PENN Entertainment Alum Justin Sebastiano Joins Game Play Network as CFO to Drive Growth

Strategic Leadership Appointment at Game Play Network Aims to Accelerate Growth

Game Play Network, Inc. (GPN), a licensed gaming company headquartered in Los Angeles, announces the appointment of Justin Sebastiano as Executive Vice President and Chief Financial Officer. With a robust background of over two decades in strategic finance and investor relations within the gaming and consumer sectors, Sebastiano is set to spearhead GPN’s global finance organization, which includes financial planning, accounting, and treasury functions. His role is pivotal as GPN seeks to enhance its financial framework and drive profitability, alongside CEO David Marshall, President Russell Fine, and COO Tod Lower.

Sebastiano's extensive experience in capital markets and his proficiency in managing complex financings and mergers and acquisitions are viewed as essential assets for GPN's future initiatives. Prior to his new role, he excelled as Senior Vice President and Treasurer at Fanatics Holdings, where he played a key role in various financial operations. His previous tenure at Penn Entertainment, where he served as SVP of Finance, Investor Relations, and Treasurer, has equipped him with unique insights and skills relevant to the gaming landscape. Marshall highlights Sebastiano's successful track record in the gaming sector and his recognition as a top equity research analyst as critical to GPN's ambition of expanding its footprint in the competitive iGaming market.

GPN operates its business-to-consumer segment through its website and app, Horseplay, which offers casino-style games and allows for real-money betting on live horse races. This strategic appointment of Sebastiano is expected to facilitate disciplined growth and long-term stakeholder value, positioning GPN to navigate the evolving landscape of the gaming industry effectively. As the company continues to expand its market presence, Sebastiano's leadership is anticipated to enhance operational efficiency and drive innovation in its offerings.

In parallel, the increasing interest in online gaming and sports betting presents significant opportunities for companies like GPN. With its focus on compliance with federal and state regulations, GPN is poised to capitalize on the growing demand for iGaming solutions. As competition intensifies, the strategic decisions made by leadership will be crucial in establishing GPN as a strong player in the burgeoning market.

As the gaming industry evolves, the appointment of seasoned leaders such as Sebastiano signifies a commitment to robust financial management and strategic growth, essential for capturing new market opportunities and achieving sustainable success.