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Cyberattacks Over for MGM & Caesars, But the Lawsuits Are Just Beginning
MGM Resorts International and Caesars Entertainment are each facing multiple proposed class action lawsuits over the customer data allegedly compromised in the cyberattacks against the two companies earlier this month. To Bonus’s knowledge, there are two such suits against MGM and four against Caesars so far. All are federal suits filed in Nevada District Court, […]
MGM & Caesars Hackers Are Targeting More Companies, Responsible For Hundreds of Attacks
Identity management company Okta says the cybercriminal groups that attacked Caesars and MGM Resorts are also behind three other attacks in the past two months, outside the gambling sector. Without naming specific companies, David Bradbury, Okta’s Chief Security Officer (CSO), told Reuters that the victims were in manufacturing, retail, and technology. On Sep. 11, MGM […]
MGM Getting Back to Normal Following Cyberattack, May Receive Insurance Payout
MGM Resorts International announced this morning, Sep. 20, that most of its operations are back to normal following over a week of disruptions caused by a cyberattack. The company’s website went down early last week, along with many network-reliant services at its brick-and-mortar properties. In a statement on its account on X (formerly Twitter), the company […]
MGM & Caesars Investors Unfazed as ALPHV Hacker Group and Casinos Issue Statements
MGM Resorts and Caesars Entertainment have both issued statements confirming they’ve suffered social engineering or cybercrime attacks. Now, one of the hacking groups apparently involved has issued its own statement. However, investors in the companies don’t seem to be particularly concerned, as their stock prices have only taken a slight dip over the past week. MGM suffered the more […]
BetMGM Not Alone in Favoring Michigan, New Jersey for Online Casino Debuts
BetMGM is among many legal online casino operators who seem to prefer launching products in Michigan and New Jersey. Also, it’s no longer uncommon for operators and suppliers to enter the US through the Midwestern state. Between March 8 and Sept. 5, BetMGM made four major online casino product launch announcements. While half happened in […]
BetMGM Completes Single Account Migration in 6 States, Leaving Some Bettors Frustrated
BetMGM completed its single wallet and app migration in six states, the online gambling operator announced to bettors in an Aug. 30 email. However, BetMGM left many site and app users irritated during the process. Bettors especially voiced their views on Reddit and X on Aug. 28, when the site was down for the scheduled […]
BetMGM UK Brings First American Online Gambling Site to Another Continent
BetMGM became the first American online gambling brand to expand its operations to Europe with the launch of BetMGM UK. On Aug. 17, Las Vegas-based MGM Resorts International announced the site’s debut in the United Kingdom. The mobile app will launch in mid-September, to be accompanied by a UK media blitz. Meanwhile, the reverse – […]
Is 2023 the Financial Turning Point for Online Gambling Operators in the US?
The second quarter of 2023 was an important period for the young US online gambling industry, as many companies are reporting that their online operations turned profitable for the first time. For years, even the biggest operators had been outspending their revenues, creating impatience among investors and contributing to the slump most gaming stocks experienced […]
BetMGM Partners with Revolutionary Racing to Bring Sports Betting to Kentucky
BetMGM and Revolutionary Racing Kentucky (RRKY) are joining forces in Kentucky to bring online and retail sports betting to the state. On Monday, the pair of companies announced a new market access agreement allowing BetMGM to launch its online and retail betting platform in Kentucky when sports betting launches later this fall. The partnership will also […]
BetMGM and Borgata Atlantic City Introduce Evolution’s Dual Play Roulette
Evolution’s Dual Play Roulette will allow New Jersey online casino players to enjoy the game alongside their brick-and-mortar gambling peers at the Borgata. The product is now available at BetMGM Casino and Borgata Online Casino, streaming directly from the Borgata casino floor rather than a live dealer studio. The Evolution Dual Play Roulette table will […]