By SectorWire desk ·
Bally’s has named George Papanier interim CFO following Mira Mircheva’s resignation. The leadership change comes amid delays to its Chicago casino project, a dispute with city officials and concerns about liquidity.
Bally’s finance leadership changes amid Chicago casino project delays, a dispute with city officials and liquidity concerns.
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Bally’s must seek financing alternatives and address Chicago’s demands for the full development as its chief financial officer prepares to leave.
The request concerns tax rates affecting betting shops and other businesses with category B machines.
The proposals could expose sweepstakes operators in both states to fines or felony penalties if enacted.
The financing supports Bally’s planning and pre-construction, while additional capital remains necessary for the proposed resort.
Emerald Queen Casino’s new marketing chief brings almost 20 years of gaming experience and previous marketing leadership at Bally’s Chicago.
Operators and investors can see Rhode Island’s rising table revenue failed to offset falling slot revenue in August.