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- Bally’s named company president George Papanier interim CFO after Mira Mircheva resigned.
- The executive transition occurs as Bally’s pursues approvals for its $1.1 billion Las Vegas Tropicana site development.
Bally’s Corp. has named George Papanier interim chief financial officer effective Sept. 4 after Mira Mircheva resigned for personal reasons.
The leadership changes matter because they put one of Bally’s most experienced executives in charge of finance while the company continues searching for a permanent CFO and advances a major Las Vegas development tied to the former Tropicana site. Mircheva will remain with Bally’s through Sept. 30 to assist with the transition.
Papanier will continue serving as Bally’s president and as a member of its board while taking on the interim finance role. According to the company, he has more than 40 years of gaming industry experience, has led Bally’s land-based casino operations since 2021, and previously served as Bally’s president and CEO from 2011 to 2021. He also served as interim CFO in 2023.
Interim finance change comes during major Las Vegas project
The executive shift comes as Bally’s moves forward with plans for the 26-acre former Tropicana Las Vegas site.
The Athletics are building a $2 billion, 33,000-seat ballpark on the property, which is scheduled to open in 2028. Clark County commissioners recently approved land-use entitlements for parts of Bally’s surrounding development.
Approved elements include a mixed-use podium, parking, and a 2,500-seat theater. Current plans also call for a three-level, 953-space parking garage beneath a plaza with retail, dining, and entertainment uses, plus temporary surface parking.
More approvals still pending for later phases
Bally’s broader site plan is being developed in multiple phases, and a hotel-casino remains part of a later phase. Related permits for that portion of the project are scheduled to go before Clark County commissioners on Sept. 16.
The Review-Journal also reported that an unnamed group has expressed interest in potentially acquiring Bally’s planned $1.1 billion project. Clark County officials have said the development entitlements run with the land, meaning another developer could use them if Bally’s does not ultimately move forward.
For now, the immediate next step is Bally’s search for a permanent CFO, with Papanier again filling the role on an interim basis while the company manages both the executive transition and the next round of development approvals in Las Vegas.
Source: As reported by reviewjournal.com.
