Tag Archives: BetMGM

Bet365 leads Premier League trading but market newcomers make waves

A match ball used in a Premier League game, as bet on by bet365, BetMGM customers

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 …

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Mattias Wedar to take the reins from Gustaf Hagman as LeoVegas CEO

Gusraf Hagman, former CEO of LeoVegas AB

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 …

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BetMGM set for H1 success as Entain confirms continuous growth

BetMGM's website

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 …

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BetMGM criticised for advert featuring FC Barcelona winger

FC Barcelona’s Lamine Yamal, who has appeared in an online ad for BeetMGM in the Netherlands

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 …

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BetMGM eyes profitability as Entain keeps pace with JV upgrades

BetMGMC

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 …

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SBC to Host “SBC Digital Casino” Event in Collaboration with Soft2Bet

SBC to Host “SBC Digital Casino” Event in Collaboration with Soft2Bet

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 …

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BetMGM to randomly award two customers £250k at Cheltenham

SBC News BetMGM to randomly award two customers £250k at Cheltenham

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 …

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Young Brazil Bets regime faces tough calls on limiting black market threats

SBC News Young Brazil Bets regime faces tough calls on limiting black market threats

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 …

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MGM Resorts and Grupo Globo join forces for BetMGM Brasil launch

SBC News MGM Resorts and Grupo Globo join forces for BetMGM Brasil launch

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 …

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