Tag: Adam Greenblatt
Sportsbook chiefs project record NFL betting season
8 September 2025 at 7:32am UTC-4
Sports betting companies DraftKings and BetMGM have reported record activity heading into the NFL kickoff, forecasting it could be the busiest betting season.
Jason Robins ...
BetMGM revenue, cash flow surge
29 July 2025 at 12:36pm UTC-4
Second-quarter net revenue for BetMGM shot up 36% and cash flow leapt from US$8 million to US$86 million. The company released those numbers in the predawn hours of 29 July ...
BetMGM looks toward premium customers for growth
29 July 2025 at 12:33pm UTC-4
“Our business has truly inflected,” BetMGM CEO Adam Greenblatt said of his company’s second-quarter earnings during a 29 July investor call.
BetMGM reported US$692 ...
BetMGM announces partnership with Las Vegas Aces
29 May 2025 at 7:03am UTC-4
BetMGM has partnered with the Las Vegas Aces, a member of the Women’s National Basketball Association.
BetMGM will become the official and exclusive sportsbook and casino ...
BetMGM first-quarter profit tops expectations and guidance
28 April 2025 at 1:47pm UTC-4
BetMGM CEO Adam Greenblatt and CFO Gary Deutsch fielded analyst questions April 28 in a brisk half-hour earnings call recapping the first quarter. The company exceeded Wall Street ...
BetMGM sees net revenue growth in fourth-quarter earnings
14 February 2025 at 7:19am UTC-5
Sports entertainment and hospitality company MGM Resorts International reported US$140 million in fourth-quarter net revenue, a 15% year-over-year increase.
BetMGM is a joint ...
BetMGM execs bullish, despite wider losses
4 February 2025 at 12:32pm UTC-5
BetMGM’s losses grew from US$97 million in 2023 to US$291 million in 2024. Negative return on investment went from US$62 million to US$244 million.
Even so, “We are an ...
BetMGM secures exclusive rights to Freemantle’s Family Feud and The Price Is Right brands
20 January 2025 at 9:53am UTC-5
BetMGM has announced a multiyear partnership with Fremantle, giving the operator exclusive rights to slots, table games, and non-traditional casino games based on iconic game ...
