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VIP Play, Inc. Announces Departure of Chief Financial Officer

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VIP Play Inc. (OTCQB: VIPZ), a technology-driven interactive consumer engagement company, announced that Chief Financial Officer Jim Mackey will step down effective August 8, 2025. The company has initiated the process of identifying a successor, with Mackey assisting in the transition over the coming weeks.

CEO Les Ottolenghi acknowledged Mackey's contributions during a transformative period for the business. The company reaffirmed its previously provided financial guidance and emphasized its continued focus on strategic priorities, including financial visibility, operating efficiency, and stakeholder value delivery.

VIP Play Inc. (OTCQB: VIPZ), un'azienda tecnologica specializzata nell'engagement interattivo dei consumatori, ha annunciato che il Chief Financial Officer Jim Mackey si dimetterà con effetto dall'8 agosto 2025. L'azienda ha avviato il processo per individuare un successore, con Mackey che supporterà la transizione nelle prossime settimane.

Il CEO Les Ottolenghi ha riconosciuto il contributo di Mackey durante un periodo di trasformazione per l'azienda. La società ha confermato le previsioni finanziarie già comunicate e ha sottolineato il suo continuo impegno sulle priorità strategiche, tra cui la visibilità finanziaria, l'efficienza operativa e la creazione di valore per gli stakeholder.

VIP Play Inc. (OTCQB: VIPZ), una empresa tecnológica enfocada en la interacción con consumidores, anunció que el Director Financiero Jim Mackey renunciará a partir del 8 de agosto de 2025. La compañía ha comenzado el proceso para encontrar un sucesor, con Mackey colaborando en la transición durante las próximas semanas.

El CEO Les Ottolenghi reconoció las contribuciones de Mackey durante un periodo de transformación para la empresa. La compañía reafirmó sus previsiones financieras previas y destacó su enfoque continuo en las prioridades estratégicas, incluyendo visibilidad financiera, eficiencia operativa y generación de valor para los interesados.

VIP Play Inc. (OTCQB: VIPZ)는 기술 중심의 인터랙티브 소비자 참여 기업으로, 최고재무책임자(Jim Mackey)가 2025년 8월 8일부로 사임할 것이라고 발표했습니다. 회사는 후임자 선정을 시작했으며, Mackey는 향후 몇 주간 원활한 인수인계를 지원할 예정입니다.

CEO Les Ottolenghi는 회사의 변화기 동안 Mackey의 기여를 인정했습니다. 회사는 이전에 제공한 재무 전망을 재확인하며, 재무 가시성, 운영 효율성, 이해관계자 가치 제공 등 전략적 우선순위에 계속 집중할 것임을 강조했습니다.

VIP Play Inc. (OTCQB : VIPZ), une entreprise technologique spécialisée dans l'engagement interactif des consommateurs, a annoncé que le directeur financier Jim Mackey démissionnera à compter du 8 août 2025. La société a lancé le processus de recherche d'un successeur, Mackey aidant à la transition dans les semaines à venir.

Le PDG Les Ottolenghi a salué les contributions de Mackey durant une période de transformation pour l'entreprise. La société a réaffirmé ses prévisions financières précédemment communiquées et a souligné son engagement continu envers les priorités stratégiques, notamment la visibilité financière, l'efficacité opérationnelle et la création de valeur pour les parties prenantes.

VIP Play Inc. (OTCQB: VIPZ), ein technologiegetriebenes Unternehmen für interaktive Kundenbindung, gab bekannt, dass Finanzvorstand Jim Mackey zum 8. August 2025 zurücktritt. Das Unternehmen hat den Prozess zur Nachfolgersuche eingeleitet, wobei Mackey in den kommenden Wochen bei der Übergabe unterstützen wird.

CEO Les Ottolenghi würdigte Mackeys Beiträge während einer prägenden Phase des Unternehmens. Das Unternehmen bestätigte seine zuvor gegebenen Finanzprognosen und betonte weiterhin den Fokus auf strategische Prioritäten, darunter finanzielle Transparenz, operative Effizienz und Wertschöpfung für die Stakeholder.

Positive
  • Company maintains previously provided financial guidance despite CFO departure
  • Orderly transition process in place with departing CFO's assistance
  • Strategic focus remains on financial visibility and operating efficiency
Negative
  • Departure of key executive (CFO) creates temporary leadership gap
  • Timing of successor appointment remains uncertain
  • Management change during transformative period could impact execution

LAS VEGAS, July 23, 2025 /PRNewswire/ -- VIP Play Inc. (OTCQB: VIPZ) – VIP Play, Inc., a technology-driven leader in interactive consumer engagement, today announced that Jim Mackey, the Company's Chief Financial Officer, will step down from his role, effective August 8, 2025.

The Company has initiated a transition process and is in the process of identifying a successor. Mackey will assist in an orderly transition over the coming weeks.

"We thank Jim for his contributions to the Company, particularly during a transformative period for our business," said Les Ottolenghi, CEO of VIP Play Inc. "We remain focused on executing our strategic priorities, including financial visibility, operating efficiency, and delivering value to our stakeholders."

The Company reaffirms its financial guidance previously provided and will provide updates as appropriate.

About VIP Play, Inc.

VIP Play, Inc. (OTCQB: VIPZ) is pioneering the future of mobile sports wagering. Operating its proprietary technology platform in Tennessee and holding an interim iGaming and mobile sports‑betting license in West Virginia, the company delivers a modern sportsbook with unique wager offerings, sweepstakes contests, and social features. VIP Play's cloud‑native architecture and AI‑driven product roadmap enable secure, data‑centric experiences that delight players and uphold the highest standards of regulatory compliance and responsible gaming. Visit https://vipplayapp.com to learn more.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/vip-play-inc-announces-departure-of-chief-financial-officer-302511681.html

SOURCE VIP Play, Inc.

FAQ

When is VIP Play (VIPZ) CFO Jim Mackey leaving the company?

Jim Mackey will step down as CFO of VIP Play effective August 8, 2025.

Who will replace Jim Mackey as CFO of VIP Play (VIPZ)?

VIP Play has initiated a process to identify a successor, but no replacement has been announced yet.

Will the CFO departure affect VIP Play's (VIPZ) financial guidance?

No, the company has reaffirmed its previously provided financial guidance despite the CFO transition.

What are VIP Play's (VIPZ) strategic priorities during this transition?

VIP Play is focusing on financial visibility, operating efficiency, and delivering value to stakeholders.

How will VIP Play (VIPZ) manage the CFO transition period?

Jim Mackey will assist in an orderly transition over the coming weeks while the company searches for a successor.
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