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VIP Play, Inc. Appoints Dr. Robert Rippee as Interim CMO to Accelerate Growth and Innovation
Prnewswire· 2025-09-02 17:00
Core Insights - VIP Play, Inc. has appointed Dr. Robert Rippee as Interim Chief Marketing Officer to enhance its market growth strategy through collaboration with UNLV's Black Fire Innovation hub [1][3][6] Company Overview - VIP Play, Inc. is a mobile sports betting and interactive gaming company operating its proprietary technology platform in Tennessee and holding an interim iGaming and mobile sports-betting license in West Virginia [8] - The company aims to deliver a modern sportsbook with unique wager offerings, sweepstakes contests, and social features, supported by a cloud-native architecture and AI-driven product roadmap [8] Leadership and Innovation - Dr. Rippee brings extensive experience from his previous role as Senior Vice President of Marketing at Las Vegas Sands Corporation, where he oversaw strategies that generated billions in revenue [4] - His leadership at UNLV's Black Fire Innovation has established a strong foundation for innovation in gaming and hospitality technology [5] - The appointment of Dr. Rippee is expected to enhance VIP Play's credibility and investor confidence through its collaboration with universities and AI partnerships [9] Strategic Advantages - The collaboration with UNLV provides VIP Play with a unique environment for rapid commercialization of ideas, enhancing the company's ability to bring new betting and interactive gaming products to market quickly [9] - Direct engagement with university talent and global gaming leaders is anticipated to fuel innovation and strengthen VIP Play's market position [9][7]
Why Roblox's Q1 Has BofA Analyst Optimistic For Long-Term Prospects, Despite Investor Sentiment Split About Growth
Benzinga· 2025-04-21 18:13
Core Viewpoint - BofA Securities analyst maintains a Buy rating on Roblox Corporation (RBLX) with a price forecast of $79, anticipating market share gains in the video game sector due to a large developer pool and innovation capabilities [1] Company Performance Expectations - Investor sentiment regarding first-quarter growth is divided, with some expecting over 30% year-over-year growth, while others predict a more modest 23%, consistent with guidance [3] - Management's caution regarding third-quarter bookings comparisons has led to expectations of a significant slowdown in core business growth in the second half of 2025, potentially falling below 20% year-over-year [3] Revenue and Cash Flow Insights - Expectations for advertising revenue remain low at around $150 million, despite the integration of Google Ad Manager with Roblox [4] - Strong performance from December and January is expected to continue into February, with a slight slowdown in March attributed to Easter timing; cash flow metrics may exceed expectations due to December bookings [4] Strategic Initiatives - Several initiatives, including regional pricing and price optimization, could lead to stronger-than-expected performance in the second half of 2025 [5] Market Position - Roblox is currently under-owned, but this may change as investors seek companies with durable growth prospects, particularly those less affected by tariffs or consumer spending fluctuations in late 2025 [2]