Vital Services Contractors
Mr. Bailey is President and Chief Executive Officer of Veterans Services Corporation, d/b/a Vital Services Contractors (VSC) and was formally the President and CEO of 1DC09, LLC., a Joint Venture with INTRALOT, Inc.- the 3rd largest GSE Global Gaming Company.
Mr. Bailey and his partners successfully completed a 10-year contract with the District of Columbia for Central System and Operations Management of the Lottery. In 2019, Mr. Bailey’s firm, as subcontractor to Intralot, was awarded the nation’s first GSE Sports Wagering and Lottery Systems contract valued up to $430 million over the potential ten-year term. Mr. Bailey is the only minority operator of a State Lottery Central System in the $87 Billion U.S. GSE Lottery and in the GSE Sports Wagering industry. In 2020, the North American Association of State and Provincial Lotteries (NASPL) recognized Mr. Bailey with its Powers Award.
Mr. Bailey is a seasoned, experienced executive with over 25 years combined experience in Finance & Banking, Secondary Mortgage Finance, Human Resources, Information Technology, and Lottery & Gaming Systems Management. Prior to co-founding DC09LLC in 2009, Mr. Bailey served as Chief Diversity Officer and Vice President of Human Resources for Fanniemae. Mr. Bailey held multiple business and line positions over a 15-year career. Prior to joining Fanniemae, Mr. Bailey was a Banking Officer for a $2 Billion Regional Bank. Mr. Bailey began his career at IBM.
Since 2007, the companies that Mr. Bailey has founded, acquired, and/or partnered with have generated nearly $100 Million dollars in combined gross revenues, providing contracting services in the Private and Public Sectors.
Mr. Bailey is passionate and committed to improving the lives of Children in the U.S. and around the World. Mr. Bailey currently serves on the Board of Directors of the Greater Washington Urban League, is a past Executive Board Committee Member of the Greater Washington Boys & Girls Club of America and is the past Chairman of the Board of Directors for the Kevin Durant Charity Foundation -founded by NBA All Star and MVP, Kevin Durant. Mr. Bailey holds a B.A. from Eastern Kentucky University and an Executive MBA from the University of Maryland Robert H. Smith School of Business. Mr. Bailey is a native of Washington, D.C. and currently resides in Washington metropolitan region.
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