BetMGM Archives - Page 2 of 4 - Legal Sports Report

BetMGM Inks Partnership Deal With The Athletic For Sports Betting

Under the agreement, The Athletic will create a dedicated betting vertical known as The Athletic Betting Hub, with integrated odds from BetMGM. Read More

Posted on: January 28, 2021 | | Brad Allen

Secretive Virginia Sports Betting Rollout Trickles On With BetMGM Launch

BetMGM will join the top two US sports betting operators in the new Virginia market when the brand launches its mobile sportsbook this week. VA sports betting launched last Thursday – to the surprise of many – when FanDuel Sportsbook accepted the state’s first legal bet. Three days later, DraftKings Sportsbook went live Sunday afternoon […] Read More

Posted on: January 26, 2021 | | Matthew Waters

Which Sportsbook CEO Expects To Be ‘Dominant’ In Michigan Sports Betting?

Outgoing Entain CEO Shay Segev says the BetMGM brand has learned what works from successful launches in Tennessee and Colorado. Read More

Posted on: January 22, 2021 | | Brad Allen

MGM And Entain Recommit To BetMGM Despite Failed Takeover Talks

Entain shares fell 16% in London on news that MGM Resorts was ending its takeover efforts after two previously rejected offers. Read More

Posted on: January 19, 2021 | | Brad Allen

DC Sports Betting Could Become More Competitive With BetMGM Entry

Competition in and around the Washington DC sports betting market could ramp up as BetMGM announced an access agreement. BetMGM will offer retail and online sports betting through MLB‘s Washington Nationals. The multi-year exclusive partnership will include a sportsbook connected to Nationals Park and a mobile app permitted for use only in the immediate vicinity […] Read More

Posted on: January 12, 2021 | | Matthew Waters

What Does Entain CEO’s Sudden Departure Mean For MGM Takeover?

Entain CEO Shay Segev will join streaming platform DAZN as co-CEO in a move that could see the company fully embrace sports betting. Read More

Posted on: January 11, 2021 | | Brad Allen

MGM’s Largest Shareholder Offers Up $1 Billion To Get Entain Deal Done

Investment giant IAC said it supports the deal in because Entain's free cash flow can help fuel BetMGM's growth in the US. Read More

Posted on: January 8, 2021 | | Brad Allen

Why Entain Rejected $11 Billion Takeover Bid From Sports Betting Partner MGM

London-listed Entain turned down an $11 billion takeover offer from MGM because it “significantly undervalued” the company and its prospects. Read More

Posted on: January 4, 2021 | | Brad Allen

BetMGM Parent Teams Up With Verizon To Build Virtual Reality Betting Experiences

The companies will start the so-called "innovation alliance" by developing a virtual reality experience for viewers to watch and potentially bet on sports. Entain is behind the BetMGM platform in the US. Read More

Posted on: December 17, 2020 | | Brad Allen