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Entain Plc (GMVHY) delivers cutting-edge sports betting and iGaming solutions through brands like BetMGM, operating in over 30 regulated markets worldwide. This page provides investors with a comprehensive collection of official news releases and verified updates directly impacting the company's strategic position.
Access real-time information on earnings reports, regulatory developments, technology innovations, and partnership announcements. Our curated feed ensures you stay informed about operational milestones in Entain's digital transformation journey, including omnichannel platform enhancements and market expansions.
Key updates include corporate governance changes, responsible gaming initiatives, and financial performance metrics. Bookmark this page for streamlined tracking of Entain's progress in merging retail expertise with digital-first solutions across global gaming ecosystems.
BetMGM, the joint venture between MGM Resorts International (NYSE: MGM) and Entain plc (LSE: ENT), has scheduled its Q1 2025 business update for Monday, April 28, 2025. The company will release the update covering January 1 - March 31, 2025, at 7:00 AM ET.
A conference call with Q&A session will follow at 9:00 AM ET, with access details to be provided on MGM Resorts' investor website. The announcement comes ahead of both parent companies' quarterly results, with Entain reporting on April 29 and MGM Resorts following on April 30, 2025.
BetMGM, a leading sports betting and iGaming operator, has launched its first online casino commercial featuring brand ambassador Jamie Foxx. The 30-second spot titled 'Vegas Lights' debuts March 4, 2025, showcasing the connection between BetMGM's online platform and MGM Resorts International's physical locations.
The commercial follows Foxx visiting several MGM Resorts destinations in Las Vegas, including Bellagio, ARIA Resort & Casino, and MGM Grand. It highlights how players can earn in-person rewards like show tickets and resort accommodations through online play. The spot was created by Highdive agency and will air in BetMGM Casino's operating markets: Michigan, New Jersey, Pennsylvania, West Virginia, and Ontario.
BetMGM emphasizes its commitment to responsible gaming through the GameSense program, integrated within its mobile and desktop platforms, complementing existing responsible gambling tools.
MGM Resorts International (NYSE: MGM) and BetMGM have announced significant expansions in their responsible gambling initiatives, coinciding with Problem Gambling Awareness Month in March 2025. The companies have launched several key partnerships:
- A $180,000 donation to Kindbridge Research Institute for sports betting impact studies
- Nationwide expansion of BetMGM's Kindbridge Behavioral Health referral program
- Enhanced GameSense messaging deployment across digital platforms and retail sportsbooks
- Educational collaboration with UNLV Gaming Law students
Additional commitments include a $60,000 contribution to State Councils on Problem Gambling, renewed partnership with EPIC Global Solutions, and continued support of the AGA's Have A Game Plan® Bet Responsibly™ campaign. These initiatives demonstrate MGM's comprehensive approach to promoting responsible gaming and providing support services for affected individuals.
BetMGM has provided its Fiscal Year 2024 performance update, showing a Net Revenue of $2.1 billion, up 7% year-over-year. The company's iGaming segment achieved record revenue of $1.5 billion, growing 13% YoY, while Online Sports revenue increased 4% to $554 million.
Despite reporting an EBITDA loss of $244 million for FY2024, BetMGM expects to achieve positive EBITDA in 2025, with projected Net Revenue between $2.4-2.5 billion. The company maintained a 14% GGR market share in active markets, with iGaming at 22% and Online Sports at 8%.
Key operational highlights include a 14% increase in Average Monthly Actives, expansion into North Carolina and Washington D.C., and securing a $150 million revolving credit facility. The company reaffirmed its confidence in reaching $500 million EBITDA in the coming years, supported by scale, revenue growth, and operational leverage.
BetMGM has announced an exclusive multi-year partnership with Fremantle to secure online casino rights for iconic game shows 'The Price is Right' and 'Family Feud'. The collaboration will enable BetMGM to create customized slots, table games, and non-traditional casino games using these popular game show brands.
The partnership includes exclusive sponsorship integrations during select weeks of upcoming seasons for both shows. BetMGM's online casino platform currently features over 3,500 titles across North American markets and operates one of the largest state-by-state exclusive jackpot networks with more than 20 game titles.
The deal emphasizes responsible gaming through BetMGM's integration of GameSense, developed by the British Columbia Lottery , alongside existing responsible gambling tools to ensure safe digital experiences for customers.
BetMGM, a leading sports betting and iGaming operator jointly owned by MGM Resorts International (NYSE: MGM) and Entain plc (LSE: ENT), has announced it will release its FY 2024 performance update on February 4, 2025, at 7:00 a.m. Eastern Time. The company will host an audio webcast at 9:00 a.m. Eastern Time on the same day.
Additionally, MGM Resorts International will release its Q4 and FY 2024 results on February 12, while Entain plc will announce its FY 2024 results on March 6.
BetMGM has announced a significant upgrade to its customer experience by consolidating BetMGM Reward Points (BRPs) into a single account system. This enhancement allows users to access their rewards points across different jurisdictions, complementing the existing single, digital wallet feature that provides unified login credentials and cash balance accessibility. BetMGM became the first sports betting app to offer Nevada bettors nationwide connectivity through this digital wallet system in August. Players can earn rewards points through BetMGM Sportsbook, Casino, and Poker activities, which can be redeemed for odds boosts, Gametime credits, at MGM Resorts destinations, or exchanged for Marriott Bonvoy Points.
BetMGM, a leading sports betting and iGaming operator, has launched a new TV campaign for the 2024 football season featuring Academy and GRAMMY Award-winner Jamie Foxx. The campaign, directed by Brian Billow, showcases Foxx's comedic range through various character impersonations, highlighting BetMGM's brand DNA and customer-centric approach.
The series includes three spots: 'Anthem', showcasing fans' emotions and BetMGM's rewards program; 'Second Chance', promoting a new touchdown betting feature; and 'Feel Welcome', highlighting an offer for new customers. BetMGM operates in 29 markets across North America and emphasizes responsible gaming through its GameSense program.
MGM Resorts International (NYSE: MGM) and BetMGM are expanding their responsible gaming initiatives for the 2024 NFL season. They will increase GameSense® messaging at nine NFL stadiums, promoting responsible gambling practices. BetMGM plans to release new advertisements featuring brand ambassadors to highlight responsible gaming resources.
MGM Resorts is contributing $440,000 to fund responsible gaming research through partnerships with the International Center for Responsible Gaming and Kindbridge Research Institute. The company has also certified over 500 employees in its GameSense Advisor Program. Both companies will continue to partner with the American Gaming Association's Have A Game Plan.® Bet Responsibly.™ campaign to educate bettors on responsible sports wagering.
BetMGM, a leading iGaming and sports betting company, has introduced a groundbreaking feature for Nevada bettors: seamless nationwide connectivity through a single digital wallet. This innovation allows Nevada residents and visitors to wager in the state and carry their funds to BetMGM mobile markets nationwide, making it the first sports betting app to offer this convenience.
Key points:
- Users can sign up once in-person at an MGM Resorts property in Nevada
- The app is available across all U.S. BetMGM mobile markets
- New Nevada customers can receive a first bet offer of up to $250 in bonus bets
- BetMGM operates in 29 markets across North America
- The company focuses on responsible gambling education, integrating GameSense into its platforms
