Eilers & Krejcik Gaming, LLC is a boutique research and consulting firm focused on servicing the gaming equipment, interactive gaming, and sports betting sectors within the global gaming industry.  Our products and services primarily include market research, company research, and consulting and advisory services designed specifically for land based & online casino operators, equipment & technology suppliers, social gaming operators & suppliers, gaming regulators, and institutional investors.

Todd Eilers,  Principal Head of Gaming Equipment Vertical

todd-eilers-eilers-research_NEWEilers & Krejcik Gaming, LLC, was created in December 2012 by Todd Eilers, who is the firm’s majority owner.   Mr. Eilers has over 15 years of market and equity research experience primarily covering equipment and technology providers within the casino gaming industry.  In 2011, he was ranked the #1 stock picker for the Hotel & Leisure sector according to the 2012 Financial Times / StarMine Awards.  Mr. Eilers also created and developed the gaming industry’s largest slot survey in partnership with Fantini Research, which serves as highly valuable and actionable tool for both gaming investors and industry professionals.  Prior to starting Eilers & Krejcik Gaming, LLC, Mr. Eilers was a Senior Research Analyst at ROTH Capital Partners, a boutique investment bank headquarted in Newport Beach, CA.   Mr. Eilers also graduated from the United States Air Force Academy (USAFA) with a B.S. in Management and earned his M.B.A. from Loyola Marymount University in Los Angeles, CA.

Adam Krejcik,  Principal,  Head of Digital & Interactive Vertical


Adam Krejcik is a principal at Eilers & Krejcik Gaming, LLC where follows the digital & interactive gaming industry. Mr. Krejcik has over a decade of market and equity research experience primarily covering the global interactive entertainment industry. He’s appeared on CNBC, CCTV, BNN, and is a frequent guest speaker at industry conferences. In 2015 Mr. Krejcik was recognized as one of the top “40 under 40” by Global Gaming Business Magazine and in 2016 he was featured as one of the “25 People to Watch” by GGB. Mr. Krejcik started his career at Banc of America Securities where he helped cover the video game industry and was most recently a Sr. Research Analyst at ROTH Capital Partners, where he was a recipient of the Financial Times / StarMine earnings accuracy award for three consecutive years. Mr. Krejcik also serves as a trustee of the International Association of Gaming Advisors (IAGA).

Chris Grove,  Managing Director, Sports & Emerging Verticals

chris-grove-eilers_NEWChris Grove has nearly two decades of  experience in the iGaming industry and is the founder of two trade publications, OnlinePokerReport.com (regulated U.S. iGaming) and LegalSportsReport.com (legal online sports wagering). His research and analysis is regularly cited by mainstream media, financial institutions and policymakers.


DJ Leary,  Director of Business Development

dj-profile-picMr. Leary has over 13 years in the investment industry, focusing on institutional sales & trading as well as raising capital.  Prior to joining Eilers & Krejcik Gaming, DJ was Senior Vice President of Institutional Sales at New Albion Partners, a boutique broker/dealer focused on macro strategy research and derivative strategy & execution.  Before New Albion, DJ was Managing Partner of Brookline Group, a boutique broker/dealer focused on institutional sales & trade execution.  He began his Institutional Sales & Trading career at Roth Capital in Newport Beach and was with Roth until 2012.   Mr. Leary graduated from the United States Air Force Academy with a B.S. in Human Factors Engineering and earned an M.B.A. from Loyola Marymount University in 2003.  Mr. Leary is also a CFA Charterholder.

Chris Krafcik,  Managing Director, Political & Regulatory Markets

Chris Krafcik is Managing Director, Political and Regulatory Markets, at Eilers & Krejcik Gaming. Prior to joining the firm, Krafcik was Research Director, North America, at GamblingCompliance, a London-headquartered information firm serving clients in and associated with the global gambling industry. Krafcik has twelve years’ experience covering the U.S. gambling sector, focusing on the interplay between politics and economics in the country’s ongoing debate over Internet gambling legalization. Krafcik has featured in, or his research has been cited by, the Associated Press, ESPN, the Financial Times, the Los Angeles Times, the New York Times, Politico, Reuters, the Washington Post and other media outlets. Krafcik has also spoken at gambling conferences, institutional investor briefings and governmental hearings around the world, most recently at the Global Gaming Expo in Las Vegas.

Phil Bernard,  Vice President, Gaming Equipment

Phil Bernard joined Eilers Research, LLC in April 2014 as an Associate. Mr. Bernard has a diverse background including phil-bernard-eilers_NEWover 5 years of management experience within the entertainment and real estate industries. Prior to joining Eilers Research, Mr. Bernard held various management positions within The Walt Disney Company. Prior to joining Disney, Mr. Bernard was a budget analyst for California Real Estate Receiverships. During his undergraduate studies Mr. Bernard was a Budget Analyst for California Real Estate Receiverships.  Mr. Bernard also earned his MBA from UC Irvine and graduated with honors in the top 10% of his class.

Alun Bowden,  Senior Consultant, European Markets

alun-profile-picAlun Bowden is one of the most experienced analysts in the online gambling sector, having covered the sector as a journalist and researcher since 2002. He was editor of industry bible eGaming Review from 2002-2005 and established it as the primary source of business information for the sector before leaving to head up gambling content for Dennis Publishing. After Dennis, he left to run his own gambling-focused content consultancy business before returning to eGaming Review as group head of content in 2013 where he helped launch a number of new business areas including eGR Research. He left eGR in mid-2015 to set up as an independent consultant focused on iGaming research and analysis.

Rick Eckert,  Director of Analytics

Has an extensive background in the gaming industry having held management-level positions at tribal and commercial casinos in Michigan and across the Las Vegas Strip. Prior to joining EKG, Mr. Eckert worked at Wynn Resorts as Manager of Slot Administration, Analytics, and Operations, where he was recognized as “Manager of the Year” in 2016. Mr. Eckert previously worked for MGM Resorts International as a Slot Analyst at Luxor, Excalibur, and then Bellagio upon completing the company’s leadership development program, MAP. Mr. Eckert earned his undergraduate degree from Michigan State University while simultaneously completing a career development program at FireKeepers Casino and leading the student-run charity casino, “Vegas Night”.

Matt Kaufman,  Consultant

Matt Kaufman left Wall Street in 2011 to play poker professionally. Since, he’s utilized his business background and professional gambling experience to take on roles at companies including PokerStrategy.com and Z4 Poker. Today, Matt is a partner at Media Techs, an online casino affiliate firm. He also owns MK14, a consultancy focused on product design and marketing of casino games.