Marc Crisafulli, the EVP of Government Relations, Legal and Regulatory at Bally’s Corporation, has announced that he would retire from the organization on September 16.
Prior to the business changing its name to Bally’s Corporation in 2020, Mr. Crisafulli joined the company in May 2019 as EVP of Government Relations. He then served as EVP of Twin River Worldwide Holdings and President of Bally’s Twin River Lincoln and Bally’s Tiverton Casinos. Mr. Crisafulli oversaw crucial legislation and led significant partnerships in Rhode Island during his tenure with the company, particularly in his most recent position as Executive Vice President of Government Relations, Legal and Regulatory, which contributed to the advancement of Bally’s strategy.
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 significantly, under Mr. Crisafulli’s leadership, Bally’s collaborated with International Game Technology (IGT) and the State of Rhode Island to create a three-way agreement that later led to the passage of laws 2021-H 5223A and 2021-S 0040A that were intended to preserve and increase Rhode Island’s gaming revenue. The Marc A. Crisafulli Economic Development Act, which established the joint venture between Bally’s and IGT, would supply all gaming machines to the Rhode Island Division of Lotteries for Bally’s Twin River Casino Hotel and Tiverton Casino Hotel as well as the State, during a 20-year period. A $250 million investment plan for economic growth is also included in the Act.
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.”