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Sports
May 9, 2024
BetMGM CEO Cautions against Prop Bets on Illegal Sportsbooks
The sports betting expansion across the United States helped bring legal wagering to residents in nearly 40 states. Yet, concerns about the negative impact of the activity, especially around excessive gambling and the integrity of sports, continue to mount. Recently, amid reports of athletes being abused by gamblers on social media, different leagues and stakeholders […]
Industry
May 2, 2024
MGM Management Shares Insights on Long-Term Strategy
During a recent earnings call, MGM management discussed long-term strategy, focusing on various aspects, including the development of BetMGM, expansion into new markets, and growth projections. The company hopes to leverage its record-breaking Q1 results to bolster expansion, consolidate its position in core markets, and achieve lasting success. MGM Is Optimistic regarding Its International Operations […]
Sports
March 29, 2024
NHL Star McDavid Becomes Advocate for Responsible Gaming in Ontario
Late last month, the gambling regulator in Ontario, the Alcohol and Gaming Commission of Ontario (AGCO), implemented a ban on the use of celebrity imagery in gambling advertisements. The regulatory change follows best practices implemented in other major markets across the globe, including Europe, and seeks to safeguard consumers from excessive gambling and curb the […]
Poker
March 27, 2024
BetMGM Poker to Host Online Qualifiers for Borgata Spring Poker Open
MGM has selected its BetMGM Poker platform as the exclusive platform for online qualifiers for the Borgata Spring Poker Open tournament. This allows online players to challenge others for a shot at the $4 million event in New Jersey. From April 1, poker enthusiasts will be able to register for the event and join $5 […]
Industry
March 20, 2024
ASA Agrees BetMGM’s Ad Featuring Chris Rock Doesn’t Appeal to Minors
The UK’s Advertising Standards Authority (ASA) has decided that BetMGM’s TV ad featuring Chris Rock, an American actor and filmmaker, did not violate the country’s rules. The ad aired in October 2023 and, according to complaints appealed to minors. The original ad features Chris Rock accompanied by a lion and traveling on a boat from […]
Business
March 18, 2024
MGM Boss Optimistic about BetMGM, Eyes Tech Firm Acquisition
In addition to expressing his confidence in opportunities in the UAE and Thailand, MGM Resorts president Bill Hornbuckle also teased that his company is considering an acquisition of a sports betting tech company. Hornbuckle commented on MGM’s plans and ambitions at the recent JP Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum. While the […]
Legal
February 27, 2024
BetMGM Case Dismissal by Problem Gambler under Appeal
Several years ago, Sam Antar, the nephew of the founder of the now-defunct “Crazy Eddie” electronics store chain, Eddie Antar, filed a lawsuit against the leading gaming and betting operator, BetMGM, the Borgata and other defendants. In his lawsuit, he claimed that BetMGM offered him benefits although it was aware of his gambling addiction. Antar […]
Business
February 9, 2024
BetMGM Signs Unprecedented Sports Betting Deal with X
Sports betting and iGaming giant BetMGM has unveiled a historic partnership with X. The tie-up will see the former company serve as the social media platform’s exclusive live odds sports betting partner. This unprecedented partnership between a major social media platform and a gambling operator will see BetMGM’s odds and branding integrated into X. Games […]
Sports
February 9, 2024
BetMGM Allegedly Accepts Prohibited Collegiate Bets in Massachusetts
While nearly 40 US states currently offer legal sports wagering, not all of them permit all types of wagers. For example, some states allow betting on collegiate teams when it’s out of state, effectively restricting wagering on in-state collegiate sports. One such state is Massachusetts. Currently, the state restricts in-state college sports betting with the […]
Business
February 9, 2024
BetMGM Reports Strong FY 2023 Performance
BetMGM, a leading sports betting and iGaming operator jointly owned by MGM Resorts International and Entain, has announced robust financial results for the fiscal year 2023, according to unaudited figures. The recent report reflected on the performance of some key verticals, providing insights into the operator’s strategy and plans to tackle rising industry challenges. Most […]
