Inspired Entertainment Names Marilyn Jentzen as Chief Financial Officer

Inspired-Entertainment-appoints-Marilyn-Jentzen-as-InterimInspired Entertainment, one of the world’s most prominent business-to-business iGaming providers, has announced the appointment of a new interim Chief Financial Officer: Marilyn Jentzen.

The appointment comes following the departure of Stewart Baker, who had served within the company for seven years as Financial Controller and Director of Finance. Baker resigned on December 20, 2023, but will continue to work with the company in order to facilitate a smooth transition to the new leadership.

Marilyn Jentzen is a very experienced executive, with over three decades spent working in financial services and accounting. The new Chief Financial Officer was described in a company statement as “an accounting expert, strong leader, and strategic thinker.”

The new Chief Financial Officer is in charge of leading the company’s financial policies and her responsibilities include overseeing the group’s accounting functions. Moreover, Marilyn Jentzen will have to ensure fiscal compliance within the company.

Marilyn Jentzen has previously served as the Chief Executive Officer of Innovative Impact Consulting, a business that she founded herself back in 2015. Before her entrepreneurial attempt, the executive was Senior Vice President of Finance at IGT in Las Vegas, Nevada from June 2014. Before that, Jentzen had a successful four-year tenure at Thomson Reuters.

Pleased and Fortunate

Speaking about the appointment, Brooks Pierce, President and Chief Executive Officer of Inspired Entertainment, declared that the company was “pleased and fortunate” to add “a leader of Marilyn’s caliber step into the role of interim CFO.”

The Chief Executive Officer underlined that Marilyn Jentzen has an approach that is both strategic and results-oriented and also boasts a track record of successful tenures in publicly listed companies.

The Board of Directors of Inspired Entertainment has also begun a search process to identify a permanent Chief Financial Officer for the company. The group has made a contract with a search firm that is in charge of evaluating candidates of the role.

Both the appointment of the interim CFO and the search for a permanent replacement underline the company’s commitment to maintaining financial stability while pursuing continued growth within the very competitive field of the iGaming industry.

Inspired Entertainment currently offers content, technology, hardware and services for iGaming, betting, lottery, social and leisure operators across both retail and mobile channels. The company operates in over 35 jurisdictions all around the world, supplying casino https://www.casinonewsdaily.com/online-casinos/ games for over 170 websites.

Source: “Inspired Announces CFO Transition“. Inspired Entertainment. December 26, 2023.

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Snoop Dogg Becomes ‘Chief Ganjaroo Officer’ of Crypto Casino Roobet

Snoop Dogg is synonymous with marijuana, and the hip-hop legend’s newest gig puts cannabis directly into his job title.

Snoop Dogg cryptocurrency casino Roobet crypto
Snoop Dogg is joining an online cryptocurrency casino as a brand ambassador with the title of “Chief Ganjaroo Officer.” Snoop plans to bring his decades of experience in the music industry and his keen ability to build a brand to the casino called Roobet. (Image: Invision)

Snoop announced this week that he’s partnered with Roobet, an online cryptocurrency casino, to become their “Chief Ganjaroo Officer.” In the promotional role, the rap legend and NFT (non-fungible token) influencer will help market the online crypto casino.

Roobet is a subsidiary of Raw Entertainment B.V., an online gaming firm based and licensed in Curacao. The South American island country near Aruba is a hub for offshore iGaming and online bookmaking platforms.

Roobet is an online casino that allows players to gamble with cryptocurrencies, including bitcoin, Ethereum, and Litecoin.

The site offers more than 2,000 slot machines and interactive table games. The casino says one of its more popular games is its proprietary roulette offering that simply challenges players to wager on what color symbol the pill will land on. Roobet also offers cryptocurrency sports betting.

Roobet is blocked in the US and throughout most of Europe.

Developing a Brand

Roobet co-founder Matt Duea explained that bringing on Snoop Dogg, a celebrity who rarely needs an introduction, is about building the crypto casino’s brand. Launched in 2019, Roobet claims to be one of the fastest-growing crypto casinos in the world.

“Since day one, our mission has been to push the boundaries of what a gaming brand can be, and Snoop’s a real visionary,” said Duea. “Together, we’re going to truly revolutionize the online entertainment experience.”

Duea explained that Roobet seeks to provide the “most exciting and immersive online casino experience” available.

“With Snoop by our side, the future of digital entertainment is looking brighter than ever,” Duea added.

Snoop said he was attracted to the sponsorship opportunity because of Roobet’s brand uniqueness.

These guys are doing something different,” Snoop said. “This partnership just feels natural, and we’re going to blaze a trail for the future of online entertainment.”

Roobet said Snoop will lend his entertainment industry and brand expertise to the casino enterprise.

Crypto Rebound

The December arrest of Sam Bankman-Fried, the co-founder and CEO of FTX, once a leading cryptocurrency exchange, devastated the crypto industry.

Prior to his arrest in the Bahamas where FTX was headquartered, bitcoin was trading above $20,000. Bankman-Fried being charged with wire fraud, commodities fraud, securities fraud, money laundering, and campaign finance law violations sent bitcoin into a nosedive, with the cryptocurrency trading below $17,000 just weeks later.

Bankman-Fried is alleged to have used customers’ FTX crypto holdings to make risky investments through another company he founded, Alameda Research. When reports surfaced about FTX funds being improperly used to fund Alameda, customers began withdrawing their crypto holdings, which led to FTX filing for bankruptcy when it couldn’t complete the requested transactions.

Some Wall Street observers felt FTX’s demise would permanently hurt the crypto markets, but prices have since rebounded. Bitcoin is trading above $23,300 this morning — though that’s about 47% below where the digital currency was trading at this time last year.

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