Tag Archives: BetMGM

As has been the case consistently since 2019, the Premier League stands out as the biggest market for Britain’s bookmakers, and in turn bet365, AK Bets and BetMGM seem to stand out as this year’s big operator winners. Liverpool lifted the trophy this year, marking the club’s second Premier League win and its 20th national title overall. The team enjoyed …

LeoVegas CEO Gustaf Hagman is stepping down from his leadership position at the global online casino after overseeing a period of expansion for its sports betting division. The Sweden-based, MGM International-owned company confirmed Hagman’s departure today (16 June), while also announcing that Deputy CEO Mattias Wedar will be stepping into the chief position. Hagman was one of the Co-Founders of …

Entain and MGM Resorts International have maintained profitable momentum with their BetMGM joint venture going into Q2. According to the financial preliminary for the period ending 13 June, the North America-facing operator has kept an upwards trajectory in terms of net revenue growth. Contributing to this were strong net revenue developments across both the operator’s iGaming and online sportsbook platforms …

The Dutch gambling regulator, Kansspelautoriteit (KSA), has issued an official reprimand to BetMGM over an ad featuring 17-year old footballer Lamine Yamal. The ad picturing the FC Barcelona winger violated Dutch advertising laws which prevent betting firms from using images of or partnering with individuals seen as having a lot of influence over younger demographics. The use of football players …

Entain Plc’s US prospects took a step forward today (28 April) as the BetMGM joint-venture reported a significant uptick in revenue during the first quarter of the year. BetMGM’s revenue rose 27% year-over-year during the January-March 2025 trading period, rising from $489m to $657m while rising by an even more significant 154%. The increase in EBITDA, marking a reversal of …

SBC Media is set to host its next instalment in the SBC Digital Series this Thursday, April 17, with the launch of SBC Digital – Casino. Held in collaboration with lead partner Soft2Bet and agenda partner DATA.BET, the event will bring together leading voices from across the global online casino industry. The fully digital conference boasts a powerhouse lineup of …

Real-time is a phrase thrown around a lot these days to the point where it has become a buzzword, but do people actually know the true value of it and how it can be harnessed? Real-time streaming, real-time data, real-time odds, real-time latency – these are all words that companies in the gambling sector will have become all too familiar …

BetMGM is giving two random customers £250,000 each during the Cheltenham Festival this week. To celebrate the operator’s first year as the sponsor of the BetMGM Queen Mother Champion Chase – Wednesday’s feature race – BetMGM will deposit £500,000 split across two accounts. BetMGM’s UK Director, Sam Behar, commented: “We’re extremely proud to be associated with the 2025 Cheltenham Festival …

Brazilian leaders deem that the protection of the new Bets regime against the black market is a tough challenge of regulatory development applied with minimal frictions.  Irrespective of its federal launch on 1 January 2025, the regime continues to be disrupted by regulatory judgements. Its licensed operators, whether foreign or domestic, are tasked with competing within a nascent market ruptured …

BetMGM Brasil has now officially launched for customers in what is expected to become the biggest gambling market in Latin America. The igaming and sports betting platform, owned by MGM Resorts International, was developed in collaboration with Grupo Globo – one of Brazil’s largest media companies. MGM Resorts itself was approved for a license by the country’s Secretariat of Prizes …