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MGM Resorts International and Entain Notice of BetMGM 1Q 2025 Business Update and Conference Call

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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.

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LAS VEGAS, April 17, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") will release a business update for the period January 1 – March 31 2025 ("1Q") on Monday April 28 2025 at 7:00am ET / 4:00am PT (12:00pm UK).

BetMGM management will host a conference call including Q&A at 9:00am ET / 6:00am PT (2:00pm UK). Details to join the audio webcast will be available on our website: http://investors.mgmresorts.com/investors/events-and-presentations/

Upcoming Dates:

April 29:          Entain 1Q 2025 Results
April 30:          MGM Resorts International 1Q 2025 Results


Contacts:

 

BetMGM


Witek Wacinski – SVP Strategy & Development                                            witek.wacinski@betmgm.com

 


  MGM Resorts International

  Investment Community

  Sarah Rogers – Senior Vice President, Corporate Finance                                srogers@mgmresorts.com

  Howard Wang – Vice President, Investor Relations                                             hwang@mgmresorts.com

 

  News Media

  Brian Ahern - Executive Director, Communications                                               media@mgmresorts.com


 

Entain plc                                      


Investor Relations                                                                                           investors@entaingroup.com

 

Media                                                                                                                     media@entaingroup.com



About BetMGM

BetMGM is a market leading sports betting and gaming entertainment company, pioneering the online gaming industry. Born out of a partnership between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT), BetMGM has exclusive access to all of MGM Resorts' U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. Utilizing Entain's U.S.-licensed, state-of-the-art technology, BetMGM offers sports betting and online gaming via market-leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit www.betmgminc.com

About MGM Resorts International

MGM Resorts International (NYSE: MGM) is an S&P 500® global gaming and entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 31 unique hotel and gaming destinations globally, including some of the most recognizable resort brands in the industry. The Company's 50/50 venture, BetMGM, LLC, offers sports betting and online gaming in North America through market-leading brands, including BetMGM and partypoker, and the Company's subsidiary, LV Lion Holding Limited, offers sports betting and online gaming through market-leading brands in several jurisdictions throughout Europe. The Company is currently pursuing targeted expansion in Asia through an integrated resort development in Japan. Through its Focused on What Matters philosophy, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests and in the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine's World's Most Admired Companies®. For more information, please visit us at www.mgmresorts.com. Please also connect with us @MGMResortsIntl on X as well as Facebook and Instagram.

About Entain plc

Entain plc (LSE: ENT) is a FTSE100 company and is one of the world's largest sports betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports brands include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet, Sports Interaction, STS and SuperSport; Gaming brands include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino. The Group operates the TAB NZ brand as part of a long-term strategic partnership with TAB New Zealand. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations, provides services to a number of third-party customers on a B2B basis.

The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US. Entain provides the technology and capabilities which power BetMGM as well as exclusive games and products, specially developed at its in-house gaming studios. The Group is tax resident in the UK and is the only global operator to exclusively operate in domestically regulated or regulating markets operating in over 30 territories.

Entain is a leader in ESG, a member of FTSE4Good, the DJSI and is AAA rated by MSCI. For more information see the Group's website: www.entaingroup.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/mgm-resorts-international-and-entain-notice-of-betmgm-1q-2025-business-update-and-conference-call-302431029.html

SOURCE MGM Resorts International

FAQ

When is BetMGM's Q1 2025 earnings call and how can investors access it?

BetMGM's Q1 2025 business update is on April 28, 2025, at 7:00 AM ET, followed by a conference call at 9:00 AM ET. Access details will be available at investors.mgmresorts.com.

What is the reporting schedule for MGM and Entain's Q1 2025 results?

Entain will report Q1 2025 results on April 29, while MGM Resorts will release their results on April 30, 2025.

What period does BetMGM's upcoming business update cover?

The business update covers the period from January 1 to March 31, 2025 (Q1 2025).

Who are the ownership partners of BetMGM?

BetMGM is jointly owned by MGM Resorts International (NYSE: MGM) and Entain plc (LSE: ENT).
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