US – Bally’s Corp. confirms Marc Crisafulli’s retirementBy Phil - 20 September 2022
Bally’s Corporation has announced that Marc Crisafulli, EVP of Government Relations, Legal and Regulatory, will retire from the company, effective 16 September.
Mr. Crisafulli joined the company in May 2019 as EVP of Government Relations and then later served as EVP of Twin River Worldwide Holdings and President of Bally’s Twin River Lincoln and Bally’s Tiverton Casinos, prior to the company’s rebrand to Bally’s Corporation in 2020. During his time with the company, and especially in his most recent role as Executive Vice President of Government Relations, Legal and Regulatory, Mr. Crisafulli helped advance Bally’s strategy by overseeing critical legislation and spearheading important partnerships in Rhode Island.
Lee Fenton, Bally’s Chief Executive Officer, said: “I want to thank Marc for his commitment and many contributions to Bally’s over the last few years. I especially want to acknowledge Marc’s work with the State of Rhode Island, including his efforts in advancing important state legislation and for his role in moving our corporate headquarters to Providence. On behalf of our Board and management team, we want to thank Marc for his guidance and for his role in positioning us for our next phase of growth. We wish him the best in his retirement.”
Most notably, under Mr. Crisafulli leadership, Bally’s worked with International Game Technology (IGT) and the State of Rhode Island to form a three-way agreement, later resulting in passage of legislation 2021-H 5223A and 2021-S 0040A, aimed at preserving and enhancing Rhode Island’s gaming revenue. Known as the Marc A. Crisafulli Economic Development Act, this legislation established a 20-year joint venture between Bally’s and IGT that will create a licensed video lottery terminal provider to supply all gaming machines to the Rhode Island Division of Lotteries for Bally’s Twin River Casino Hotel and Tiverton Casino Hotel and the State. The legislation also provides for a $250m economic development investment plan.
Soo Kim, Chairman of Bally’s Corporation’s Board of Directors, said: “Marc led a robust expansion of Bally’s in recent years. During his time, he developed important relationships and respect among regulators, partners, and colleagues. We look forward to building on what Marc has helped establish, and we wish him all the best in this next chapter.”
Marc Crisafulli, outgoing EVP of Government Relations, Legal and Regulatory, said: “I could not be prouder of what our team has accomplished in just a few years, and I am especially grateful for the relationships formed and efforts executed in the State of Rhode Island. It has been a privilege to see the company grow and evolve, and I want to thank Lee and Soo, and the entire team for their support, leadership and friendship. I wish the company continued success.”