Lavan is a relatively recent Bally’s team member, having joined in May 2021 as Senior Vice President of Finance and Investor Relations.
But during his brief tenure at Bally’s thus far, Lavan has led the acquisition, financing and integration of Gamesys, as well as the internal and external reporting processes.
And while this will be Lavan’s first time taking on the role of CFO at Bally’s, he has held the position at other companies before.
Prior to joining Bally’s, he served as the CFO of Turning Point Brands, a New York Stock Exchange-listed company that manufactures, markets and distributes branded consumer products.
Lavan’s career also includes a period as the CFO of General Wireless Operations, as well as various analyst and portfolio manager roles on Wall Street.
“Bobby’s track record leading successful M&A and integration initiatives will be invaluable in helping us grow the business and accomplishing our long-term financial goals,” said Bally’s CEO Lee Fenton.
“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’s appointment is subject to Bally’s receiving the customary regulatory approvals. Meanwhile, Capp is leaving to “pursue other interests and opportunities,” though he will continue to support the business through the end of April.
Regarding his appointment, Lavan commented: “I look forward to working with Lee and the team to continue our transformation into a global omni-channel gaming leader.”
