Bally’s Corporation recruits US casino veteran as new CFO
Glover – who is due to arrive from Quality Packaging Specialists International – boasts more than two decades of experience in both hospitality and gaming.
He climbed the ranks at Caesars Entertainment for 11 years between 2004 and 2015, culminating in the position of senior vice president and general manager for Northeast Ohio.
He then spent nearly five years at MGM Resorts International, initially as president and COO of the Beau Rivage Resort and Casino before switching to the Borgata Hotel Casino and Spa.
Bally’s CEO Robeson Reeves paid tribute to outgoing CFO Lavan and thanked him for taking the lead on the transformative acquisition and integration of Gamesys.
Soo Kim, chairman of Bally’s board of directors, said: “Marcus is a highly accomplished leader with a proven track record of driving transformational business strategies and demonstrated expertise in leading large, integrated resorts and casino gaming operations.“I am confident that his experience and strong financial acumen make him the right leader to help Bally’s grow and achieve its long-term financial goals.”
Bally’s has added further depth to the senior finance team with the appointment of H.C Charles Diao as corporate treasurer and SVP of finance.
Elsewhere, Jaymin Patel has become vice chairman of the board after serving as a board member at Bally’s since January 2021.
Patel will chair the newly created operational integration committee, to oversee the operator’s global process for streamlining operations and reducing costs, as well as the creation of a global corporate centre.
Mr. Patel has over 25 years of global experience in the gaming business having served in several public company executive and governance roles.
“These appointments add substantial financial depth and global gaming management experience to our team as we execute on the exciting growth opportunities,” added Bally’s chairman Kim.
The operator is due to report its Q1 2023 financial results later today.