Acquisitions, BetMGM Investment Part of Entain Growth Plans

BetMGM parent Entain reported a solid year of growth, with plans to spend on acquisitions in 2022. Entain’s overall revenue in the fiscal year 2021 was up 7% year-over-year from $4.85 billion to $5.19 billion, according to a Thursday presentation. Online revenue jumped 12%, $3.67 billion to $4.10 billion, while retail revenue dropped 8% from $1.14 billion to […] Read More
Posted on: March 8, 2022 | Sports Betting | Pat Evans

Could Entain Bid Again Be On The Table For BetMGM?

MGM Resorts found some extra cash in the couch cushions that could spur another important acquisition to help BetMGM. Talk of an MGM acquisition of Entain reheated when news of the MGM Growth Properties sale emerged Wednesday morning. Those talks cooled substantially after earlier this year when Entain rejected an $11 million bid in January. […] Read More
Posted on: August 5, 2021 | Sports Betting | Pat Evans
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