MGM Resorts (MGM), Grupo Globo to Launch BetMGM in Brazil

MGM Resorts International (MGM) has taken a significant step forward in its global expansion strategy by forming a strategic alliance with Grupo Globo, the largest media group in Latin America. Together, the companies aim to secure a sports betting and iGaming license in Brazil, one of the most promising emerging markets in the gaming industry.The newly established venture will launch under the BetMGM brand if the license is approved later this year, with plans to go live in early 2025. By combining MGM Res ...