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Bobby Lavan appointed as Bally's Chief Financial Officer

14 March 2022

(PRESS RELEASE) -- Bally's Corporation, a global gaming, hospitality and entertainment company with a portfolio of casinos and resorts and online gaming businesses, today announced that Bobby Lavan has been appointed as Bally's Chief Financial Officer. Steve Capp, Bally's current Chief Financial Officer, is leaving Bally's to pursue other interests and opportunities, and will continue to support the business through the end of April.

Mr. Lavan has been Senior Vice President, Finance & Investor Relations of Bally's since May 2021. In this role, he led the acquisition, financing and integration of Gamesys, as well as the internal and external reporting processes. Prior to joining Bally's, Mr. Lavan was Chief Financial Officer of NYSE listed Turning Point Brands where he executed multiple international acquisitions, complex systems integration and streamlining reporting analytics. Prior to Turning Point Brands, he was Chief Financial Officer of General Wireless Operations and held various analyst and portfolio manager roles on Wall Street. Mr. Lavan has a B.S. in Engineering from the University of Pennsylvania.

Bally's Chief Executive Officer, Lee Fenton, said "Bobby's track record leading successful M&A and integration initiatives will be invaluable in helping us grow the business and accomplish our long-term financial goals. I am excited to work with Bobby on the Gamesys integration, streamlining our financial reporting, and executing our broader financial strategy to create further shareholder value."

Mr. Lavan commented on his appointment, "I look forward to working with Lee and the team to continue our transformation into a global omni-channel gaming leader."

Mr. Lavan's appointment as Bally's Chief Financial Officer is subject to receipt of customary regulatory approvals.

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