BetMGM recently announced that Rhea Loney will join its executive team as chief compliance officer. Loney will oversee BetMGM’s compliance department, including online and retail operational compliance, registration and licensing, AML and financial compliance, and responsible gaming.
Loney joins BetMGM from Penn Interactive, the online subsidiary of Penn Entertainment, Inc., where she served as VP of compliance, regulatory affairs & strategy. While at Penn, she helped build the compliance team, including licensing, regulatory affairs, operational compliance, risk & fraud, AML, and responsible gaming departments. Additionally, Loney oversaw the online launch of Barstool Sportsbook in 13 states, iCasino in four states and over 20 retail sportsbook launches.
Prior to Penn Interactive, Loney served as an assistant attorney general with the Louisiana Department of Justice, Division of Gaming. While there, she represented and provided legal counsel to the Louisiana State Racing Commission from 2011 to 2019 and was first to administratively prosecute the Dermophin (Frog Juice) cases in the U.S.