VIP Play Inc. Appoints Digital-Transformation Veteran Les M. Ottolenghi as Chief Executive Officer

VIP Play Inc. (OTC: VIPZ) has appointed Les M. Ottolenghi as its new Chief Executive Officer, effective immediately.

Rhea-AI Summary

VIP Play Inc. (OTC: VIPZ) has appointed Les M. Ottolenghi as its new Chief Executive Officer, effective immediately. Ottolenghi brings over 25 years of C-suite experience in technology-driven growth across gaming, entertainment, media, and education sectors, with his initiatives generating over $100 billion in cumulative market value. His previous roles include Chief Commercial & Transformation Officer at Lee Enterprises, Chief Commercial Officer and CIO at Stride, Inc., and Executive VP & CIO at Caesars Entertainment. Board Chair Bruce Cassidy praised Ottolenghi's track record in leveraging advanced technologies for market expansion and customer engagement. The new CEO aims to transform VIP Play by implementing cloud scalability and AI solutions to enhance gaming experiences while maintaining security and social responsibility standards.

Positive

• Appointment of experienced CEO with 25+ years of C-suite experience in relevant industries
• New CEO's previous initiatives have created over $100 billion in cumulative market value
• Strong background in implementing cloud, cybersecurity, and AI solutions that drove revenue and EBITDA growth
• Strategic focus on technological transformation and market expansion

Negative

• None.

Argus Session date unavailable

+2.56% session move Open Argus

Details

News Market Reaction – VIPZ

The recorded move for VIPZ in the trading session of this news was +2.56%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

LAS VEGAS, June 18, 2025 /PRNewswire/ -- VIP Play Inc. (OTC: VIPZ), a Nevada-incorporated online casino and gaming company, today announced that its Board of Directors has appointed Les M. Ottolenghi as Chief Executive Officer, effective immediately. Ottolenghi brings more than twenty-five years of C-suite experience driving technology–led growth in gaming, entertainment, media, and education, where his initiatives have created over $100 billion in cumulative market value.

Ottolenghi has previously served as Chief Commercial & Transformation Officer at Lee Enterprises, Chief Commercial Officer and CIO at Stride, Inc., and Executive Vice President & CIO at Caesars Entertainment. Throughout these roles he delivered industry–first cloud, cybersecurity, and AI solutions that accelerated revenue and EBITDA growth.

"Les is the ideal leader to guide VIP Play through its transformation," said Board Chair Bruce Cassidy, "His track record of harnessing advanced technologies to unlock new markets and enhance customer engagement aligns perfectly with our mission to deliver innovative and engaging wagering experiences."

Ottolenghi added "Today's consumers expect entertainment that is intelligent, frictionless, and hyper-personalized. By fusing cloud scalability with next–generation AI, VIP Play will redefine the patron's experience while setting a new standard for innovation, security, and social responsibility in the gaming industry."

About VIP Play Inc.

VIP Play Inc. (OTC: 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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/vip-play-inc-appoints-digital-transformation-veteran-les-m-ottolenghi-as-chief-executive-officer-302485488.html

SOURCE VIP Play, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is the new CEO of VIP Play (VIPZ)?

Les M. Ottolenghi has been appointed as the new CEO of VIP Play Inc., effective June 18, 2025.

What is Les Ottolenghi's experience in the gaming industry?

Ottolenghi has over 25 years of C-suite experience, including serving as Executive Vice President & CIO at Caesars Entertainment, where he implemented industry-first cloud, cybersecurity, and AI solutions.

What is VIP Play's (VIPZ) strategic direction under the new CEO?

Under Ottolenghi's leadership, VIP Play plans to focus on fusing cloud scalability with next-generation AI to enhance patron experience while prioritizing innovation, security, and social responsibility.

What positions has Les Ottolenghi held before joining VIP Play (VIPZ)?

Ottolenghi previously served as Chief Commercial & Transformation Officer at Lee Enterprises, Chief Commercial Officer and CIO at Stride, Inc., and Executive Vice President & CIO at Caesars Entertainment.

How much market value have Les Ottolenghi's previous initiatives generated?

Ottolenghi's initiatives have created over $100 billion in cumulative market value throughout his career in gaming, entertainment, media, and education sectors.