BetMGM

One of the leading companies in the online sports betting and iGaming segment hosted a presentation Wednesday to show where the company stands and is going in the future. What Happened: BetMGM, a joint venture of MGM Resorts International (NYSE: MGM) and Entain ADR (OTC: GMVHY), shared it...

Michigan reported results for online sports betting and online casino for the month of March. The results showed how the state is becoming one of the largest in the industry despite February being its first full month of online sports betting. Online Sports Betting: Michigan reported $359...

Michigan is a "No. 1 seed for online growth" in sports betting and iGaming, BofA Securities analyst Shaun Kelley said Monday.  After a strong 10-day launch in January, online sports betting and iGaming in Michigan showed no signs of slowing down, the analyst said in an update on...

Michigan was expected to be one of the largest states for sports betting in the country after launching in 2021, and the figures from the first full month of online sports betting support the early predictions. Michigan Sports Betting, One Month In: The figures from the first full month of...

There is a growing number of companies competing in the online sports betting and iGaming market. BetMGM is one of the top players and could be making a move to grow its market share going forward. What Happened: Buffalo Wild Wings announced a partnership with BetMGM on Thursday. The BetMGM app...

Michigan legalized online sports betting and officially launched with 10 operators on Jan. 22. The results from the month of January are out and show a close race between the top four operators. What Happened: For the first 10 days of legalized online sports betting, Michigan had $115.2...

MGM Resorts International (NYSE: MGM) announced Tuesday that it will not submit a revised proposal for Entain, its BetMGM joint venture partner. While this means MGM Resorts International’s ownership will remain at 50%, the company could pursue “further structuring solutions to...

Michigan's highly anticipated launch of online sports betting is set to happen on Friday, Jan. 22. Nine companies have been approved to launch online sports betting offerings, according to Roundhill Investments. Penn National: The Barstool Sportsbook app from Penn National Gaming (NASDAQ:...

Tennessee is set to launch online sports betting on Nov. 1, becoming the only state without brick-and-mortar casinos to legalize online gambling. What Happened: Four companies have been approved to launch online sports betting with conditional licenses, according to PlayTenn. The companies are...

Further sports betting legalization and launches in additional states represents a major catalyst for a sector that has posted solid returns in 2020. The Next States To Launch: BofA Securities analyst Shaun Kelley shared takeaways in a note from a conversation with Chris Grove and...

The state of New Jersey set a new monthly record for all states with $748.6 million in September sports betting wagers. September Record: The total is up 68% year over year and passes the $668 million total from August, which was a monthly record at the time. Through the first nine months of the...

DraftKings Inc (NASDAQ: DKNG) is following up its ESPN deal with an NFL team partnership.  What Happened: The New York Giants and DraftKings announced an exclusive multiyear deal Wednesday that makes DraftKings the official sports betting, iGaming and Daily Fantasy operator for the...