Key points:
- Prior to joining Bally’s, Mircheva most recently served as CFO of The Queen Casino & Entertainment
- Bally’s completed its merger agreement with Standard General and its affiliates, including The Queen Casino & Entertainment, on February 7
Bally’s Corporation has hired Mira Mircheva as the operator’s new EVP and CFO, subject to regulatory approvals, having most recently served as CFO of The Queen Casino & Entertainment which officially merged with Bally’s on February 7.
"I am thrilled to be joining Bally's at such an exciting time for the company and to leverage my experience with Queen to continue to strengthen our financial position by optimizing our cost structure, enhancing the efficiency of our operations and leveraging the collective experience of our Board and my newest colleagues across the globe,” Mircheva said.
The current CFO of Bally’s, Marcus Glover, has been appointed to serve as EVP of the company’s Global Operations Group.
The Queen Casino & Entertainment serves as an affiliate of Standard General, which saw its merger agreement approved by Bally’s stockholders on November 20. Along with holding the role of CFO for The Queen Casino & Entertainment, Mircheva worked as a Partner and Research Analyst for Standard General.
Good to know: Bally’s reported its financial results for Q4 and full year (FY) 2024 on March 5, increasing revenue year-over-year during FY2024 by 0.1% to $2.45bn, while Q4 2024 revenue decreased by 5.1% from the prior year period
"On behalf of the Board of Directors and the entire leadership team, I am thrilled to welcome Mira to Bally's. She brings considerable experience to this role and her experience as CFO of The Queen Casino & Entertainment will be invaluable as we integrate Queen into Bally's,” Bally’s CEO Robeson Reeves said.
Soo Kim, Chairman of Bally’s Board of Directors, also spoke on the new hire, having said, "Mira's experience as a CFO and strong financial acumen and operational experience make her the right person to help Bally's continue to grow and achieve our long-term financial goals."
