MGM reports revenues down 53% to close out 2020, looks to BetMGM for future
MGM Resorts barely beat expectations for the quarter, and pushed BetMGM as their road back to big revenues in 2021.
BetMGM partners with The Athletic for exclusive sports betting content
The Athletic will offer exclusive content from BetMGM for a sports-crazed fanbase.
MGM Resorts drops bid to acquire BetMGM partner Entain
MGM Resorts says it's given up trying to acquire its BetMGM iGaming/sports betting joint venture partner Entain plc.
Owner of the Las Vegas Raiders to purchase MGM’s WNBA team
The purchase means the pro female basketball team won’t have to relocate.
MGM Resorts gets backer support in bid to purchase Entain
IAC has admitted that it will help MGM in its effort to buy out its US sports gambling partner.
More MGM casino layoffs as Vegas unemployment rate soars
MGM Resorts to furlough 140 Vegas casino managers as city posts highest unemployment rate among US cities over 1m people.
MGM Resorts shareholder asks company to reduce Asian control
An Asian investment management firm and MGM backer believes the casino operator needs a Chinese partner.
Bernstein: MGM play on Entain could be sign of reduced Asian interest
Analysts believe that the casino operator’s pitch to purchase its US sports gambling partner is a sign of major changes.
MGM and Entain, let the gaming megamergers roll on
According to legend, infamous career bank robber Willie Sutton was once asked by reporter Mitch Ohnstad why he robbed banks. Sutton replied, “Because that’s where the money is.”
MGM Resorts said to be wanting to take control of Entain
The gaming giant reportedly wants to buy outs its BetMGM sports gambling partner.
