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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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BetMGM has announced the inaugural BetMGM Poker Championship to be held from June 23-26, 2022, at ARIA Resort & Casino in Las Vegas. This $3,500 buy-in no-limit hold 'em tournament features a guaranteed prize pool of $1 million. A special $600 BetMGM Poker Mystery Bounty event will also take place on June 25. BetMGM aims to enhance player engagement through qualifiers and satellite tournaments, awarding prizes that include buy-ins and travel packages. The event underscores BetMGM's commitment to responsible gaming with integrated resources available for players.

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BetMGM has been awarded Casino Operator of the Year at the EGR North America Awards 2022, celebrating excellence in online gaming. This recognition highlights BetMGM's strong market position, innovative offerings, and effective customer engagement strategies. The award criteria considered product originality, brand strength, and growth metrics. BetMGM's unique state-by-state jackpot network and commitment to responsible gaming through initiatives like GameSense were pivotal in achieving this honor. The company continues to focus on expanding into new markets while ensuring player safety.

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Light & Wonder (NASDAQ: SGMS) has extended its partnership with Entain (LSE: ENT) until 2030, enhancing their collaboration in the sports betting and gaming sector. The deal, originally established in 2018, allows Light & Wonder to supply over 10,000 gaming terminals to Entain's retail locations, including Coral and Ladbrokes. The extension affirms the strength of their long-standing relationship and includes access to a vast library of over 3,000 game titles. Both companies aim to leverage their combined expertise for growth and innovation in the gaming industry.

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BetMGM has launched its online sports betting and iGaming platforms in Ontario, marking its first international expansion. Ontario is the 23rd market where BetMGM's products are available. The platform features user-friendly mobile gaming, including options for live betting and a variety of casino games. BetMGM has partnered with notable Canadian athletes like Wayne Gretzky and Connor McDavid for promotional campaigns. The company emphasizes responsible gaming through its GameSense program, offering resources to help customers play responsibly.

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BetMGM has signed AJ Andrews, the first female Gold Glove winner, as a brand ambassador and content creator. Andrews, a notable figure in sports, will represent the company across various platforms during the baseball season. She expressed excitement about advocating for women's opportunities in sports through this role. BetMGM, available in 22 markets, focuses on responsible gaming education and is known for its innovative online gaming offerings. The partnership aims to enhance brand visibility and community engagement while BetMGM continues its expansion.

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On March 29, 2022, BetMGM announced a business update event scheduled for May 12, 2022, at 11 a.m. EDT. This event aims to provide insights into the U.S. sports betting and iGaming markets, featuring presentations from key executives such as CEO Adam Greenblatt. The event will be accessible via webcast and will include a live Q&A session. BetMGM, a joint venture between MGM Resorts and Entain, is a leader in the sports betting industry, offering exclusive access to MGM's land-based and online betting platforms.

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BetMGM, a leading sports betting operator, has launched its mobile app in Illinois, expanding its presence in a major U.S. betting market. The app offers diverse betting options and unique features like the exclusive One Game Parlay and a loyalty program called BetMGM Rewards. Customers can redeem points for experiences at various MGM Resorts properties. Emphasizing responsible gaming, BetMGM integrates GameSense into its platforms. The app is available on iOS, Android, and desktop, marking a strategic growth phase for the company.

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BetMGM has signed Connor McDavid, the reigning MVP of the NHL, as its first active professional athlete brand ambassador. McDavid will appear in marketing campaigns and promotions to engage BetMGM players across North America. The announcement emphasizes BetMGM's leading position in the sports betting and iGaming market, now available in 21 markets. McDavid joins notable athletes like Wayne Gretzky in promoting the brand. BetMGM aims to expand while prioritizing responsible gaming education.

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MGM Resorts and BetMGM have enhanced their responsible gaming initiative, integrating the GameSense program across both in-person and online platforms. This initiative aims to promote informed decision-making among players, featuring QR codes on slot machines offering access to responsibly gaming resources. More than 180 staff members are now certified GameSense Advisors. The initiative coincides with Problem Gambling Awareness Month and reflects a commitment to fostering a safe gaming environment, especially as sports betting markets expand.

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BetMGM has entered a strategic partnership with SportsGrid, the first 24-hour sports wagering streaming network, to integrate BetMGM content into SportsGrid's programming. This collaboration aims to expand BetMGM's reach through advertisements on television and social media. BetMGM's odds and promotions will feature on popular SportsGrid shows, supported by access to BetMGM’s trading team for unique insights. Currently operational in 21 markets, BetMGM emphasizes responsible gaming education as it expands its online gaming services and sports betting offerings.

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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

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GMVHY Stock Data

6.61B
639.30M
0.01%
Gambling
Consumer Cyclical
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United States of America
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