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The Latest in betmgm
Business
December 5, 2023
BetMGM Unveils Ambitious Strategy for 2024, Aiming to Boost Market Presence
BetMGM has laid out its strategic plans for 2024, with a key focus on enhancing its market share and aiming for a staggering $500 million in adjusted earnings by 2026. BetMGM CEO Adam Greenblatt Maps Ambitious 2024 Vision with Las Vegas at the Center CEO Adam Greenblatt outlined the key objectives for 2024, emphasizing the […]
Business
November 29, 2023
MGM Resorts May Consider Bid for BetMGM, Suggests Report
Last week, the owner of Ladbrokes and Coral, Entain, saw growing pressure from US activist hedge funds, Sachem Head Capital Management and Dendur Capital, showing concerns about the company’s leadership under CEO Jette Nygaard-Andersen and its share price. The two additional US activist hedge funds joined Eminence Capital as an expanding number of investors who […]
Business
November 28, 2023
BetMGM Unveils Strategies to Fortify against Increased Competition
Leading gambling operator BetMGM is ramping up measures to counter the mounting competition from rivals like Fanatics and ESPN Bet as such companies pose emerging threats in several key jurisdictions. BetMGM remains confident in its market dominance and has prepared to counteract increasing pressures by identifying several avenues to bolster its market position and guarantee […]
Sports
November 21, 2023
Caesars and BetMGM Lead the Charge in Record-Breaking Las Vegas Grand Prix
On November 18, the Las Vegas Grand Prix not only delivered a riveting Formula One race but also shattered betting records at prominent sportsbooks, marking a historic windfall for the gambling industry in the city. Caesars Sportsbook Smashes Records, Surpassing Daytona 500 Numbers Caesars Sportsbook led the charge, setting a new company record for the […]
Sports
November 16, 2023
BetMGM Publishes Information about the F1 Betting Markets ahead of the Race
BetMGM provided some insights into the betting markets for the highly anticipated F1 Heineken Silver Las Vegas Grand Prix 2023. As it turns out, Verstappen commands the bigger part of the F1 handle. BetMGM is preparing for the historic race, believing that it could become the formula racing event with the largest handle in the […]
Poker
November 15, 2023
MGM Resorts Publishes Borgata Winter Poker Open Schedule
MGM Resorts’ Borgata Hotel Casino & Spa in Atlantic City, New Jersey, has teamed up with BetMGM Poker to host the Borgata Winter Poker Open. The spectacular event will feature a total guarantee of $10 million and will be an important addition to the 2024 poker calendar. The Borgata Winter Poker Open will run from […]
Business
November 3, 2023
BetMGM Launches Borgata Bingo Online App in NJ
Gambling juggernaut BetMGM has announced the launch of Borgata Bingo online in New Jersey. The new online bingo platform provides local consumers with access to the first 75-ball real money online bingo product in America. The new product is built for BetMGM by Entain and leverages the former company’s experience in the global gaming sector […]
Sports
November 2, 2023
BetMGM Launches Sportsbook at Isleta Resort in New Mexico
The leading sports betting and gaming entertainment operator, BetMGM, continues to expand its presence across the United States. The company is getting closer to its milestone 30th market entry, after announcing its launch into the regulated sports betting market in New Mexico. Announced Wednesday, the launch represents BetMGM’s 28th market entry and helps the leading […]
Sports
October 27, 2023
BetMGM Renews Partnership with Philadelphia 76ers
Online casino and sports betting giant BetMGM has unveiled a renewal of its strategic partnership with the Philadelphia 76ers (Sixers), a Philadelphia-based professional basketball team. As per the agreement, BetMGM will continue to serve as the sports team’s official sports betting partner. In the multi-year extension of the partnership between BetMGM and the Sixers, the […]
Business
October 11, 2023
The BetMGM Tie-Up between Entain and MGM Resorts May Not Last Forever
BetMGM is one of the world’s biggest and most influential gambling brands. A joint venture between MGM Resorts International and Entain, the operator continues to expand its global presence in key regulated markets. However, the current 50/50 ownership arrangement between its two parent companies may not be everlasting. During a recent speech at the Global […]