Wednesday, May 29, 2024
HomeNewsElsewhereMGM has reasons for iGaming optimism: Deutsche

MGM has reasons for iGaming optimism: Deutsche


MGM Resorts has a “lot to be optimistic” about when it comes to igaming given its recent performance in the sector, Deutsche Bank said in a note on the company’s Q4 results.

“In Michigan, the iCasino is off to a fast start, with GGR per day averaging close to $1 mm, while sports betting revenue over the 10 day period, which, we note, included two NFL playoff weekends, generated ~$0.3 mm per day,” it said.

As expected, we believe this places BetMGM firmly in the 3/4 market position in sports in MI. 

AGBrief Editorial
AGBrief Editorial
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.


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