STOCK TITAN

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.

Rhea-AI Summary

BetMGM announced the appointment of Rhea Loney as the new Chief Compliance Officer, enhancing its compliance and regulatory framework as it rapidly expands. Loney, with a strong background in compliance from her previous role at Penn Interactive, will oversee critical compliance areas including licensing, AML, and responsible gaming. Her experience includes launching several major sportsbook platforms across multiple states. The company aims to strengthen its position in the market through this strategic hire, ensuring adherence to regulatory requirements.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.87%
Tags
none
-
Rhea-AI Summary

BetMGM announces its partnership with the Cincinnati Reds as the Official Sports Betting Partner, strengthening its presence in Ohio ahead of the January 1, 2023 launch of legalized sports betting. A retail sportsbook will open at Great American Ball Park, enhancing fan experiences with year-round betting options. The multi-year agreement includes prominent BetMGM signage and VIP experiences for fans. This partnership follows BetMGM’s ongoing relationship with Major League Baseball, aimed at expanding its market reach and emphasizing responsible gaming education.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.46%
Tags
none
-
Rhea-AI Summary

BetMGM launched a new commercial featuring hockey legends Wayne Gretzky and Connor McDavid, coinciding with the upcoming NHL season. The humorous spot showcases the players' interactions, emphasizing BetMGM's app. Created by 72andSunny and directed by Peter Berg, the campaign promotes BetMGM's 'IT'S ON' initiative. McDavid joined as a brand ambassador in March, alongside Gretzky, who has been with BetMGM since June 2021. The BetMGM app focuses on responsible gaming education, integrating tools like GameSense for users.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
Tags
none
News
Rhea-AI Summary

BetMGM announced the launch of NHL-branded casino games, including roulette, blackjack, baccarat, and the live Money Wheel game, Dream Catcher, available in New Jersey, Ontario, Pennsylvania, and Michigan. Developed with Evolution, these games feature immersive 3D animations and interactive elements. This partnership aims to enhance fan engagement with the NHL. BetMGM emphasizes responsible gaming through its GameSense program. The initiative is set against a backdrop of BetMGM's ongoing expansion into new markets, reinforcing its competitive position in the gaming industry.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.86%
Tags
none
-
Rhea-AI Summary

BetMGM has appointed Vanessa Hudgens as its new celebrity brand ambassador to enhance its marketing efforts across iGaming and Casino platforms. Known for her role in High School Musical, Hudgens aims to engage diverse audiences through innovative promotional strategies. BetMGM, a prominent name in sports betting and gaming, focuses on responsible gaming and offers resources like GameSense to assist players. This partnership is set against the backdrop of BetMGM's continued expansion into new markets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.98%
Tags
none
-
Rhea-AI Summary

The largest online gaming operators in the U.S. have established the first industry-led responsible gaming standards through a 12-point pledge aimed at promoting responsible online gaming. This initiative coincides with Responsible Gaming Education Month as designated by the American Gaming Association. Key participants include Bally's, BetMGM, DraftKings, Entain, FanDuel, and MGM Resorts International. The principles focus on preventing underage gaming, promoting informed choices, and fostering a responsible gaming culture. Operators will also collaborate with policymakers and experts to address problem gaming effectively.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.98%
Tags
none
Rhea-AI Summary

BetMGM has partnered with NBC Sports for the 2022 NFL season, integrating betting insights into shows like Football Night in America. The collaboration features segments hosted by Chris Simms and Matthew Berry, providing real-time betting odds and analysis. NBC's digital platforms will also highlight BetMGM's odds in various content. This partnership aims to engage football fans and expand BetMGM's market presence while promoting responsible gaming through GameSense. Both companies anticipate strong viewer engagement and innovative activation opportunities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.13%
Tags
partnership
-
Rhea-AI Summary

On September 8, 2022, BetMGM and the Arizona Cardinals unveiled the first sportsbook at an NFL stadium, located at State Farm Stadium. This innovative 17,000-square-foot venue features a 265-square-foot video wall, 38 TVs, and over 25 betting kiosks, with capacity for 500 guests. The sportsbook will operate year-round, offering entertainment options including live music and comedy. Open to the public on September 11, 2022, the launch aims to enhance fan engagement and complement BetMGM's mobile offerings in Arizona.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.07%
Tags
none
-
Rhea-AI Summary

BetMGM launched its new advertising campaign, "IT'S ON," featuring celebrities like Jamie Foxx and Vanessa Hudgens, aimed at engaging sports fans through a unique blend of entertainment and sports betting. The campaign will debut on national television during Thursday Night Football on September 8. This episodic series showcases various sports icons interacting in fun scenarios, promoting the BetMGM app available on multiple platforms. BetMGM emphasizes responsible gaming while expanding its reach across new markets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.42%
Tags
none
Rhea-AI Summary

MGM Resorts International and BetMGM are partnering with the American Gaming Association to launch Responsible Gaming Education Month in September 2022. This initiative aims to enhance consumer education, community engagement, and employee training as the gaming industry grows. Key activities include sharing responsible gaming tips on social media and participating in the AGA's public service campaign. More than 62,000 MGM employees have received GameSense training to promote responsible gaming. BetMGM has also trained 1,000 employees, marking a significant commitment to player health and community awareness.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
Tags
none

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
Link
United States of America
Douglas