Adjusted EBITDA, hold rates and spending per customer rose even as average monthly actives fell.
Citi analyst says MGM Resorts International would likely need to offer at least $11.3 billion for the UK-based gaming conglomerate to be successful. A surprising number, as it offered $11.1 billion last year.
Joey Weissman of New York wins the inaugural BetMGM Poker live series that featured plenty of players from Michigan, New Jersey, & Pennsylvania.
The unexpected merger would give MGM a more robust presence in online casino gaming, but it could also complicate its relationship with Entain and year-old plans to launch LeoVegas in New Jersey.
BetMGM celebrates $850 million in net revenue in 2021, a five-fold increase from 2020, as it looks ahead to Illinois, Ontario launches in 2022.
New regulator says 30 online gambling operators have already submitted applications ahead of April 4 launch; PokerStars, BetMGM, and WSOP reportedly all making plans.
The first two mainstream online poker brands have joined the collectible blockchain bandwagon by launching their own NFT projects.
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