Monday, October 18, 2021

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MGM Resorts CEO seeks full control of BetMGM online unit

MGM Resorts CEO Bill Hornbuckle said he wants to gain full control of the company’s BetMGM joint venture with Entain. DraftKings last month made a...

MGM chief executive not concerned by China crackdown

MGM Resorts chief executive Bill Hornbuckle has dismissed concerns that China’s ramping up of control over Macau’s casino market would fundamentally alter growth opportunities in the market. 

MGM-Orix consortium confirmed as Osaka IR partner, details released

MGM Resorts on Tuesday confirmed that along with its joint-venture partner Orix, it has been selected by Osaka as the region’s integrated resort partner. 

MGM Resorts to buy The Cosmopolitan Las Vegas operations for $1.62b

MGM Resorts International said it agreed to buy the operations of The Cosmopolitan of Las Vegas for $1.62 billion to expand its customer base...

MGM Macau Hotels fully adopted natural gas

MGM Macau Hotels fully adopted natural gas in line with Macau’s green policies following an an agreement with Nam Kwong Natural Gas Company Ltd.

DraftKings acquisition of Entain would require MGM consent

MGM Resorts says it is aware of DraftKings recent $20 billion offer to acquire Entain Plc, noting that the parties would require MGM’s consent...

BetMGM

BetMGM is a partnership between MGM Resorts International and Entain Holdings that is revolutionizing sports betting and online gaming in the United States. BetMGM is the...

BetMGM, PointsBet and WynnBET sign sportsbook with NFL

The NFL announced reached agreements with BetMGM, PointsBet, and WynnBET to become Approved Sportsbook Operators for the 2021 season.

MGM Resorts requiring vaccination as condition of employment

MGM Resorts International is “now requiring COVID-19 vaccination as a condition of employment for all salaried employees and new hires throughout the United States”.

MGM Resorts to auction off 11 Picassos worth $100m

MGM Resorts is planning to auction off 11 Picasso paintings as it seeks to further diversify its art collection. The auction is expected to fetch some $100 million, one of the most valuable auctions of the author’s work.