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.”