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, 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 organ ...
. 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 accou ...
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, ...
's
Leonard N. Stern School of Business. 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 198 ...
,
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 anno ...
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 & Hot ...
,
Cosmopolitan Resort and Casino in
Las Vegas
Las Vegas (; Spanish language, Spanish for "The Meadows"), often known simply as Vegas, is the List of United States cities by population, 25th-most populous city in the United States, the most populous city in the U.S. state, state of Neva ...
, CEO at
Tropicana Entertainment
Tropicana Entertainment Inc. was a publicly traded Gambling, gaming company that owned and operated casinos and resorts in Indiana, Louisiana, Mississippi, Nevada, Missouri, New Jersey and Aruba. Tropicana properties collectively had approximately ...
(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 t ...
(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, whet ...
.
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
Jerry B. Kurz (born June 21, 1949) is a founding father of the now-defunct Arena Football League. He was one of the earliest leaders of Arena football, and was part owner of Gridiron Enterprises, original owner of the proprietary, formerly patent ...
, 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 are ...
; 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
Tropicana Entertainment Inc. was a publicly traded Gambling, gaming company that owned and operated casinos and resorts in Indiana, Louisiana, Mississippi, Nevada, Missouri, New Jersey and Aruba. Tropicana properties collectively had approximately ...
*
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 t ...
*
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)