Some of the sports betting world’s biggest players have reportedly turned their sights on Brazil. Companies such as DraftKings and MGM Resorts International are exploring entry into Latin America’s largest economy and its new, and regulated, online gambling market, Bloomberg News reported Wednesday (April 3). The report noted that Brazil —...
MGM Resorts International achieved its first quarter of profitability on its investment in the online gaming joint venture, BetMGM. The company’s 50% share of operating income in the third quarter was $13 million, and executives expect that business to continue to grow, according to a presentation released Wednesday (Nov....
In recent months, a group of hackers known as “Scattered Spider” has been making headlines for their involvement in major cyberattacks. This group, known for its social engineering tactics, has been linked to breaches on major casino companies, including Caesars Entertainment and MGM Resorts International. Now, they are suspected...
MGM Resorts International is trying to acquire Entain, the British parent of major online-gambling player Ladbrokes, the Wall Street Journal reports. The Journal said the cash and stock offer for the company, which is valued at about $9 billion, follows a $10 billion cash-only offer...
April 03, 2024
Some of the sports betting world’s biggest players have reportedly turned their sights on Brazil. Companies such as DraftKings and MGM Resorts International are exploring entry into Latin America’s largest economy and its new, and regulated, online gambling market, Bloomberg News reported Wednesday (April 3). The report noted that Brazil — with a population of around 200 million — has emerged […]
November 08, 2023
MGM Resorts International achieved its first quarter of profitability on its investment in the online gaming joint venture, BetMGM. The company’s 50% share of operating income in the third quarter was $13...
October 04, 2023
In recent months, a group of hackers known as “Scattered Spider” has been making headlines for their involvement in major cyberattacks. This group, known for its social engineering tactics, has...
January 03, 2021
MGM Resorts International is trying to acquire Entain, the British parent of major online-gambling player Ladbrokes, the Wall Street Journal reports. The Journal said the cash and stock offer for...
