PROVIDENCE, R.I., Feb. 13,
2023 /PRNewswire/ -- Bally's Corporation (NYSE:
BALY) today announced that Lee
Fenton, CEO, will step down and Robeson Reeves, President -
Interactive, will take over as CEO, effective March 31, 2023.
Fenton became CEO of Bally's on October
1, 2021 following the acquisition of Gamesys Group PLC where
he had been CEO since 2015. Fenton will also step down from the
Bally's Board of Directors.
Soo Kim, Chairman of Bally's
Corporation's Board of Directors, said, "On behalf of the Board of
Directors, I want to thank Lee for his excellent leadership and
valuable contributions to Bally's. Lee has led Bally's through the
effective integration of Gamesys, leaving us well positioned for
future growth. During his time, he also established the purpose and
values of what is now an integrated Bally's group. We look forward
to building on what Lee has helped develop, and we wish him all the
best in his next chapter."
Kim continued, "I am excited to have Robeson succeed Lee as CEO.
Robeson has an extraordinary mind and the drive required to excel
as he takes the helm. Robeson has been a member of the Board since
the Gamesys acquisition and his appointment represents the Board's
commitment to the development of the very best talent at
Bally's."
Lee Fenton, Bally's outgoing
Chief Executive Officer, said, "I want to thank Soo and the rest of
the Board for my time at Bally's and for the work through the
transition to Robeson's leadership. Bally's is an extraordinary
business with extraordinary people, and I want to thank each and
every one of them for the support they have shown me and the
commitment they continue to bring to the business. It is
particularly special for me to be able to hand the reigns to
Robeson with whom I have worked for over 14 years. Robeson is a
unique talent and the time is right for him to lead Bally's."
Robeson Reeves, Bally's incoming Chief Executive Officer, said,
"I am honored to lead Bally's and grateful for the support and
confidence shown in me by my fellow Board members. We are a unique
company with a robust core and an extraordinary set of
opportunities ahead of us. I look forward to working hard with my
Executive Team and all our teams to take those opportunities
and maximize our growth."
Reeves joined Gamesys in September
2005 and held several leadership positions since that time.
Prior to his current role with Bally Interactive, Reeves served as
Chief Operating Officer of Gamesys since July 2015, and before that as Gamesys' Director
of Gaming Operations.
About Bally's Corporation
Bally's Corporation is a global casino-entertainment company
with a growing omni-channel presence of Online Sports Betting and
iGaming offerings. It currently owns and manages 15 casinos across
10 states, a horse racetrack in Colorado and has access to OSB licenses in 18
states. It also owns Bally's Interactive International, formerly
Gamesys Group, a leading, global, online gaming operator, Bally
Bet, a first-in-class sports betting platform and Bally Casino, a growing iGaming platform.
With 10,500 employees, the Company's casino operations include
approximately 15,000 slot machines, 600 table games and 5,300 hotel
rooms. Upon completing the construction of a temporary casino
facility in Chicago, IL and a
land-based casino near the Nittany Mall in State College, PA, Bally's will own and/or
manage 17 casinos across 11 states. Its shares trade on the New
York Stock Exchange under the ticker symbol "BALY".
Investor Contact
Robert
Lavan
Chief Financial Officer
401-475-8564
InvestorRelations@ballys.com
Media Contact
Richard
Goldman
Kekst CNC
646-847-6102
BallysMediaInquiries@kekstcnc.com
BALY-INV
View original content to download
multimedia:https://www.prnewswire.com/news-releases/ballys-appoints-robeson-reeves-as-ceo-301744815.html
SOURCE Bally's Corporation