Bally's CFO Mircheva resigns; president steps in
Bally’s CFO is resigning for personal reasons and the company’s president, George Papanier, will serve as interim CFO while a search for a permanent successor is underway.
Rhea-AI Filing Summary
Bally's Corporation (BALY) announced a senior finance leadership transition. Executive Vice President and Chief Financial Officer Mira Mircheva notified the company on August 30, 2026 of her intent to resign as CFO, effective September 4, 2026, and will remain through September 30, 2026 to support a seamless transition. The company states that her departure is for personal reasons and not due to any dispute with Bally’s. President and director George Papanier, a gaming industry veteran and Certified Public Accountant, has been appointed interim Chief Financial Officer effective September 4, 2026 while the Board conducts a search for a permanent CFO. Papanier will retain his roles as President and board member, and is described as supported by an experienced finance organization.
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- CFO resignation and interim appointment: Executive Vice President and Chief Financial Officer Mira Mircheva is resigning effective September 4, 2026, with President George Papanier stepping in as interim CFO while a permanent successor is sought, creating near-term leadership transition at the finance function.
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8-K Event Classification
3 items: 5.02, 8.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
CFO resignation effective date: September 4, 2026
Transition support end date: September 30, 2026
Interim CFO appointment date: September 4, 2026
+5 more
8 metrics
CFO resignation effective date
September 4, 2026
Effective date of Mira Mircheva’s resignation as Executive Vice President and Chief Financial Officer
Transition support end date
September 30, 2026
Date through which Mira Mircheva will remain with Bally’s to assist the transition
Interim CFO appointment date
September 4, 2026
Effective date of George Papanier’s appointment as interim Chief Financial Officer
Gaming industry experience of interim CFO
Over 40 years
Experience of George Papanier in the gaming industry and financial roles
Number of casinos
20 casinos
Bally’s casino operations footprint across 11 U.S. states and the UK
Slot machines
Approximately 17,700 slot machines
Scale of Bally’s gaming operations
Table games
630 table games
Scale of Bally’s gaming operations
Hotel rooms
3,950 hotel rooms
Lodging capacity associated with Bally’s casino operations
Key Terms
interim Chief Financial Officer, forward-looking statements, Private Securities Litigation Reform Act of 1995, Minority Business Enterprise (MBE) certification, +1 more
5 terms
interim Chief Financial Officer financial
"appointed George Papanier as Interim Chief Financial Officer, effective September 4, 2026"
An interim chief financial officer is a temporary leader responsible for managing a company's financial activities, such as budgeting, financial planning, and reporting, during a transitional period. Think of it as filling in for a key manager until a permanent replacement is found. For investors, this role is important because it ensures financial stability and clear guidance during times of change or uncertainty.
forward-looking statements regulatory
"This press release contains forward-looking statements within the meaning"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Private Securities Litigation Reform Act of 1995 regulatory
"These statements constitute Bally’s cautionary statements under the Private Securities Litigation Reform Act of 1995"
Minority Business Enterprise (MBE) certification regulatory
"Bally’s is the first publicly traded gaming company to achieve Minority Business Enterprise (MBE) certification"
igaming technical
"Bally Bet, a first-in-class sports betting and igaming platform licensed"
iGaming involves playing betting or casino-style games over the internet, allowing people to wager money on digital platforms. It matters to investors because it represents a rapidly growing segment of the entertainment industry, driven by technological advances and changing consumer habits, which can lead to new revenue opportunities and market expansion.
FAQ
What senior management change did Bally’s Corporation (BALY) announce?
Bally’s disclosed that Executive Vice President and Chief Financial Officer Mira Mircheva is resigning from her roles, effective September 4, 2026, and will remain with the company through September 30, 2026 to assist with the leadership transition.
Why is Bally’s (BALY) CFO Mira Mircheva resigning?
Bally’s states that Mira Mircheva is leaving for personal reasons and specifically notes that her resignation was not the result of any dispute with the company.
Who will serve as interim CFO at Bally’s Corporation (BALY)?
George Papanier, currently President of Bally’s and a member of its Board of Directors, has been appointed interim Chief Financial Officer effective September 4, 2026, while the Board conducts a search for a permanent CFO.
How long will the outgoing Bally’s (BALY) CFO remain to support the transition?
Mira Mircheva’s resignation is effective September 4, 2026, but she will remain with Bally’s through September 30, 2026 to help ensure what the company describes as a seamless leadership transition.
What experience does interim Bally’s (BALY) CFO George Papanier have?
George Papanier has over 40 years of gaming industry and financial experience, is a Certified Public Accountant, has served as President and CEO from 2011 to 2021, led land-based casino operations since 2021, and previously served as interim CFO in 2023.
How large is Bally’s (BALY) casino and gaming footprint mentioned in the filing?
Bally’s reports operating 20 casinos across 11 U.S. states and one in the UK, with approximately 17,700 slot machines, 630 table games, and 3,950 hotel rooms, plus additional properties such as a golf course and horse racetracks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________
FORM 8-K
_______________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 30, 2026
________________________
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
| (Address of Principal Executive Offices and Zip Code) | ||||||||
________________________
(401 ) 475-8474
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12 (b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). □
Emerging growth company □
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 30, 2026, Mira Mircheva, Executive Vice President and Chief Financial Officer of Bally’s Corporation (“Bally’s” or the “Company”), notified the Company of her intent to resign from her positions of Executive Vice President and Chief Financial Officer. Ms. Mircheva is leaving Bally’s for personal reasons and while her resignation is effective September 4, 2026 she will remain with the Company through September 30, 2026, to ensure a seamless leadership transition. Ms. Mircheva’s resignation was not the result of any dispute with Bally’s.
George Papanier, Bally’s President, has been appointed as interim Chief Financial Officer, effective September 4, 2026 pending the search for a permanent Chief Financial Officer. The information required by Items 401(b), (d) and (e) of Regulation S-K regarding Mr. Papanier was previously reported in the Company's definitive proxy statement filed with the Securities and Exchange Commission on April 9, 2026, and such information is incorporated by reference herein. Mr. Papanier is not a party to any transaction described in Item 404(a) of Regulation S-K involving the Company or any of its subsidiaries.
Item 8.01 Other Events.
On September 3, 2026, Bally’s issued a press release announcing Ms. Mircheva’s resignation as Executive Vice President and Chief Financial Officer and the appointment of Mr. Papanier, Bally’s President, as interim Chief Financial Officer, also effective September 4, 2026. A copy of the press release is attached as Exhibit 99.1 hereto.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |||||||
| 99.1 | Press Release dated September 3, 2026 | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BALLY'S CORPORATION | ||||||||
| By: | /s/ Kim M. Barker | |||||||
| Name: | Kim M. Barker | |||||||
| Title: | Chief Legal Officer | |||||||
Date: September 3, 2026
Exhibit 99.1
BALLY’S CORPORATION ANNOUNCES CFO TRANSITION
AND COMMENCES SEARCH FOR PERMANENT SUCCESSOR
Bally’s Appoints Gaming Industry Veteran and
President, George Papanier, to Serve as Interim CFO
PROVIDENCE, R.I., September 3, 2026 — Bally's Corporation (NYSE: BALY) announced today that Executive Vice President and Chief Financial Officer, Mira Mircheva, has notified the Company of her intent to resign her positions of Executive Vice President and Chief Financial Officer. Ms. Mircheva is leaving Bally’s for personal reasons and while her resignation is effective September 4, 2026 she will remain with the Company through September 30, 2026, to ensure a seamless leadership transition.
To lead the financial organization during this transition, the Board of Directors has appointed George Papanier as Interim Chief Financial Officer, effective September 4, 2026. Mr. Papanier will retain his current roles as President of Bally's and member of the Board of Directors. The Board has commenced a search to identify a permanent Chief Financial Officer.
Mr. Papanier brings over 40 years of gaming industry experience and deep financial experience to the position. A Certified Public Accountant, he has served as President of Bally’s land-based casino operations since October 2021. He previously served as the Company's President and Chief Executive Officer from February 2011 to October 2021, after joining Bally's as Chief Operating Officer in 2004, and served as the interim Chief Financial Officer for Bally's in 2023.
“On behalf of the entire Board and executive management team, I want to thank Mira for her dedication to Bally's and we wish her great success going forward,” said Robeson Reeves, Chief Executive Officer of Bally's Corporation. “Having spent more than two decades in key operating and financial leadership roles at Bally’s, George has been instrumental in developing our business model, asset portfolio, and growth strategy. He steps into the interim role supported by an experienced finance organization and I am confident that our reporting, controls and capital markets work will continue without disruption.”
About Bally’s Corporation
Bally's (NYSE: BALY) is a fast-growing global entertainment brand with 20 casinos across 11 U.S. states and one casino in Newcastle, UK, along with a golf course in New York and horse racetracks in Colorado and forthcoming in Wyoming. Bally’s also owns Bally Bet, a first-in-class sports betting and igaming platform licensed in 14 jurisdictions in North America. Bally’s holds a majority interest in Bally’s Intralot S.A. (ATSE: BYLOT), a leading lottery solutions supplier and gaming operator active in 39 jurisdictions worldwide. Bally's casino operations include approximately 17,700 slot machines, 630 table games, and 3,950 hotel rooms. Bally’s also has rights to developable land in Las Vegas at the site of the former Tropicana Las Vegas, has been awarded a license to build a full-scale casino and resort in The Bronx, New York, and an integrated destination resort in Chicago, Illinois. Bally’s is the first publicly traded gaming company to achieve Minority Business Enterprise (MBE) certification through the National Minority Supplier Development Council (NMSDC). Bally’s has over 12,000 employees across the world, recognized for their innovation, energy, and dedication to creating thrilling gaming experiences.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. Forward looking statements may generally be identified by the use of words such as “anticipate,” “believe,” “expect,” “intend,” “plan” and “will” or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. As a result, these statements are not guarantees of future performance and actual events may differ materially from those expressed in or suggested by the forward-looking statements. Any forward-looking statement made by Bally’s in this press release, its reports filed with the Securities and Exchange Commission (“SEC”) and other public statements made from time-to-time speak only as of the date made. New risks and uncertainties come up from time to time, and it is impossible for Bally’s to predict or identify all such events or how they may affect it. Bally’s has no obligation, and does not intend, to update any forward-looking statements after the date hereof, except as required by federal securities laws. Factors that could cause these differences include those included in Bally’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other reports filed by Bally’s with the SEC. These statements constitute Bally’s cautionary statements under the Private Securities Litigation Reform Act of 1995.
| Investor Contact | Media Contact | |||||||
| Lauren Westerfield | Joseph Jaffoni, Christin Armacost | |||||||
| Global Vice President Public Relations | JCIR | |||||||
| 401-475- 8474 | 212-835-8500 | |||||||
| ir@ballys.com | baly@jcir.com | |||||||