Koin appoints Ted Saxman as VP of Operations
Saxman to oversee operations as company continues digital payments growth strategy.
Key points:
– Koin names Ted Saxman VP of Operations, following senior roles at Boyd Gaming and LVCVA
– Saxman to lead daily operations and support process improvements across the business
– Appointment follows leadership expansion including Tiffany McGrath’s promotion to VP of Corporate Communications
Koin has appointed Ted Saxman as its new VP of Operations, expanding its leadership team during a period of sustained development in digital payments infrastructure. The company announced the appointment on 15 July.
Saxman brings more than 25 years of experience in strategic project management, IT operations, and cross-functional leadership. His previous roles include senior IT and financial leadership positions at Boyd Gaming and the Las Vegas Convention and Visitors Authority.
Bob Woodbury, Koin’s COO, said: “Ted’s proven track record and results-driven leadership style make him an outstanding addition to our executive team. As we accelerate our growth and expand our offerings, Ted’s experience in building operational frameworks and executing strategic initiatives will be instrumental in taking Koin to the next level.”
Good to know: Koin introduced its cashless payment solutions to Northern Nevada casinos in 2023 and received additional investment from Euronet Worldwide in 2024
Saxman will be responsible for daily operations, project delivery and internal process improvements across the business.
The appointment comes as Koin prepares for industry participation at the Global Gaming Expo in October, where it will lead discussions on the evolving digital payments landscape.
In September 2024, Tiffany McGrath was promoted VP of Corporate Communications, having joined Koin the year prior. She has since overseen brand development, strategic communications and partnership visibility in the digital payments sector.
In a statement last year, Koin President Gary Larkin said: “Tiffany is a dynamic, highly skilled marketing expert and she’s been instrumental in our company’s success from day one.”
The business has also benefited from new capital allocations. In December 2023, Koin confirmed an increased investment from corporate partner Euronet Worldwide to support expansion and new market access.
Koin is expected to continue expanding its footprint in the casino payments and fintech ecosystem, with Saxman now leading its operational scale-up.
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