by Adia Randall | Jul 8, 2020 5:24 pm | Sports Betting
Shareholders in BetMGM have announced the second round of investment into the betting platform making the total investment rise to $450 million BetMGM is expected to continue its growth in the US sports betting market by making over $130 million in revenue and...
by Adia Randall | Jul 6, 2020 5:06 pm | Sports Betting
A Las Vegas sportsbook lost almost a quarter-million dollars from odds that were shown to be made after the games started because the book posted the wrong start time. The bets were made on Korean and Chinese baseball games and one bettor won over $100,000 on a $250...
by Christina Monroe | Feb 27, 2020 4:02 pm | Sports Betting
Major League Soccer now has its first official data provider from a partnership with Second Spectrum. The data provided by the company will be helpful to MGM Resorts, another partner of the League and their sportsbooks. More gambling on soccer matches is expected to...
by Giovanni Shorter | Feb 26, 2020 9:10 am | Sports Betting
BetMGM launches in Indiana, becoming the fifth online sportsbook to launch in the state. BetMGM will have stiff competition if they wish to dominate the Indiana market. Online sports betting takes the majority of sports bets in Indiana. INDIANAPOLIS – Indiana...
by Daniel Borjas | Feb 14, 2020 12:02 pm | Sports Betting
Net revenues for MGM Resorts have increased to $3.2 billion. The EBITDAR for the company has seen a decrease from Q3 to Q4. MGM expects growth in 2020 thanks to more states legalizing sports betting. LAS VEGAS – MGM Resorts have released their Q4 revenue reports...
