VIP Entertainment Technologies Inc. announced that Bob Lunde has been appointed as the new Chief Executive Officer (CEO). Bob Lunde, who became a director in February 2023 has become instrumental in formulating the companies metaverse and AI strategies-see previous news release dated June 8, 2023. Mr. Lunde has been involved with numerous public companies in the past in officer and director roles.

With his operational experiences and his 40 years in and around the capital markets, the Board of VIP feels Mr. Lunde can best leverage his contacts and relationships as the CEO of the company. Joel Donais has resigned as CEO but will remain on the board of directors.