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Entain PLC UNSP/ADR, traded under the symbol GMVHY, is a leading sports betting and iGaming operator. In partnership with MGM Resorts International, Entain operates BetMGM, a premier online gaming platform offering sports betting, major tournament poker, and online gaming experiences. With exclusive access to MGM's U.S. land-based and online sports betting businesses, BetMGM provides users with a diverse array of betting options across various sports and events. Committed to responsible gaming, BetMGM offers resources like GameSense to promote safe and enjoyable wagering experiences. Headquartered in New Jersey, BetMGM continues to expand its market presence and deliver cutting-edge entertainment to its customers.
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BetMGM partners with Charlotte Motor Speedway to enhance race day experience and introduces mobile sports betting in North Carolina. The platform offers expanded pre-game and in-game options, real-world rewards, and Same-Game Parlay+ feature. BetMGM focuses on responsible gambling education through GameSense program.
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BetMGM launches a new ad featuring NHL MVP Connor McDavid emphasizing responsible gaming tools. The ad will be broadcasted on digital platforms in North America.
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MGM Resorts and BetMGM partner with Kindbridge to support problem gambling research and mental health services, with MGM donating $100,000 for a medication trial for veterans with gambling addiction.
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BetMGM partners with a major social media platform to integrate live sports betting odds, expanding reach to engaged audience. Users can access betting odds on pro football with plans to include other sports. The partnership aims to enhance user experience and promote responsible gaming.
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BetMGM, LLC reported a strong financial performance for FY 2023, with a 36% year-over-year growth in net revenue from operations, reaching $1.96 billion. The company achieved positive EBITDA in the second half of 2023. It also expanded its presence in four new markets and secured market access with Charlotte Motor Speedway. BetMGM was recognized as Digital Operator of the Year and Online Casino of the Year, among other awards. The company aims to target approximately $500 million of EBITDA in 2026.
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BetMGM, LLC, a leading sports betting and iGaming operator in the U.S., jointly owned by MGM Resorts International and Entain plc, will release an update on its FY 2023 performance. The update will be released on February 8, 2024. MGM Resorts International and Entain Group will also release their Q4 and FY 2023 results on February 13th and March 7th, 2024, respectively.
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BetMGM launches newly designed mobile sports betting app in Las Vegas, offering expanded prop and parlay wager options, live streaming, digital deposits and withdrawals, and rewards connectivity. The app also features Same-Game Parlay+ and integrates responsible gambling education. BetMGM operates in 28 markets with mobile and retail offerings.
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BetMGM, a leading sports betting and iGaming operator, has debuted a star-studded teaser campaign featuring Tom Brady, Wayne Gretzky, and Vince Vaughn for their first-ever Big Game television spot. The campaign aims to put BetMGM front and center during the Big Game and showcases Las Vegas as the company's home. The ads are part of a broader strategy to amplify the brand to various audiences, including hosting events and promotions leading up to the Big Game. BetMGM also emphasizes responsible gambling education as a key focus, providing resources to help customers play responsibly.
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BetMGM (BETM) to Host Big Game Bash Concert Headlined by Luke Combs at The Cosmopolitan of Las Vegas
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MGM Resorts International (NYSE: MGM) donates $360,000 to the International Center for Responsible Gaming (ICRG) to support 2-year research projects addressing potential risks associated with gambling.
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FAQ
What is the current stock price of ENTAIN PLC UNSP/ADR (GMVHY)?
The current stock price of ENTAIN PLC UNSP/ADR (GMVHY) is $8.8 as of December 20, 2024.
What is the market cap of ENTAIN PLC UNSP/ADR (GMVHY)?
The market cap of ENTAIN PLC UNSP/ADR (GMVHY) is approximately 6.6B.
What is GMVHY?
GMVHY is the stock symbol for ENTAIN PLC UNSP/ADR, a leading sports betting and iGaming operator.
What does BetMGM offer?
BetMGM, operated by Entain in partnership with MGM Resorts International, provides users with sports betting, major tournament poker, and online gaming experiences.
Where is BetMGM headquartered?
BetMGM is headquartered in New Jersey, showcasing its commitment to the U.S. market.
How does BetMGM promote responsible gaming?
BetMGM offers resources like GameSense to help customers play responsibly and ensure a safe digital betting experience.
What sets BetMGM apart?
BetMGM's exclusive partnership with MGM Resorts International gives it access to a wide range of betting options and market-leading brands to deliver top-notch entertainment to its users.
ENTAIN PLC UNSP/ADR