Bally’s Corporation has confirmed the appointment of Tracy Harris to its board of directors as an independent member.
A financial executive with over 20 years of leadership experience, Harris has been part of several organizations and contributed to the acceleration of growth, profitability and helped to achieve business objectives.
Harris joins Bally’s from MIB Group Holdings, a startup insurance tech firm, where she was Executive Vice President, CFO and Treasurer, and led the financial transformation of the company from its former brand.
Prior to that, Harris was CFO of UMUC Ventures, a venture capital firm; CFO of Bullis School, an independent prep school; and CFO of TheBondFactor Company, a bond insurance company.
Soo Kim, Chairman of the Board of Bally’s, said: “On behalf of the entire board of directors, I am pleased to welcome Tracy Harris to Bally’s. We will undoubtedly benefit from her deep finance, operations, and strategy expertise.”
Harris earned an MBA from St Louis University, an MPA from the University of Pennsylvania and a BS in Marketing from Fontbonne University. Further, she completed the General Management Program at Harvard Business School.
She joins Bally’s at a pivotal point in the company’s history, with growth eyed in both land-based and online contexts.
The firm recently received regulatory approval to begin construction of its flagship casino in Chicago, a $1.7bn proposal featuring 3,400 slots, 170 table games, 10 food and beverage venues, and a 500-room hotel tower with a rooftop bar, as well as a 3,000 seat entertainment center, a 20,000 sq ft exhibition, and an outdoor music venue.
Meanwhile, on the digital front, Bally’s revealed that it is reviewing its North American Interactive division after it racked up $22.7m worth of losses during Q3.
Coming in to help steer the business in a positive direction, Harris has been on several boards across VC, PE, health, real estate, financial services, and retail sectors. Currently, she sits on the board of CareFirst Blue Cross Blue Shield.
Harris commented on her appointment: “It is an honor to join such an outstanding group of individuals on Bally’s board of directors. I look forward to bringing my experience and perspective to the board, and to supporting Bally’s as it continues to grow and expand.”