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Philipp Lorenz has a diverse work experience, starting with their current role as the CEO and Managing Director of BALLY WULFF Games & Entertainment GmbH since November 2020. Prior to this, they served as the COO and Managing Director of XTiP Sportwetten Vertrieb GmbH from June 2017 to October 2020. Before that, they worked as the Director of Owned Stores Central, Northern & Emerging Europe at MoneyGram International from September 2014 to May 2017. From January 2011 to August 2014, they held the position of Head of Franchise & Retail Marketing at Tipico. Earlier in their career, they worked as a Franchise Consultant at RUNNERS POINT Group from May 2009 to December 2010, and as a Franchise Manager at The Phone House Telecom GmbH from August 2005 to April 2009.

Philipp Lorenz attended the University of Münster from 2000 to 2005, where they obtained their M.A. degree. The field of study they pursued during this period is unknown.