VIP Play Business Summary

VIP Play, Inc. (VIPZ) operates as an AI-first sports entertainment and fan engagement company, primarily generating revenue through a high-margin, rake-based model across its digital gaming ecosystem. The company’s core business segments include mobile sports wagering, skill-based gaming, and Daily Fantasy Sports (DFS), with rake rates typically ranging from 8% to 20% depending on the contest type. By leveraging a proprietary, cloud-native technology platform, VIP Play facilitates secure peer-to-peer betting, sweepstakes, and socially integrated wagering features. The company currently maintains a licensed mobile sportsbook presence in Tennessee and is aggressively expanding into the nationwide skill-based gaming market, which allows for broader jurisdictional reach without the regulatory friction of traditional sportsbook licensing. Within the competitive landscape, VIP Play positions itself as a technology-forward alternative to established operators like Table Trac, High Roller Technologies, and Full House Resorts, focusing on AI-driven personalization and non-seasonal revenue streams to capture market share from traditional gaming incumbents. The leadership team is anchored by Chief Executive Officer Les Ottolenghi, a digital transformation veteran and former EVP & CIO of Caesars Entertainment, whose career initiatives have generated over $100 billion in cumulative market value. He is supported by Chief Technology Officer Fernando Daniel Goldstein, who brings extensive experience in blockchain-integrated payment systems and big data from previous roles at Qenta and Western Union, and Chief Operating Officer Jacob Shrader, an expert in sports betting analytics and fan engagement. The company’s strategic direction is further guided by Chairman Bruce Cassidy, a significant investor through Eagle Investment Group, LLC, and a board that includes Dr. Robert Rippee, a hospitality innovation expert from UNLV’s Black Fire Innovation. This executive pedigree, combining deep-tier gaming industry experience with advanced AI and fintech expertise, underscores VIP Play’s mission to redefine the interactive sports experience through real-time predictive modeling and frictionless digital infrastructure.