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BetMGM to Offer Mobile Horse Racing Accounts Through NYRA Bets Deal

BetMGM and NYRA Bets LLC announced on Friday that the advanced deposit wagering platform for the New York Racing Association (NYRA) would become the first horse racing partner for the online gaming company.
Sainthood races to victory in the Grade 2 Pennine Ridge Stakes at Belmont Park Saturday. On Friday, BetMGM and NYRA Bets announced an agreement where BetMGM will use the NYRA platform to offer betting on horse races to its customers. (Image: Janet Garaguso/NYRA)
The deal allows BetMGM to use NYRA Bets’ wagering platform for its BetMGM horse racing app. That service will be available online and for Android and Apple devices. ....

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Investegate |Entain PLC Announcements | Entain PLC: BetMGM business update

BetMGM LLC ( BetMGM ), one of the leading sports betting and iGaming operators across the U.S., jointly owned by Entain plc (LSE: ENT) ( Entain ) and MGM Resorts International (NYSE: MGM) ( MGM Resorts ), is today providing a business update setting out the key drivers of its strong momentum and future expectations as it delivers a market leading position in the U.S.

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BetMGM is the market leader across the US in iGaming with a market share of 23% over the three months to February 2021 and is on course to take the number two spot in US sports betting and iGaming overall
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Sports betting & iGaming continues to accelerate across North America. As such, BetMGM now expects the total addressable market in the U.S. & Canada to be approximately $32bn ....

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MGM Resorts International And Entain plc Announce Details Of BetMGM Investor Day

MGM Resorts International And Entain plc Announce Details Of BetMGM Investor Day
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LAS VEGAS, April 16, 2021 /PRNewswire/ MGM Resorts International (NYSE: MGM) and Entain plc (LSE: ENT), together with their venture in the U.S., BetMGM, LLC ( BetMGM ), will host a virtual investor day on Wednesday, April 21, 2021 at 11:00 a.m. EDT (8:00 a.m. PDT / 4:00 p.m. BST).
The event will include presentations by BetMGM s key management team including Adam Greenblatt, Chief Executive Officer; Gary Deutsch, Chief Financial Officer; Ryan Spoon, Chief Operating Officer; and Matt Prevost, Chief Revenue Officer.
Presentations will be followed by a live question and answer session. ....

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Investegate |Entain PLC Announcements | Entain PLC: BetMGM Investor Day details

About BetMGM
BetMGM is a market leading sports betting and gaming entertainment company, pioneering the online gaming industry. Born out of a partnership between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT), BetMGM has exclusive access to all of MGM s U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. Utilizing Entain s US-licensed, state of the art technology, BetMGM offers sports betting and online gaming via market leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit www.betmgminc.com.

About Entain plc ....

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Detroit casinos have a rough Super Bowl — but eat some big losses on purpose

Detroit casinos have a rough Super Bowl but eat some big losses on purpose
7 Michigan casinos have lost money on sports betting
Casinos take initial hit attracting bettors with free plays, promos
Wikicommons
MotorCity Casino reported a loss of $5.8 million
MotorCity Casino Hotel lost $183,680 at its physical sportsbook last month, marking the first loss for a Detroit casino on retail sports betting since it launched a year ago.
That s a fraction of what it lost in the first 10 days of online sports betting $5.7 million, according to data from the Michigan Gaming Control Board. Online gaming receipts for February, the first full month for legal online betting in Michigan, won t be released until next week. ....

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