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ENTAIN PLC UNSP/ADR - GMVHY STOCK NEWS

Welcome to our dedicated page for ENTAIN PLC UNSP/ADR news (Ticker: GMVHY), a resource for investors and traders seeking the latest updates and insights on ENTAIN PLC UNSP/ADR stock.

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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A coalition of major online gaming operators has expanded to include Fanatics Betting and Gaming, Hard Rock Digital, and PointsBet. This brings the coalition to nine members, emphasizing a commitment to 12 responsible gaming principles with plans for external review. Key projects include the launch of responsible gaming tools, appointments of gaming ambassadors, advocacy for a national helpline, and research partnerships with leading institutions. The coalition aims to create a safe gaming environment while enhancing educational resources for players. Members are committed to continuous improvement and transparency in their responsible gaming efforts.

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VIZIO (NYSE: VZIO) has launched an exclusive entertainment series, 3 Pointers, in collaboration with BetMGM, premiering on March 17th. The four-part series, hosted by Casey Webb, features game day recipes and entertainment tips for college basketball fans. Aimed at enhancing the viewing experience, this series marks a unique partnership between media and sports betting. Available on the VIZIO home screen and WatchFree+, 3 Pointers intends to connect audiences with brands innovatively during the college basketball tournament.

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BetMGM has announced the launch of its mobile sports betting app in Massachusetts, complementing its existing retail sportsbook located at MGM Springfield. This launch is expected to enhance customer engagement, especially during a peak sports season. Users can enjoy a range of betting options, including live in-play and futures wagers, and benefit from the MGM Rewards program. This initiative follows BetMGM's recent partnership with the Boston Red Sox, further solidifying its presence in the Massachusetts market. The launch emphasizes BetMGM's commitment to responsible gambling with educational resources for users.

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On March 8, 2023, BetMGM launched the Wheel of Fortune Online Casino in New Jersey, marking the first brand-led online casino in North America. Collaborating with IGT (NYSE: IGT), the platform features America's Game®-branded slot titles and additional themed games. BetMGM aims to provide an innovative gaming experience, leveraging the iconic Wheel of Fortune brand, which celebrates its 40th season. Players can enjoy the casino via iOS, Android, and desktop. The launch reflects BetMGM's commitment to responsible gaming, partnering with MGM Resorts to offer gaming education resources.

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BetMGM has announced its partnership with the Boston Red Sox, becoming the official sports betting partner for the iconic MLB team. This partnership marks BetMGM's first collaboration with a Massachusetts sports team, coinciding with the state's upcoming mobile sports betting launch. BetMGM will enhance the fan experience at Fenway Park with signage, VIP experiences, and co-branded content. The partnership solidifies a strong relationship with MGM Resorts, the official resort casino for the Red Sox. BetMGM emphasizes responsible gaming through its GameSense program as it enters this new market.

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MGM Resorts (NYSE: MGM) and BetMGM have announced a five-year contract extension with the British Columbia Lottery Corporation (BCLC) for their responsible gaming program, GameSense. This partnership aims to enhance customer service by promoting positive conversations about responsible gambling. The agreement, coinciding with Problem Gambling Awareness Month, will involve further commitments to research and responsible gaming practices. MGM Resorts has integrated GameSense into all its platforms, reaching over 100,000 customers monthly with responsible gaming information. The contract extension is set to strengthen efforts in responsible gaming as sports betting and iGaming continue to expand.

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MGM Resorts International (NYSE:MGM) and BetMGM have launched MGM Riches, their first custom omnichannel slot experience. This multi-denomination, multi-level progressive slot game features two themes: 'MGM Riches Triple Ruby' and 'MGM Riches 5x Sapphire.' Players can access this game online via BetMGM and at MGM properties in 15 U.S. states, with an upcoming launch in West Virginia. This initiative integrates MGM Rewards and BetMGM Rewards, allowing players to earn Tier Credits and redeem rewards across both platforms. The launch aims to enhance the gaming experience and engagement for customers.

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BetMGM has announced a groundbreaking pledge to enhance the visibility of responsible gaming messages in its marketing, starting March 1, 2023, in alignment with Problem Gambling Awareness Month. This initiative includes promoting responsible gaming within the BetMGM mobile app and across various advertising platforms, including billboards and social media, in the U.S. and Canada. Developed in collaboration with GameSense, the program offers tools for setting spending limits and addressing gambling myths. BetMGM aims to lead the industry in responsible gaming, with CEO Adam Greenblatt highlighting the importance of research in addressing problem gambling issues.

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Anaxi, Aristocrat's online Real Money Gaming business, has formed a strategic partnership with BetMGM, enabling the exclusive delivery of Aristocrat’s gaming content on BetMGM's online casino platform. This collaboration marks the launch of Anaxi's gaming content in North America, enhancing BetMGM's offerings with iconic games from Aristocrat. Anaxi, established in 2022, aims to innovate online gaming experiences through its creative technology and global content studios. The partnership aligns with BetMGM's commitment to responsible gambling and broad market expansion.

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On January 31, 2023, BetMGM announced the launch of retail sports betting at MGM Springfield, Massachusetts, marked by the first legal wager placed by Springfield Mayor Domenic J. Sarno and hockey legend Ray Bourque. BetMGM CEO Adam Greenblatt emphasized the sportsbook as a premier destination for local sports fans, featuring a 45-foot LED wall and multiple betting kiosks. The integration with MGM Rewards enhances user experience, offering rewards redeemable at various MGM Resorts. Local officials, including State Senator Adam Gomez, highlighted the economic benefits, projecting $20-$30 million in revenue from sports betting in Massachusetts.

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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 $8.81 as of October 15, 2024.

What is the market cap of ENTAIN PLC UNSP/ADR (GMVHY)?

The market cap of ENTAIN PLC UNSP/ADR (GMVHY) is approximately 6.0B.

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

OTC:GMVHY

GMVHY Rankings

GMVHY Stock Data

5.95B
596.21M
0.01%
Gambling
Consumer Cyclical
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United States of America
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