Tag Archives: BetMGM

Regulatory difficulties have dogged Entain’s Q3 performance significantly according to the group’s leadership, particularly in Germany and the UK with the group facing an ongoing HMRC investigation in the latter. Expect headlines…. In his address to investors following publication of the company’s Q3 results, group Chairman Barry Gibson informed that Entain will go before the courts during Q4 and expects …

Artificial Intelligence is the next major growth driver in the betting space according to  Kambi’s CEO Kristian Nylen following the group’s Q3 earnings presentation, and is an area the company intends to take strides in. As well as announcing its achievement of significant financial targets, such as a 15% increase in revenue to €42m, Kambi today revealed a new name …

Entain Plc has outlined key initiatives to accelerate its operational strategy and improve the quality of earnings across its business portfolio.  The new plans were disclosed in Entain’s Q3 trading update, as the FTSE100 gambling group reported proforma net gaming revenue (NGR) declines across its Online and Retail units.   Q3 trading is tracked to the revised full-year EBITDA guidance of …

BetMGM has signed a new deal with Sportradar for access to products and services to be powered by official NBA optical tracking data. For the first time, the sports technology company will provide BetMGM access to ‘next-generation products and services’ that leverage NBA optical tracking data, which is provided exclusively by Sportradar through its partnership with the league.  Eduard Blonk, …

BetMGM will utilise four media and PR agencies to support the expansion of its UK operations, partnering with Recipe, Boldspace, Tomorrow Advertising and The Media Network. The MGM Resorts brand launched in the UK in August LeoVegas’ platform – the Swedish igaming group was itself acquired by the Las Vegas conglomerate in 2022 – and has been consolidating its marketing …

LeoVegas has announced a campaign in the North East to try and attract employees with the help of Newcastle United.  Being based in Newcastle itself, the MGM Resorts subsidiary has released a short film showcasing all the available jobs currently open at its regional branch, together with the Premier League side with which it currently holds a partnership contract.  In …

Entain Plc has announced the completion of its acquisition of Angstrom Sports to enhance the in-play sports betting capabilities of US joint-venture BetMGM. The deal, first announced on 17 July, will see Entain pay an initial consideration of £81m to acquire Angstrom, a dedicated specialist on sports modeling, forecasting and match analytics for all major US sports. Angstrom’s buyout is …

Kambi and LeoVegas have detailed continued momentum for their long-standing partnership, with the former supporting the UK launch of BetMGM. A so far solely US-facing brand of the MGM Resorts International group, BetMGM is being taken live in the UK using LeoVegas’ platform and utilising Kambi’s sportsbook services, including its Bet Builder and AI-powered algorithmic trading capabilities. LeoVegas Group has …

Entain remains confident in achieving its full year revenue expectations despite experiencing ‘mixed’ trading during the third quarter, according to an update this morning from FTSE100 gambling group. The company is due to announce its Q3 trading update on 2 November, but detailed to investors that some aggravating factors have posed hurdles in Q3, including ‘adverse sporting results’ impacting sports …

MGM Resorts International has extended its reach in Europe, building on its acquisition of established multinational igaming operator LeoVegas by launching its BetMGM brand in the UK. BetMGM began as a joint venture between the Las Vegas-based entertainment conglomerate and London-headquartered international group Entain. However, the UK brand will operate outside of this joint venture, using LeoVegas platform as well as …