MGM Resorts said it has appointed Scott Butera as president of interactive gaming as the company seeks to take advantage of the potential from legalized sports betting in the U.S.
Butera will provide strategic leadership on the development for interactive gaming – which includes sports betting and skill-based gaming opportunities, the company said in a news release.
“Scott is joining the company at a really exciting time. Skill-based gaming is expanding exponentially and his experience will help us to dominate the field,” said Corey Sanders, chief operating officer for MGM Resorts. “As an industry leader in sports betting and cutting-edge interactive gaming offerings, MGM Resorts is well-positioned to bring our decades of experience and well-earned reputation to new markets throughout the country. Scott will play a key role as we continue to expand nationwide.”
Butera has more than 25 years of experience in finance and hospitality leadership and has served as Commissioner of the Arena Football League, President & CEO for Foxwoods Resort & Casino, Tropicana Entertainment and Chief Operating Officer for Cosmopolitan Hotel & Casino Resort.
The Philippines has once again been put on the Financial Action Task Force’s (FATF) grey list despite having recently passed legislation to improve its anti-money laundering controls, with supervision of junkets cited as an area of concern.
For this edition of our magazine, we focus on Southeast Asia, with a particular look at the Philippines. The country’s casino industry has been among the hardest hit in Asia, with the integrated resorts in Manila’s Entertainment City having remained mostly closed to the general public since the beginning of the crisis last year.
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.