Latest articles
Is BetMGM’s Bid To Acquire LeoVegas In Peril As Swedish Authorities Allege Insider Trading?
BetMGM, the US online casino market leader, is considering buying competitor LeoVegas Group. Or at least it was. It’s unclear if today’s announced investigation into LeoVegas concerning possible insider trading will impact BetMGM’s $607 million acquisition offer. On May 2, Jersey City, NJ-headquartered BetMGM released information about the online gambling operator’s bid to buy Sweden-based […]
New BetMGM Rewards Loyalty Program Replaces M Life Rewards
Betting with BetMGM Casino & Sportsbook just got better as the brand announced today the launch of BetMGM Rewards, its new signature loyalty program. Members earn points in the program as Tier Credits for gameplay at BetMGM Casino, Sportsbook, Poker, and Horse Race Betting. In addition, BetMGM Rewards members accrue points good for use toward […]
BetMGM CEO Greenblatt Says Online Gambling Operators Need To Rein In Promotional Spending
As young as the US online gambling market it, analysts are already asking BetMGM when operators will cut back on spending. It has had a dramatic impact on profit margins, and led to questions about when – and even whether – some operators will start turning a profit. Such questions from analysts peppered Wednesday’s “update […]
Customer Engagement: How Market Leaders Like BetMGM Can Hold On To Their Position
Last week was a big one for Caesars Entertainment. On Monday, the retail casino behemoth rebranded the US online sports betting slice of its recent acquisition, William Hill. In most states, the former William Hill apps became Caesars Sportsbook. Caesars will fully rebrand the rest of William Hill’s US online gambling products in October. What […]
BetMGM To Launch Bingo App And Horse Racing App
BetMGM will add Borgata Bingo and BetMGM Horse Racing to its product offerings. The brand is owned by ROAR Digital, LLC, which is jointly owned by MGM Resorts and Entain plc. The additional products come as part of BetMGM’s push to make up a quarter of the iGaming market share in the US. The brand […]
BetMGM Becomes Focal Point for Company’s Recovery
It’s been a good month for MGM International. After a second quarter that saw the company’s revenue drop 91 percent, MGM is in recovery mode thanks to a recent series of deals. The latest came Aug. 11, when technology giant InterActive Corp purchased 12 percent of MGM’s stock in a $1 billion sale. Before that, […]
