MGM Resorts
MGM confirms Entain merger proposal but “no certainty” of firm offer
Land-based giant MGM Resorts International has confirmed that it has put forward an offer to acquire igaming operator Entain, formerly known as GVC Holdings, but…
Entain reveals talks with MGM Resorts over potential mega-merger
Entain, the igaming giant formerly known as GVC Holdings, has confirmed that its US joint venture partner MGM Resorts International has put forward a proposal…
The Power of Loyalty
Loyalty programs could be an untapped goldmine for casinos as they take greater control of their online destinies. However, successfully leveraging these player databases is…
MGM Resorts raises $700m from MGP units redemption
MGM Resorts International has raised $700m after arranging for real estate investment trust (REIT) MGM Growth Properties (MGP) to redeem 23.5m operating partnership units. The…
State of the Union: Elections, Scientific Games, Tennessee and more
This week’s State of the Union, in partnership with Segev LLP, covers ballot results in Maryland, Louisiana and South Dakota, the launch of legal sports…
Chinese restrictions slow MGM Resorts recovery in Q3
MGM Resorts saw its regional US properties begin to recover from their novel coronavirus (Covid-19) shut-down in the third quarter, though continuing restrictions in Macau…
ESPN veteran Ryan Spoon named BetMGM operations chief
BetMGM, the sports betting joint venture between MGM Resorts and GVC Holdings, has appointed Ryan Spoon as its new chief operating officer. Spoon most recently…
MGM offers $750m in unsecured notes to help refinance debts
Land-based giant MGM Resorts will offer $750m in unsecured senior notes to be repaid in 2028 to help it refinance its existing debts. The operator…
BetMGM signs up Jamie Foxx for new ad campaign
BetMGM, the betting and igaming joint venture between GVC Holdings and MGM Resorts, has announced that Oscar-winning actor and singer Jamie Foxx will star in…
BetMGM links up with NFL’s Las Vegas Raiders
BetMGM, the gambling brand operated via the GVC Holdings-MGM Resorts joint venture Roar Digital, has entered into a new partnership with the Las Vegas Raiders…
BetMGM becomes first betting partner of NFL’s Detroit Lions
BetMGM, the joint venture between MGM Resorts and GVC Holdings, has been named the first official sports betting partner of National Football League franchise the…
MGM appoints InterActiveCorp leadership to board
MGM Resorts International has appointed a number of executives from online media giant InterActiveCorp (IAC) to its board of directors. IAC chairman and senior executive Barry Diller…
Online potential prompts IAC to acquire $1bn MGM stake
Digital media giant InterActiveCorporation (IAC) has acquired a 12% stake in MGM Resorts International, describing the investment as a “once in a decade” opportunity. IAC,…
State of the Union: IGT-FanDuel, Wynn, NV and more
This week’s State of the Union, in partnership with Segev LLP, includes results from many of the US gaming industry’s largest operators as well as…