MGM Resorts International’s (MGM) subsidiary, LeoVegas Group, is set to acquire the product and technology platform from Tipico Group Ltd constituting the U.S. sportsbook and online casino. Subject to customary closing conditions, this transaction is expected to close in the third quarter of 2024.This acquisition will help LeoVegas operate a purpose-built proprietary sportsbook across all international markets and brands, except those exclusive to the BetMGM JV. This strategic move will ensure LeoVegas offe ...

LAS VEGAS, June 24, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced that its subsidiary, LeoVegas Group ("LeoVegas"), has entered into an agreement to acquire the product and technology platform constituting the U.S sportsbook and online casino from Tipico Group Ltd ("Tipico").This acquisition is the second major investment by LeoVegas, following the acquisition of game developer Push Gaming in 2023. The acquisition will allow LeoVegas to operate a ...

MGM Resorts International (MGM) unveiled a strategic partnership with technology leader Playtech. This collaboration aims to provide exclusive live casino content to operators in the iGaming industry.MGM Resorts will stream live casino content, branded as ‘MGM Live,’ directly from the gaming floors of MGM Grand and Bellagio Resort & Casino in Las Vegas. This live content will be available for licensing in regulated markets worldwide outside of the United States. The offerings will include single and double- ...

MediaProduction Sixty percent of Americans plan to take a leisure trip over the next few months. Meeting new people and “digital detoxification” are among the top reasons driving vacations, according to a McKinsey study, as younger generations show a significant growing interest in travel. Airlines forecast carrying a record 271M passengers around the world this summer, from June 1st to August 31st (+6% YoY), and cruise lines project ~34.7M passengers in 2024 (+9% YoY). Major hotels in Las Vegas, the #1 ...

LAS VEGAS and LONDON, June 20, 2024 /PRNewswire/ -- Playtech and MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company"), are today announcing a strategic partnership which will offer new and unique live casino content to operators in the iGaming industry. Streamed directly from the gaming floors of two of MGM Resorts' most iconic Las Vegas Strip properties, the live casino content, branded as "MGM Live," will be available for licensing in regulated markets worldwide, outside of the United St ...

Top social media influencer joins BetMGM as Official AmbassadorClick here for accompany imageJERSEY CITY, N.J., June 19, 2024 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, announced today an exclusive partnership with Brian Christopher Slots that will make Brian Christopher, the top social media influencer for slots and casinos, a BetMGM brand ambassador. BetMGM will showcase Brian Christopher in live streams across social media channels featuring its online casino platforms as well ...

MGM Resorts International (MGM) is likely to benefit from the increased business volume at MGM China, sports betting prospects and development projects. Also, its focus on digital strategies bodes well. However, a volatile macroeconomic environment poses threat.Let us discuss the factors that highlight why investors should retain this Zacks Rank #3 (Hold) stock for now.Factors Driving GrowthMGM Resorts is benefiting from increased business volume and travel activity at MGM China. In the first quarter of 202 ...

Value and growth meet with MGM Resorts stock.Shares of MGM Resorts (MGM -1.92%) continue to be underestimated by the market, given the company's growth and value. Las Vegas has never been more profitable, and Macao is also making a comeback. Travis Hoium covers the company's prospects and why he loves the stock in this video.*Stock prices used were end-of-day prices of June 4, 2024. The video was published on June 4, 2024. ...

MANDALAY BAY IN LAS VEGAS COMPLETES $100 MILLION REMODEL OF 2.1 MILLION-SQUARE-FOOT CONVENTION CENTERPost this"Meetings and conventions play a pivotal role in the success of Las Vegas, and the revitalization of the Mandalay Bay Convention Center demonstrates our commitment to this critical piece of our city's foundation," said Ernest Stovall, VP of Hotel Sales for Mandalay Bay. "Our goal is to evolve alongside the meetings industry to meet the needs of the modern customer. Based on invaluable insights from ...

Feeding Forward 2025 goal achievement announced on World Hunger Day 2024LAS VEGAS, May 28, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today that it has donated five million meals into the community since 2016, marking the achievement of a 2025 social impact and sustainability goal well ahead of schedule. In 2023 alone, the Company donated more than 1.2 million meals to feed food insecure people in local communities.The five million meals were donate ...