Positive EBITDA in the Second Half of 2023 LAS VEGAS, Feb. 8, 2024 /PRNewswire/ -- BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") is today providing an update on performance for FY 2023. BetMGM delivered a strong FY 2023 financial performance (based on unaudited results) Net revenue from operations grew 36% year over year to $1.96 billion1, at the up ...

It was just nine years ago that the NFL barred then-Dallas Cowboys quarterback Tony Romo from hosting a fantasy sports convention in Las Vegas because it would have taken place at a space adjacent to a casino. The NFL treated Las Vegas, the most concentrated hub of legal gambling in the U.S., like a toxic waste dump and a threat to the integrity of the sport. “There was always a Berlin Wall separating the NFL from gambling,” says longtime NFL agent Leigh Steinberg.That, of course, changed with a 2018 Suprem ...

The market expects MGM Resorts (MGM) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...

Notice of BetMGM FY 2023 update LAS VEGAS, Feb. 6, 2024 /PRNewswire/ -- BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") will release an update on BetMGM's FY 2023 performance at 9:00am EST on Thursday, February 8, 2024.  Upcoming dates- 202413th February   MGM Resorts International Q4 and FY 2023 Results7th March         Entain Group FY 2023 Results Abo ...

Advanced In-Game Betting, Expanded Prop Markets and Rewards Connectivity Headline New Ways to Play LAS VEGAS, Feb. 5, 2024 /PRNewswire/ -- BetMGM's newly designed mobile sports betting app is now live in Las Vegas, the Sports and Entertainment Capital of the World. Powered by Entain, the newly designed BetMGM Nevada app offers sports fans significant enhancements to the mobile sports betting experience including an exponential increase in prop and parlay wager options, live streaming capabilities, digital d ...

Teasers now live on social channels as part of BetMGM's broader Las Vegas-centric campaign LAS VEGAS, Jan. 18, 2024 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, debuted the first of a three-part, star-studded teaser campaign this morning, promoting the company's first-ever Big Game television spot. Featuring the never-before-seen pairing of Tom Brady and Wayne Gretzky, along with actor Vince Vaughn, the upcoming series marks a monumental moment for BetMGM. BetMGM "This year's B ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider MGM Resorts (MGM) . This company, which is in the Zacks Gaming industry, shows potential for another earnings beat.When looking at the last two reports, this casino and resort operator has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 13.84%, on average, in the last two quarters ...

Tickets on Sale Friday, January 12 Exclusively on BetMGM App LAS VEGAS, Jan. 10, 2024 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, will expand its array of festivities for the Big Game weekend with the BetMGM Big Game Bash concert, headlined by Luke Combs. The concert will be hosted at The Chelsea at The Cosmopolitan of Las Vegas Saturday, February 10. "I'm excited to be teaming up with iHeart for BetMGM's Big Game Bash. It's going to be a whole lot of fun," said Combs. Tickets sta ...

LAS VEGAS, Jan. 9, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the fourth quarter and full year 2023 after the market closes on Tuesday, February 13, 2024. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor ...

Contribution strengthens MGM Resorts' continued support of responsible gaming research  LAS VEGAS, Dec. 21, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today that it has donated $360,000 to the International Center for Responsible Gaming (ICRG) in support of two 2-year research projects designed to understand, prevent and address potential risks associated with gambling. "These research projects are critical to the continued success of the industry ...