NeoGames, a leading provider in the gaming industry, has welcomed Steve Capp to its board of directors as an independent, non-executive director. The appointment, approved by the company’s shareholders at the 2023 annual general meeting, reflects NeoGames’ commitment to strengthening its leadership team with seasoned professionals. Capp will serve as the chairperson of the audit committee and contribute as a member of the compensation, nominating, and corporate governance committees.
Professional Background:
Steve Capp brings over 35 years of experience in the gaming and financial services industries to NeoGames. Notably, he served as the EVP and CFO of Bally’s Corporation from January 2019 until April 2022. Prior to this role, Capp held positions as a director and financial consultant at Right Angle, a financial and strategic consulting firm. His involvement extends to the board of Bally’s predecessor private company, Twin River Management Group, and advisory roles with various private gaming, hospitality, and technology firms.
Capp’s executive experience also includes serving as EVP and CFO for Pinnacle Entertainment, a regional gaming and hospitality company. His career began in investment banking with notable roles at Bank of America Securities and Bear Stearns & Co.
Key Responsibilities at NeoGames:
In his role at NeoGames, Capp assumes leadership as the chairperson of the audit committee, leveraging his financial expertise. Additionally, he contributes as a member of the compensation committee and the nominating and corporate governance committees. His multifaceted experience positions him as a valuable addition to NeoGames’ strategic decision-making processes.
NeoGames CEO’s Perspective:
Moti Malul, the Chief Executive Officer of NeoGames, expressed confidence in Capp’s appointment, highlighting his leadership, deep industry expertise, and professional background. The addition of Capp to the board underscores NeoGames’ commitment to assembling a high-caliber team to drive the company’s success in the dynamic gaming sector.
Recent Developments at NeoGames:
This announcement follows NeoGames’ recent appointment of Motti Gil as Chief Financial Officer, succeeding Raviv Adler. NeoGames’ subsidiary, Aspire Global, has also entered into an agreement to provide its iGaming suite to The Cordish Companies’ PlayLive! Online Casino, marking strategic advancements in the company’s offerings and partnerships.
Steve Capp’s inclusion in NeoGames’ board of directors enhances the company’s leadership with a seasoned professional known for his contributions to the gaming and financial services industries. As NeoGames continues to navigate the evolving landscape of the gaming sector, Capp’s expertise is poised to play a pivotal role in shaping the company’s strategic direction and fostering growth.