Monday, October 18, 2021
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Bill Hornbuckle, MGM Resorts, CEO, President

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...

Pandemic didn’t cause retail betting exodus

The novel coronavirus has certainly changed the way we live our daily lives. From the digitization of banking, the migration to remote working, to the way people buy their weekly groceries - there’s been an overall shift in consumers’ priorities and preferences across all walks of life. 

Gaming converging with entertainment, driven by technology and A.I.

New technologies are driving convergence between media, entertainment and online gaming and the Covid lockdowns may have accelerated this trend. The gaming industry is attracting...

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...
Japan Olympic Games, Basketball

Basketball‌ ‌scores‌ ‌in‌ ‌Olympics‌ ‌betting‌ ‌preferences‌

Basketball surged in popularity in terms of Olympics sports betting preferences at Tokyo 2020, though sports book operators said the games were not a major driver of volumes. 

Entain buys esports start-up Unikrn

U.K.-listed wagering operator Entain, formerly known as GVC, has agreed to acquire esports wagering start-up Unikrn for GBP50 million. 
Ladbrokes and Coral signs

Entain 1H revenue rises 11 percent driven by online

Entain said its 1H revenue rose 11 percent driven by double-digit growth in its online business.
American Football

U.S. igaming powers ahead with surging 2Q revenue

The U.S. is on track for its best ever year for commercial gaming revenue, with sports betting in the first six months already exceeding the volume for the whole of 2020 and igaming enjoying a record quarter.

Entain to focus on online betting, double investment

UK-based gaming firm Entain is planning to focus on its online betting segment, doubling investment in its game development studios as it closes large numbers of betting shops.