Bally's Corporation has named Bobby Lavan as its Chief Financial Officer, pending regulatory approvals. He will replace Steve Capp, who has stepped down to pursue other opportunities. Capp will be leaving the company at the end of April.
Lavan graduated from the University of Pennsylvania and earned a Bachelor’s in Engineering. He has been serving as Bally’s Senior Vice President, Finance & Investor Relations since May of last year.
Prior to joining Bally’s, Lavan held two other CFO positions, one for Turning Point Brands and the other for General Wireless Operations.
Bally's CEO Lee Fenton said Lavan’s previous experience is an asset to the company and looks forward to working with him.
He said: “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. 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."
Lavan said he is ready to step into his new role and hopes to continue the company’s forward momentum.
"I look forward to working with Lee and the team to continue our transformation into a global omni-channel gaming leader,” he said.
Bally's is a global casino and entertainment company that owns and manages 14 casinos in 10 US states. Its casino operations have a total of 5,300 hotel rooms, 500 tables games and more than 15,800 slot machines.
The company also owns a horseracing track in Colorado and has access to OSB licenses in 16 states.
