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- Bally’s CFO Mira Mircheva is stepping down amid the casino operator’s significant liquidity and debt struggles.
- Polymarket hired former Amazon executive Warren Jenson as its first CFO to manage its growing valuation.
Bally’s Corporation said CFO Mira Mircheva will leave the company effective Sept. 30, a leadership change that comes as the casino operator continues to navigate previously disclosed liquidity and debt concerns.
The executive shuffle stood out in a broader round of gambling-industry personnel moves reported by SBC Americas because Bally’s has already warned that there is substantial doubt about its liquidity position and debt resolution. The company said George Papanier was appointed interim CFO on Sept. 4 while a search for a permanent replacement is underway.
Bally’s CEO Robeson Reeves said, “On behalf of the entire Board and executive management team, I want to thank Mira for her dedication to Bally’s and we wish her great success going forward.” He also said Papanier has been “instrumental in developing our business model, asset portfolio, and growth strategy.”
In an Aug. 14 filing cited by SBC Americas, Bally’s said management’s plans “do not alleviate substantial doubt about the Company’s ability to continue as a going concern.” The company has said it is exploring financing alternatives, including selling assets or equity or restructuring debt.
According to the source report, Bally’s operates 20 casinos across 11 U.S. states, while Bally Bet is licensed in 15 North American jurisdictions.
Polymarket names its first CFO
Prediction market operator Polymarket hired Warren Jenson as its first chief financial officer. Jenson previously served as CFO and president at Nielsen and also held CFO roles at Amazon and Electronic Arts.
CEO Shayne Coplan said, “Warren has led finance at some of the most consequential companies in the world, and his experience will be critical to everything we build from here.” SBC Americas said the hire comes as Polymarket reportedly seeks to build on a new funding round valuing the company at $21 billion.
Allwyn, Metropolitan Park and Light & Wonder add to industry reshuffle
Lottery and gaming operator Allwyn appointed Francesco Rodano as group head of responsible gaming. SBC Americas said Rodano spent 10 years at Playtech, where his work included player protection and AI-driven behavioral analytics. Rodano said he looked forward to building on Allwyn’s responsible gaming platform across its markets.
The report also said Stuart Banks, managing director of global partnerships at Light & Wonder, is leaving the company after nearly a decade tied to Playzido.
In New York, former state senator Michael Gianaris joined the Metropolitan Park casino project as senior vice president of external relations. Metropolitan Park is the $8 billion proposal led by Steve Cohen and Hard Rock International. The source report said the New York State Gaming Commission awarded one of three New York City casino resort licenses to the Metropolitan Park group in December, and project leaders hope construction will be completed by 2030.
Source: As reported by sbcamericas.com.
