ABOUT

• Strategic advisor to CEOs and CFOs on capital structure, new business initiatives, mergers and acquisitions, financial planning and analysis and investor relations

• International business executive responsible for assessing market feasibility and pursuing new opportunities in the US, Europe, Asia, and Australia

• Recognized thought leader and conference speaker in the land-based and digital gaming space

BIOGRAPHY

Adam Steinberg is Founder of AM Steinberg Advisors, a consultancy specializing in the hospitality and leisure industries on a global basis. He is on the Board of Advisors for Optima Sports Group, a big data analytics company consulting to sports teams on roster composition and free agent and draft strategy, as well as opportunities in sports betting and fantasy sports. Before forming AM Steinberg Advisors, Steinberg was Advisor to the CEO of NagaWorld Limited, one of the largest and most profitable integrated gaming resorts in southeast Asia. At NagaWorld, Steinberg lead all international development efforts including assessing market potential, identifying operating partners, and sourcing opportunities to develop land-based casinos in the ASEAN region. He also researched and presented findings to the CEO and Board of Directors on incremental distribution channels. Prior to joining NagaWorld, Steinberg was with Spectrum Gaming Group and Spectrum Gaming Capital. In over 20 years involved in the casino industry, Steinberg has been an equity analyst, high yield analyst, investment banker, and corporate development officer. As an investment professional, he worked at Bear Stearns, CIBC World Markets, Morgan Joseph & Co., and FBR Capital Markets. Notable client transactions include advising the consortium that won the RFP to develop the €555 million integrated casino resort in Cyprus, including creating the forecast model with three financial statements for the casino, as well as the financial advisor to the first-lien lenders of Tropicana Entertainment and to the senior secured noteholders of Black Gaming LLC. At Morgan Joseph, Steinberg was also the research analyst covering the gaming and leisure industries. 

Prior to Morgan Joseph, Steinberg was Director of Business Evaluation at GTECH Corp., where he was responsible for providing objective and consistent business case evaluation capabilities and advice that resulted in the creation of value both strategically and economically from new business opportunities worldwide. At GTECH, he managed the $185 million acquisition of Spielo, a slot machine manufacturer, including due diligence, financial modeling, and valuation.

Steinberg has over 20 years’ experience in financial services. He has analyzed and opined on over 70 M&A transactions with a value of over $100 billion. He is a widely quoted industry source, recognized for industry knowledge and stock-picking skills with multiple television appearances on CNBC and Bloomberg Television, and has been a featured speaker at industry conferences and tradeshows.

Steinberg is a Chartered Financial Analyst with an MBA in Finance from Cornell University and a BS in Accounting from Florida State University. Steinberg previously served on the Board of Directors of ADHD Aware, a 501c3 nonprofit organization.