Bally’s CFO Mira Mircheva resigns
President and board member George Papanier will serve as interim chief financial officer while the board searches for a permanent successor.
US.- Bally’s Corporation has announced that executive vice president and chief financial officer Mira Mircheva has resigned for personal reasons. The board of directors appointed president and director George Papanier to serve as interim chief financial officer from September 4 while it searches for a permanent successor. He will retain his role as president and board member.
Mircheva will remain with Bally’s through September 30 to support the transition. Papanier is a certified public accountant with more than 40 years of gaming industry experience. He has been the president of Bally’s land-based casino operations since October 2021. He was the president and chief executive officer from February 2011 until October 2021, having started with the company as chief operating officer in 2004. He acted as the interim chief financial officer in 2023.
Robeson Reeves, Bally’s chief executive officer, said: “Having spent more than two decades in key operating and financial leadership roles at Bally’s, George has been instrumental in developing our business model, asset portfolio, and growth strategy. He steps into the interim role supported by an experienced finance organisation, and I am confident that our reporting, controls and capital markets work will continue without disruption.”
Mircheva was named executive vice president and chief financial officer in March 2025. She was previously chief financial officer of The Queen Casino & Entertainment and has worked as a partner and research analyst at Standard General, as a senior research analyst at Perella Weinberg Partners Asset Management, and in credit principal investing at Goldman Sachs.
The leadership change comes weeks after Bally’s said in its quarterly report that conditions and events raised substantial doubt about its ability to continue as a going concern. The company said current forecasts indicated it may not meet a liquidity maintenance requirement or consolidated net leverage ratio covenant under its revolving credit facility over the following 12 months.
Financing alternatives being considered include asset and equity sales and debt financing. The company reported consolidated revenue of $792.2m for the second quarter of 2026, representing a 20.5 per cent increase from the same period last year. As of June 30, 2026, Bally’s long-term debt was approximately $4.5bn.
