Chibib follows David Sambur, who recently resigned from the Board after five years as Chairman and three years as a board member beginning in 2013. Sambur has been a member of the Board since 2013.
David Lopez, AGS President, CEO and Board member said: "On behalf of my fellow Board members, I would like to thank David Sambur for his guidance and insights as Chairman of the Board, and for his nine years of leadership at AGS."
Lopez added: "We are excited to welcome Adam as our new Board Chairman. He is an incredibly well-respected leader within the gaming industry, and his depth of experience has been invaluable to AGS throughout his years of service.
“Adam's guidance and leadership from day one of the Company's initial public offering has played a critical role in shaping who we are as a Company today. I look forward to continuing working with him in his new role."
On his appointment, Chibib said: "I am extremely honoured to serve as AGS' Chairman of the Board. Over the past five years, I have gained a great deal of respect for my fellow Board members and the Company's executive leadership team.
“I look forward to leveraging my previous experience in gaming and other industries to help guide AGS to the next level."
Recently, PlayAGS extended its partnership with Caesars’ iGaming arm, Caesars Sportsbook and Casino.
According to the agreement, PlayAGS will supply the iGaming platform with a variety of online game content to expand the operator's online gaming operations.