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LAS VEGAS - VIP Play, Inc. (OTCQB:VIPZ), a provider of online mobile sports engagement and wagering technology with a market capitalization of $7.26 billion and annual revenues exceeding $5 billion, announced Tuesday a partnership with Decentral AI to develop artificial intelligence solutions for sports entertainment applications.
The collaboration aims to implement AI capabilities for data analytics and personalized user experiences while maintaining regulatory compliance, according to a press release statement from the companies. According to InvestingPro analysis, VIP Play maintains a healthy financial position with a "GOOD" overall health score, suggesting strong potential for technology investments.
"We’re not just deploying AI—we’re defining how the industry will responsibly evolve with AI over the next decade," said Les Ottolenghi, CEO of VIP Play. "Decentral AI provides the flexibility, compliance, and intelligence that allows us to personalize and elevate player experiences at scale."
Marouen Helali, Founder of Decentral AI, stated that their platform "ensures their models run securely across any infrastructure, while maintaining complete data sovereignty and compliance."
VIP Play currently operates its technology platform in Tennessee and holds an interim iGaming and mobile sports betting license in West Virginia. The company offers sports fan experiences, wager offerings, sweepstakes contests, and social features. InvestingPro data reveals the company’s profitable status with a 19.71% gross profit margin, though analysts note room for margin improvement. Subscribers can access 6 additional ProTips and detailed financial metrics to better evaluate the company’s growth trajectory.
Decentral AI describes itself as a universal AI orchestration platform that allows enterprises to deploy AI models across various infrastructure options while maintaining data control.
The partnership will focus on developing AI applications specifically for the entertainment aspects of sports fan experiences, according to the announcement.
In other recent news, VIP Play Inc. announced that its Chief Financial Officer, Jim Mackey, will step down from his role effective August 8, 2025. The company has initiated a search for Mackey’s successor and mentioned that he would help with the transition in the weeks leading up to his departure. This development is part of the company’s ongoing efforts to ensure a smooth leadership transition. VIP Play Inc. did not provide further details on the reasons behind Mackey’s departure. The company is expected to update stakeholders once a new CFO is appointed. Investors and analysts will be watching closely for any updates regarding the appointment of a new financial leader. The departure of a CFO can often prompt questions about a company’s financial strategy and future direction.
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