Scott Butera
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Scott C. Butera is an American businessman and entertainment and hospitality executive who is best known for being the CEO at various casinos in the United States. He was the commissioner of the
Arena Football League The Arena Football League (AFL) was a professional arena football league in the United States. It was founded in 1986, but played its first official games in the 1987 season, making it the third longest-running professional football league in ...
(AFL) from September 2014 to March 2018. Scott Butera currently serves as president and a board member for Fubo Gaming, a Chicago-based subsidiary of live TV streaming platform fuboTV Inc. (NYSE: FUBO), and developer and distributor of Fubo Sportsbook. Before joining Fubo Gaming, Butera was president of Interactive Gaming at
MGM Resorts International MGM Resorts International is an American global hospitality and entertainment company operating destination resorts in Las Vegas, Massachusetts, Detroit, Mississippi, Maryland, and New Jersey, including Bellagio, Mandalay Bay, MGM Grand, and ...
, where he was responsible for the development and operations of sports betting and online gaming across online and traditional platforms.


Profile

Butera played football at
Trinity College Trinity College may refer to: Australia * Trinity Anglican College, an Anglican coeducational primary and secondary school in , New South Wales * Trinity Catholic College, Auburn, a coeducational school in the inner-western suburbs of Sydney, New ...
in
Hartford, Connecticut Hartford is the capital city of the U.S. state of Connecticut. It was the seat of Hartford County until Connecticut disbanded county government in 1960. It is the core city in the Greater Hartford metropolitan area. Census estimates since t ...
, where he graduated with a bachelor of arts degree and recently served as a member of the board of fellows, he currently serves on the
board of trustees A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit org ...
. He later earned his
Master of Business Administration A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...
degree at
New York University New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then- Secretary of the Treasury Albert Gallatin. In 1832, th ...
's
Leonard N. Stern School of Business The New York University Leonard N. Stern School of Business (commonly referred to as NYU Stern, The Stern School of Business, or simply Stern) is the business school of New York University, a private research university based in New York City. I ...
. His financial background includes 20 years as an investment banker at
UBS Investment Bank UBS Group AG is a multinational Investment banking, investment bank and financial services company founded and based in Switzerland. Co-headquartered in the cities of Zürich and Basel, it maintains a presence in all major financial centres ...
,
Credit Suisse First Boston Credit Suisse First Boston (also known as CSFB and CS First Boston) is the investment banking affiliate of Credit Suisse headquartered in New York. The company was created by the merger of First Boston Corporation and Credit Suisse Group in 1988 ...
,
Smith Barney Morgan Stanley Wealth Management is an American multinational financial services corporation specializing in retail brokerage. It is the wealth & asset management division of Morgan Stanley. On January 13, 2009, Morgan Stanley and Citigroup an ...
and Bear Stearns & Co. where he concentrated his efforts on analysis and client service for companies in the real estate, lodging, gaming and leisure industries. His resume includes being former president, CEO and executive vice president at
Trump Entertainment Resorts Trump Entertainment Resorts, Inc. was a gambling and hospitality company. The company previously owned and operated the now-demolished Trump Plaza and Trump World's Fair (both in Atlantic City), the now-closed Trump Marina, Trump Casino & Hote ...
, Cosmopolitan Resort and Casino in
Las Vegas Las Vegas (; Spanish for "The Meadows"), often known simply as Vegas, is the 25th-most populous city in the United States, the most populous city in the state of Nevada, and the county seat of Clark County. The city anchors the Las Veg ...
, CEO at Tropicana Entertainment (2008–2011) and CEO at
Foxwoods Resort Casino Foxwoods Resort Casino is a hotel and casino complex owned and operated by the Mashantucket Pequot Tribal Nation on their reservation located in Ledyard, Connecticut. Including six casinos, the resort covers an area of . The casinos have more ...
(2011–2013). At Tropicana, he engineered the casino's emergence from
Chapter 11 bankruptcy Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whe ...
. In September 2014, Butera was named the seventh commissioner of the
Arena Football League The Arena Football League (AFL) was a professional arena football league in the United States. It was founded in 1986, but played its first official games in the 1987 season, making it the third longest-running professional football league in ...
, replacing Jerry Kurz, who took the role of president of the league. It was Butera's first involvement in the management of a sports league. His initial focus was on increasing consumer awareness of the AFL brand so that it could grow revenues through strategic partnerships and sponsor programs; he was to work closely with Kurz on football operations to maximize opportunities to integrate spectator experiences. Butera would be replaced as commissioner of the AFL in March 2018 after a severe period of league contraction during which the league declined from 14 teams to four. Before joining Fubo Gaming, Butera served as the director of interactive gaming at
MGM Resorts International MGM Resorts International is an American global hospitality and entertainment company operating destination resorts in Las Vegas, Massachusetts, Detroit, Mississippi, Maryland, and New Jersey, including Bellagio, Mandalay Bay, MGM Grand, and ...
. He had remained indirectly involved with professional football through a partnership with the
Alliance of American Football The Alliance of American Football (AAF) was a professional American football minor league. The AAF consisted of eight centrally owned and operated teams in the southern and western United States, seven of which were located in metropolitan area ...
; when the AAF collapsed during its only season, MGM Resorts retained ownership of its gambling-oriented cell phone app. In 2020, Butera served as co-CEO of Vigtory before transitioning into his current role, President of Fubo Gaming, after fuboTV acquired Vigtory in January 2021, where he helped launch Fubo Sportsbook into market in Q4 2021.


Personal life

Butera and his wife, Denise Butera, have three children and live in Southern Highlands, Las Vegas, Nevada. In 2016, Butera joined the Trinity College board of trustees. Two of his children, Allison and Christopher, currently study at his alma mater.


See also

* Tropicana Entertainment *
Foxwoods Resort Casino Foxwoods Resort Casino is a hotel and casino complex owned and operated by the Mashantucket Pequot Tribal Nation on their reservation located in Ledyard, Connecticut. Including six casinos, the resort covers an area of . The casinos have more ...
*
Arena Football League The Arena Football League (AFL) was a professional arena football league in the United States. It was founded in 1986, but played its first official games in the 1987 season, making it the third longest-running professional football league in ...


References


External links


Arena Football League official profile
{{DEFAULTSORT:Butera, Scott 21st-century American businesspeople American casino industry businesspeople American chief executives Arena Football League commissioners Living people Trinity Bantams football players Trinity College (Connecticut) alumni Year of birth missing (living people)