Former global vice president of diversity and inclusion (D&I) for IGT Kim Barker Lee has joined Bally’s Corporation as its executive vice president and chief legal officer.
In her new role, Lee will oversee Bally’s legal and public affairs teams while supporting the company’s global strategic initiatives.
Lee brings more than 25 years of legal and business expertise to Bally’s, including knowledge of lottery, gaming and governmental law, as well as experience with public private partnerships, public finance transactions, corporate governance and regulatory matters, the firm added.
Prior to her most recent role with IGT, Lee served as general counsel and vice president of legal and regulatory affairs for Northstar Lottery Group, a majority-owned affiliate of IGT.
Prior to that, she was general counsel to the Illinois Student Assistance Commission and partner in the public law practice of two prominent Chicago-based law firms, Altheimer & Gray and Pugh, Jones & Johnson PC.
Lee retains strong relationships with business, legislative and governmental leaders at the national, state and local levels, including in Rhode Island and Illinois, Bally’s said.
“I’m pleased to be joining Bally’s during such an exciting time,” commented Lee.
Bally’s CLO Kim Barker Lee: “I’ve spent much of my career deploying leadership and operational strategies in the lottery and gaming space, so I understand how the industry works and the challenges that must be overcome.”
“The opportunities for growth are significant as the company advances its transformation into a global omni-channel gaming leader. I’ve spent much of my career deploying leadership and operational strategies in the lottery and gaming space, so I understand how the industry works and the challenges that must be overcome.
“I look forward to this next chapter and to playing a part in Bally’s continued success.”
Bally’s CEO Lee Fenton added: “We are excited to welcome Kim to Bally’s and are confident that she will make an excellent addition to our global leadership team.
“The depth and breadth of Kim’s legal expertise, especially in gaming and lottery, will be instrumental as the company continues to expand and evolve during this period of significant growth.
“Additionally, her strong network and understanding of our key markets, including Rhode Island and Illinois, is particularly valuable as we explore new opportunities in the jurisdictions in which we conduct business.”
When announcing its Q3 2022 financial results in November, Bally’s said it was in the process of identifying non-core business assets across its North America Interactive division to help clear the bumpy road to profitability.
“We are evaluating our money losing businesses in North America Interactive and refocusing efforts where we have faster paths to profitability,” CEO Fenton said at the time.
While details of any upcoming plans for rationalisation were scant, Fenton added: “We pulled a fairly large number of assets together in a pretty short space of time and we have now had 12 months of looking at how that picture fits together.
“The assets that are not showing us a near-term path to profitability will be called under the microscope as they should be.”
NitroCasino operator PressEnter Group has hired Terese Thagaard, former group head of regulatory strategy and implementation at LeoVegas, as its new chief legal officer.
Thagaard joined LeoVegas in September 2021 as senior legal and compliance counsel, before being promoted to head of legal and compliance for Sweden and group head of regulatory strategy and implementation.
Prior to LeoVegas, she spent three and a half years as Kindred Group’s legal counsel for the Nordics, after spending nine years as a solicitor with the Davis & Co law firm.
PressEnter said Thagaard is a highly accomplished lawyer, who in her new role as CLO will focus on extending and further developing the operator’s legal team, in order to drive and support the continued growth of the group.
Commenting on her appointment, she said: “I am very excited to be joining PressEnter at such an exciting stage of its development and I am looking forward to building a team to help the business navigate the ever changing legal and regulatory landscape in the worldwide iGaming industry.”
PressEnter Group CEO Lahcene Merzoug added: “We have established a reputation as being an employer of choice and Terese will play an integral role in this next phase of our growth.
Terese Thagaard: “I am very excited to be joining PressEnter at such an exciting stage of its development and I am looking forward to building a team to help the business navigate the ever changing legal and regulatory landscape in the worldwide iGaming industry.”
“Her vast knowledge and expertise will help us to recruit, develop and train the next legal stars within our quick paced industry and make sure PressEnter has the best legal representation in-house whilst also creating opportunities for young lawyers as they join our team.
“We are privileged to have Terese join us on this journey and on behalf of the PressEnter Group I would like to officially welcome her to the team.”
PressEnter has made a series of high-profile hires this year to create an all-star team. In January, the business hired former Betsson MD for Spain David Plumi to spearhead its strategy in both Spain and Latam.
Later that month, the firm hired finance specialist and gaming industry executive Qurban Hussain as its new chief financial officer (CFO). Prior to joining PressEnter, Hussain was director of commercial finance and insight at German sports betting giant Tipico.
In June, Kindred veteran Nicolas Renaux was appointed to the role of head of strategy and business development, before another Betsson alum, former head of compliance Daniela Speranza, joined the operator as director of compliance in July.