Last week, Bally’s Corp. announced the appointment of Bobby Lavan as chief financial officer, pending regulatory approvals. Lavan replaces Steve Capp, who is leaving the Rhode Island-based gaming company to pursue other interests.
Lavan has been the company’s senior vice president of finance and investor relations since May 2021, and played a leading role in Bally’s acquisition, financing and integration of online software developer Gamesys.
Before that, he was chief financial officer of Turning Point Brands and chief financial officer of General Wireless Operations. Lavan also has worked as an analyst and portfolio manager for Wall Street firms.
“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,” said Bally’s CEO Lee Fenton in a statement. “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.”
“I look forward to working with Lee and the team to continue our transformation into a global omni-channel gaming leader,” said Lavan in a statement.
