Tag: BetMGM
Analysts split on BetMGM revenue forecast
17 June 2025 at 4:30am UTC-4
A pair of stock analysts offered differing takes on BetMGM’s announcement that it was raising revenue and cash-flow guidance for 2025. Their views were expressed in competing 16 ...
Fitch: Tax hikes could stunt sports betting’s growth
16 June 2025 at 4:41pm UTC-4
“Recent and proposed state sports betting tax hikes could dampen the online gaming sector’s positive growth momentum,” Fitch Ratings Associate Director David Lowenstein ...
BetMGM upgrades financial outlook for 2025
16 June 2025 at 9:00am UTC-4
MGM Resorts International and Entain co-owned BetMGM has upgraded its financial outlook for 2025, citing a sustained positive momentum from the first to the second quarter.
The ...
Illinois Gaming Board sides with BetMGM over betting dispute
9 June 2025 at 7:27am UTC-4
Illinois resident Mark Aiello has lost his appeal against the Illinois Gaming Board over BetMGM’s decision to void his bets, which would have won him US$389,000.
In March ...
New York State OSB revenue outpaces handle
9 June 2025 at 4:18am UTC-4
Online sports betting revenues of US$249 million in May represented a 22.4% surge in New York State winnings.
The increase was driven in part by 11.3% hold, compared to 10.3 ...
Push Gaming announces US debut with BetMGM partnership
6 June 2025 at 8:06am UTC-4
Online slot developer Push Gaming has launched in the US with a partnership with BetMGM in Michigan.
Residents of the state will soon be able to play Push Gaming’s portfolio ...
Illinois raises sports betting tax as part of the 2026 budget
4 June 2025 at 6:46am UTC-4
Minutes before midnight on Saturday, Illinois lawmakers passed an additional tax on sports bets.
The new tax will incur US$0.25 for every bet placed with a licensed sportsbook ...
Illinois tax increase surprises analysts
2 June 2025 at 12:43pm UTC-4
Wall Street analysts were taken aback by an 11th-hour Illinois budget measure that added handle taxes to those levied on sports book revenue. Gov. J.B. Pritzker has indicated that ...
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 Ontario player lands two jackpots in a week
28 May 2025 at 6:36am UTC-4
A BetMGM customer in Ontario has won two progressive slot jackpots in a week, landing over CA$2 million in total.
The first win was for CA$1.6 million, setting a new record for ...
