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Entain (GMVH.F) Earnings Call Presentation
2025-07-29 13:00
Financial Performance & Outlook - BetMGM's 2Q 2025 net revenue reached $692 million, with a year-over-year growth of 36%[14,35] - 2Q 2025 EBITDA was $86 million, marking a $78 million improvement year-over-year[14] - 1H 2025 net revenue totaled $1.35 billion, showing a 35% increase compared to the previous year[14,35] - 1H 2025 EBITDA reached $109 million, a $232 million improvement year-over-year[14,40] - The company projects at least $2.7 billion in net revenue and at least $150 million in EBITDA for the full year 2025[16,43] iGaming - iGaming net revenue for 2Q 2025 was $449 million, up 29% year-over-year[35,46] - iGaming net revenue for 1H 2025 was $891 million, up 28% year-over-year[35] - Player volume in iGaming increased by 38% year-over-year in 1H 2025[20] - Player engagement in iGaming increased by 34% year-over-year in 1H 2025[20] Online Sports - Online sports net revenue for 2Q 2025 was $228 million, a 56% increase year-over-year[35,46] - Online sports net revenue for 1H 2025 was $422 million, a 61% increase year-over-year[35] - The player base for online sports grew by 70% year-over-year in 1H 2025[25]
Derek Jeter Joins BetMGM's Team of Legendary Ambassadors
Prnewswire· 2025-07-14 10:00
Core Points - BetMGM has announced a multiyear partnership with baseball legend Derek Jeter, who will serve as the brand ambassador and feature in national marketing campaigns [1][2] - Jeter will be involved in promoting responsible gambling initiatives and will appear in an exclusive Jeter-themed slot game, marking a unique offering in the online casino space [1][2] - The partnership aims to enhance BetMGM's brand presence and community engagement, leveraging Jeter's universal appeal and reputation for excellence [2][3] Company Overview - BetMGM is a leading sports betting and iGaming operator, formed through a partnership between MGM Resorts International and Entain Plc, and is headquartered in New Jersey [6] - The company offers a range of online gaming services, including sports betting and major tournament poker, utilizing state-of-the-art technology [6] - BetMGM is committed to responsible gaming, providing resources like the GameSense program to ensure a safe and entertaining experience for customers [4][6]
Score the Draft Party of a Lifetime with Marriott Bonvoy and BetMGM
Prnewswire· 2025-07-09 13:30
Core Insights - BetMGM and Marriott Bonvoy have launched a unique rewards collaboration that allows players to link their accounts and earn rewards points for sports betting and iGaming activities [6] - A special fantasy football draft weekend event will be hosted in Las Vegas, featuring former All-Pro quarterback Matt Ryan, providing participants with insider insights and real-time reactions [2][3] Company Overview - BetMGM is a leading sports betting and gaming entertainment company, formed through a partnership between MGM Resorts International and Entain Plc, and has exclusive access to MGM's U.S. sports betting and online gaming operations [9][10] - Marriott Bonvoy is Marriott International's travel program, offering members access to a wide range of hotel brands and experiences globally [11] Event Details - The fantasy football draft event will take place at the BetMGM Sportsbook at ARIA Resort & Casino, including a three-night stay at The Cosmopolitan of Las Vegas, round-trip flights, and a $6,000 MGM Resorts credit for dining and spa experiences [3] - Participants can enter the sweepstakes by linking their BetMGM and Marriott Bonvoy accounts through the BetMGM app from July 9 to July 30, with the opportunity to enter up to three times [4] Marketing Strategy - The collaboration aims to create exceptional experiences for sports fans, enhancing customer engagement and loyalty through unique events and rewards [3][6] - BetMGM continues to focus on responsible gaming, providing resources and tools to ensure a safe gaming environment for its customers [7]
TAPPP & BetMGM Announce Distribution of BetMGM Gift Cards in Ontario, Canada
Prnewswire· 2025-07-08 12:00
Core Insights - BetMGM has launched its gift cards in Canada, marking the first sportsbook-branded gift card available in the country across 2,500 retail locations [1][2] - The gift card program allows players to fund their iGaming and sportsbook accounts securely via PIN redemption, with a 99% redemption rate reported in the U.S. [2][3] - Ontario is identified as a strong market for sports betting and iGaming, with BetMGM being a top-tier operator in the region [3] Company Overview - TAPPP is a leader in flexible payment options and has established a retail network covering over 50,000 locations across the U.S. and Canada [7] - BetMGM is a market leader in sports betting and gaming entertainment, formed through a partnership between MGM Resorts International and Entain Plc, and offers various online gaming services [8] Market Expansion - The BetMGM gift card program initially launched in the U.S. in September 2021 and has since expanded rapidly across 15 states [3] - The introduction of gift cards in Canada represents a significant step in BetMGM's expansion strategy into new jurisdictions [2][3] Responsible Gaming - BetMGM emphasizes responsible gaming education and provides resources through the GameSense integration on its platforms [4]
Inspired Launches Virtual Sports With BetMGM in Brazil via Kambi’s Engage Platform
Globenewswire· 2025-07-02 12:30
Core Insights - Inspired Entertainment, Inc. has launched its Virtual Sports products with BetMGM in Brazil, marking a significant step in its expansion in Latin America [1][3] - The initial offering includes V-Play Football (Brazil), a game specifically designed for the Brazilian market, enhancing the local betting experience [2][4] - This launch is part of BetMGM's broader international expansion strategy, supported by Kambi's technology to ensure a high-performance betting experience [3][4] Company Overview - Inspired Entertainment provides a diverse portfolio of gaming content, technology, hardware, and services for regulated gaming operators globally, operating in approximately 35 jurisdictions [5] - The company supplies gaming systems for around 50,000 gaming machines and offers Virtual Sports products through over 32,000 retail venues [5] - Inspired's products cater to a wide range of players, creating new revenue opportunities for operators [5] Partnership Dynamics - The collaboration with BetMGM and Kambi aims to deliver localized, high-quality gaming experiences, particularly focusing on the passion for football in Brazil [4] - Kambi enhances its offerings through this partnership, integrating Inspired's Virtual Sports portfolio into its Kambi Engage platform [4][8] - BetMGM emphasizes its commitment to innovative and personalized experiences that resonate with Brazilian culture and sports enthusiasm [4]
Inspired Entertainment and BetMGM Launch Hybrid Dealer® Roulette 4-Ball Extra Bet
Globenewswire· 2025-06-18 12:30
Core Insights - Inspired Entertainment, Inc. has launched the first US deployment of the Hybrid Dealer Roulette 4-Ball Extra Bet game in partnership with BetMGM under a three-month exclusive agreement [1][8] - The game features innovative 4-Ball Extra Bets, allowing players to place side bets with potential payouts reaching up to 500/1, enhancing the traditional roulette experience [2][3] Company Overview - Inspired Entertainment is a leading provider of B2B gaming content, systems, and solutions, operating in approximately 35 jurisdictions worldwide and supplying gaming systems for around 50,000 gaming machines [9] - The company offers a diverse portfolio that includes gaming, Virtual Sports, interactive products, and amusement entertainment solutions [9] Product Features - The Hybrid Dealer Roulette 4-Ball Extra Bet is part of the Hybrid Dealer portfolio, which combines original game design with patented technology to create a unique gaming experience [2][4] - This game introduces an inner wheel with four additional balls, allowing for new wagering options and enhancing player engagement through features like hot and cold numbers [3][6] Technological Innovation - The Hybrid Dealer platform is recognized for replicating the excitement of a live casino while providing operational advantages, featuring stunning Virtual CGI visuals and pre-recorded hosts [5][4] - The technology ensures ultra-realistic action and smooth visual transitions, creating an engaging environment that fosters social interaction among players [6][7] Market Impact - The introduction of Hybrid Dealer Roulette 4-Ball Extra Bet is expected to set a new standard in digital roulette gaming, combining innovation, realism, and social interaction [7] - BetMGM views this partnership as a significant milestone in enhancing their online casino offerings, aiming to deliver innovative gaming experiences to players [8]
BetMGM Champions Women's Sports with Las Vegas Aces and WNBA Partnerships
Prnewswire· 2025-05-28 13:30
Core Insights - BetMGM has entered into a partnership with the Las Vegas Aces, becoming the exclusive online casino and sportsbook partner for the WNBA team through the 2027 season, marking its first major collaboration with a women's professional sports franchise [1][2][3] - The partnership includes various promotional activities, such as signage at the Michelob ULTRA Arena, sponsorship on Aces' social media, and exclusive experiences for BetMGM players [1][2] - BetMGM will also serve as an authorized gaming partner of the WNBA, gaining commercial inventory on nationally televised games and the rights to co-branded content [2][3] Partnership Details - The "BetMGM Steals for Meals" program will donate $50 to The Just One Project for every steal made by the Aces during home games, aimed at supporting food-insecure families [3][4] - BetMGM plans to launch a WNBA-branded online slot game, which will be the first-ever WNBA online casino game, available exclusively on its platform [2][3] Market Growth - BetMGM reported a 133% year-over-year growth in betting on the WNBA during the 2024 season, reflecting the increasing popularity of women's sports [4] - The WNBA has seen significant growth in fan engagement, and BetMGM aims to leverage this momentum by expanding its betting markets and enhancing fan experiences [5] Company Background - BetMGM is a leading sports betting and gaming entertainment company, formed through a partnership between MGM Resorts International and Entain Plc, and has exclusive access to MGM's U.S. sports betting and online gaming operations [7] - The Las Vegas Aces have achieved notable success, including back-to-back WNBA Championships in 2022 and 2023, and have established a strong fan base, selling out their season ticket allotment in 2024 [8][9]
Century Casinos Announces Sports Betting Partnership with BetMGM in Missouri
Prnewswire· 2025-05-27 12:00
Core Viewpoint - Century Casinos, Inc. has entered a long-term agreement with BetMGM to introduce BetMGM's sports betting platform in Missouri, enhancing its market presence and revenue potential [1][2][3]. Group 1: Agreement Details - BetMGM will operate an online and mobile sports betting application under Century's license in Missouri, including a percentage of net gaming revenue payable to Century with a guaranteed minimum [2]. - The agreement also allows for retail sportsbook options to be exercised at Century's discretion [2]. Group 2: Company Statements - Century Casinos' Co-CEOs expressed excitement about the partnership with BetMGM, highlighting it as a step forward in leveraging their Missouri licenses and providing premium entertainment experiences [3]. - The agreement is contingent upon obtaining all necessary gaming licenses and regulatory approvals [3]. Group 3: Company Overview - Century Casinos operates various casino entertainment properties across the United States, Canada, and Poland, with a focus on expanding its portfolio [5]. - The company trades on The Nasdaq Capital Market under the symbol CNTY [6].
MGM Resorts International(MGM) - 2025 Q1 - Earnings Call Presentation
2025-04-30 20:47
Sports betting and gaming entertainment company in 29 North American jurisdictions MGM Resorts International INVESTOR PRESENTATION 04.30.2025 OUR MISSION: TO BE THE WORLD'S PREMIER GAMING & ENTERTAINMENT COMPANY Operator of 18 properties in the United States and Macau Development underway with an integrated resort in Japan and resort in Dubai MGM Digital Online sports betting and iGaming operator in 11 jurisdictions in Europe, Canada, and South America1 1. Includes all active jurisdictions Brick and Mortar ...