NeoGames Welcomes Steve Capp as Independent Director to Board of Directors

NeoGames S.A., a leading provider of iLottery and iGaming solutions, has announced the appointment of Steve Capp to its board of directors as an independent, non-executive director.

Steve Capp new Independent Director

This appointment follows the approval of the Company’s shareholders at the 2023 annual general meeting. Steve Capp has also been designated as the chairperson of the audit committee and a member of the compensation and nominating and corporate governance committees.

Moti Malul, CEO of NeoGames, expressed his confidence in Steve Capp’s appointment: “Steve is a highly experienced executive who brings leadership, deep expertise, and professional experience to our board,” said Moti Malul, Chief Executive Officer of NeoGames. “Steve will be a valuable addition to our board.”

Over 35 year of experience

With over 35 years of experience in the gaming and financial services industries, Steve Capp brings a wealth of knowledge to NeoGames. From January 2019 to April 2022, he served as EVP and CFO of Bally’s Corporation (NYSE: BALY), a regional gaming and hospitality company. During his tenure, Bally’s underwent a successful initial public offering and completed the integration of over 20 entities, including casino hotel properties and internet-based companies in various gaming sectors.

Prior to his role at Bally’s, Steve Capp held positions as a director and financial consultant at Right Angle, a financial and strategic consulting firm, from April 2011 to December 2018. He also served on the board of Bally’s predecessor private company, Twin River Management Group, for approximately seven years and has been involved with several other private gaming, hospitality, and technology companies in advisory and consulting roles.

Steve Capp’s experience extends to his previous roles as EVP and CFO of regional gaming and hospitality company Pinnacle Entertainment, Inc. He began his career in investment banking with Bank of America Securities and Bear Stearns & Co. Capp holds a finance degree from the University of Arizona and an MBA from the Wharton School of the University of Pennsylvania.

NeoGames’ appointment of Steve Capp to its board has also allowed the Company to regain compliance with Nasdaq Listing Rule 5605(c)(2)(A), which requires the audit committee to comprise at least three independent directors within the specified cure period allowed under Nasdaq Listing Rules.