VIP Play, Inc. Announces the Resignation of CFO Jim Mackey in a Strategic Transition

VIP Play, Inc. Announces Departure of Chief Financial Officer

On July 23, 2025, VIP Play, Inc. (OTCQB: VIPZ), a pioneering force in interactive consumer engagement technology, made a crucial announcement regarding an upcoming leadership change. Jim Mackey, the company’s Chief Financial Officer, will be leaving his position effective August 8, 2025. This decision marks a significant shift in the company’s executive landscape as they embark on identifying a successor to fill this important role.

Les Ottolenghi, CEO of VIP Play, expressed gratitude for Mackey's contributions during a particularly transformative phase for the company. Under Mackey’s financial stewardship, VIP Play has made considerable strides in its growth and business strategy. The leadership transition is considered an essential step for the company, as they continue to focus on their core strategic priorities.

"We thank Jim for his contributions to the Company, particularly during a transformative period for our business," said CEO Les Ottolenghi. The praise reflects Mackey's impact on the organization and underscores the need for a smooth transition that maintains the momentum of the company’s objectives.

VIP Play is currently engaged in a systematic transition process in search of a successor to ensure that operations continue without disruption during this pivotal time. Mackey will assist the company throughout the forthcoming weeks to facilitate an orderly transition, which is vital for sustaining financial stability and strategic execution.

The company has reiterated its financial guidance, showing commitment to transparency and clear communication with stakeholders. This reassessment of the executive team comes against the backdrop of VIP Play's ambition to streamline finances while enhancing operational efficiency. The move aligns with their broader goal of delivering sustained value to their shareholders and players alike.

About VIP Play, Inc.

VIP Play, Inc. is on the cutting edge of mobile sports betting technology, operating under its unique proprietary platform across Tennessee. Additionally, it holds an interim iGaming and mobile sports betting license in West Virginia. This strategic positioning allows VIP Play to offer a modern sportsbook experience encompassing a wide range of unique wager offerings, sweepstakes contests, and engaging social features.

With a cloud-native architecture and an AI-driven product development roadmap, VIP Play is dedicated to providing secure, data-centric experiences that prioritize responsible gaming while adhering to high regulatory compliance standards. Their commitment to innovation continues to shape the future of interactive consumer engagement within the gaming sector.

For further insights about their offerings and ongoing developments, individuals are encouraged to visit their official website: VIP Play.

As the company gears up for this leadership transition, the industry watches closely, anticipating how these changes may enhance VIP Play's operational landscape moving forward. In an era marked by rapid technological advancements and changing consumer preferences, the departure of a key executive signals both challenges and opportunities as VIP Play navigates its future trajectory.