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Business
April 18, 2023
MSG Entertainment Sells Majority Stake in Tao Group Hospitality
Madison Square Garden Entertainment Corp. has agreed to sell its 66.9% majority interest in Tao Group Hospitality, the nightlife and dining company behind the brands Lavo, Hakassan, and Marquee, to Mohari Hospitality, PokerStars co-founder Mark Scheinberg’s investment company. Upon completion of the sale, MSG Entertainment expects to receive net cash proceeds of approximately $300 million. […]
Sports
December 6, 2021
MSG Sports, Entertainment Join AGA’s “Have A Game Plan”
Madison Square Garden Sports Corp and Madison Square Garden Entertainment Corp. have revealed that they are joining the American Gaming Association’s (AGA) Have A Game Plan – Bet Responsibly campaign designed to promote safer and responsible gambling among consumers. The initiative has reunited numerous sports leagues, franchises, and industry players. AGA has successfully secured support […]
Sports
November 10, 2021
BetMGM Enters Madison Square Garden Partnership to Boost NY Footprint
BetMGM has entered into a partnership with Madison Square Garden Sports Corp and Madison Square Garden Entertainment. The companies will work on boosting brand awareness for BetMGM’s sports betting operations at the time that New York is forging ahead with a new plan to open up the sluice gates of mobile betting in the state. […]
Sports
January 3, 2020
DraftKings Becomes Betting Partner for Knicks, Rangers with MSG
US-based sportsbook DraftKings has signed a partnership with Madison Square Garden Company to represent NBA and NHL franchises the New York Knicks and the New York Rangers. MSG and DraftKings Sign Deal for Rangers and Knicks Betting Sponsorship Sports & fantasy betting company DraftKings has become the exclusive betting partner of the New York Knicks […]