leadership
confidence high
sentiment positive
materiality 0.45
Agassi Sports Entertainment forms Let's Play, LLC subsidiary and names Jonathan Fornaci as President
Agassi Sports Entertainment Corp.
- Jonathan Fornaci was named President of Let's Play, LLC, a newly formed wholly-owned subsidiary of Agassi Sports Entertainment Corp. (OTC: AASP).
- Fornaci brings more than 25 years of executive leadership as President, COO, CFO and CTO across technology, franchising, fitness, ecommerce and real estate.
- Let's Play plans four growth pillars: international master license agreements, hotels and resorts, US pickleball/padel clubs, and a global Let's Play Membership.
- ASE intends to acquire existing US pickleball and padel clubs, convert them to the Let's Play brand, and partner with hotels, resorts and operators.
- CEO Ron Boreta said the company sees opportunity to consolidate facilities under the Agassi and Graf brands and expects more details soon.