Back-To-SPAC: Former MGM CEO Launches Second Online Gambling-Focused Corp
Former MGM CEO Jim Murren is leading a second SPAC targeting the online gambling industry along with Eilers partner Chris Grove. Read More
Posted on: February 24, 2021 |
LSR Q+A: Jason Ader On Finding The Tesla Of Online Gambling
Renowned investor Jason Ader takes LSR through the options for his next SPAC and explains why MGM will ultimately end up with Entain. Read More
Posted on: January 29, 2021 |
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 |
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 |
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 |
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 |
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 |
This Media Giant Just Made A $1 Billion Bet on MGM’s Online Potential
Nasdaq-listed IAC says MGM is a "once in a decade" investment opportunity thanks to the potential for its nascent online gambling business. Read More
Posted on: August 10, 2020 |
MGM Exec: Esports Betting Upside Uncapped Thanks To Low Competition
Lovell Walker, head of esports at MGM, said esports betting had “unknown upside” because no-one had really taken time to figure out the sector yet. Read More
Posted on: July 27, 2020 |
GVC, MGM Pledge To Spend ‘Whatever It Takes’ With DraftKings In Their Sights
GVC's Kenny Alexander says the size of the US sports betting prize has grow significantly since Roar Digital was formed and GVC is investing accordingly Read More
Posted on: July 8, 2020 |