Bally’s Corporation has appointed Mira Mircheva of The Queen Casino & Entertainment as executive vice president and chief financial officer
Mircheva’s appointment is subject to regulatory approval and will see her takeover as CFO of Bally’s from Marcus Glover, who will move to the role of EVP of global operations.
Mircheva is a senior executive in the hospitality and gaming industry with more than 25 years of experience in finance, most recently serving as CFO of The Queen Casino & Entertainment. She has also worked at Bally’s owner Standard General and is currently a Board member of White Energy and Intralot.
“On behalf of the Board of Directors and the entire leadership team, I am thrilled to welcome Mira to Bally’s,” said Bally’s CEO Robeson Reeves. “She brings considerable experience to this role and her experience as CFO of The Queen Casino & Entertainment will be invaluable as we integrate Queen into Bally’s.”
Bally’s chairman Soo Kim said: “Mira’s experience as a CFO and strong financial acumen and operational experience make her the right person to help Bally’s continue to grow and achieve our long-term financial goals.”
Mircheva commented: “I am thrilled to be joining Bally’s at such an exciting time for the company and to leverage my experience with Queen to continue to strengthen our financial position by optimizing our cost structure, enhancing the efficiency of our operations and leveraging the collective experience of our Board and my newest colleagues across the globe.”
Bally’s completed its merger and acquisition transactions with Standard General and The Queen Casino & Entertainment in February.
Bally’s now owns and operates 19 casinos across 11 US states, along with a golf course in New York and a horse racetrack in Colorado. The newly acquired Belle of Baton Rouge and Casino Queen Marquette are currently undergoing land-side conversions, both of which are expected to be completed this year.
Shares in Bally’s Corporation (NYSE: BALY) gained 8.32 per cent to close at $18.74 per share in New York Tuesday, but were trading 3.95 per cent lower at $18.00 in pre-market.