a leading technology provider of real money gaming in video games, enabling a wide range of game genres to accommodate gambling experiences in online and on-site deployments worldwide. Gamblit's platform provides all essential regulated technology, customer operations, and licenses; freeing up game developers, publishers, and casino operators to focus on making the best possible game experience for their players. Founded with the goal of bridging the gap between games and gaming, Gamblit's executive team has deep roots in both industries. Gamblit Gaming is a portfolio company of American Capital, Ltd. (Nasdaq: ACAS) and is headquartered in Glendale, California.

For more information on Gamblit Gaming and their partners, please visit: www.gamblitgaming.com.

About American Capital:
American Capital, Ltd. (Nasdaq: ACAS) is a publicly traded private equity firm and global asset manager. American Capital, both directly and through its asset management business, originates, underwrites and manages investments in middle market private equity, leveraged finance, real estate, energy & infrastructure and structured products. American Capital manages $19 billion of assets, including assets on its balance sheet and fee earning assets under management by affiliated managers, with $83 billion of total assets under management (including levered assets). For further information, please refer to www.AmericanCapital.com.

Media Contacts:
Karina St. Jean / Wendy Zaas
Rogers & Cowan for Gamblit Gaming
310.854.8112 / 310.854.8148
[email protected]
[email protected]

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SOURCE Gamblit Gaming