Welcome to our dedicated page for Entain Plc news (Ticker: GMVHY), a resource for investors and traders seeking the latest updates and insights on Entain Plc stock.
Entain Plc (GMVHY) delivers cutting-edge sports betting and iGaming solutions through brands like BetMGM, operating in over 30 regulated markets worldwide. This page provides investors with a comprehensive collection of official news releases and verified updates directly impacting the company's strategic position.
Access real-time information on earnings reports, regulatory developments, technology innovations, and partnership announcements. Our curated feed ensures you stay informed about operational milestones in Entain's digital transformation journey, including omnichannel platform enhancements and market expansions.
Key updates include corporate governance changes, responsible gaming initiatives, and financial performance metrics. Bookmark this page for streamlined tracking of Entain's progress in merging retail expertise with digital-first solutions across global gaming ecosystems.
BetMGM, a leading sports betting and iGaming operator co-owned by MGM Resorts and Entain, will release an update on its 2021 performance and 2022 outlook on January 19, 2022, at 8:30 a.m. ET. A conference call will follow at 10:00 a.m. ET, featuring an overview of results and a Q&A session. The call can be accessed through a provided link or by dialing specific numbers. The press release includes forward-looking statements highlighting risks under the Private Securities Litigation Reform Act. For more details, visit BetMGM's or MGM Resorts' websites.
BetMGM has announced the launch of its online sportsbook in New York on January 17, 2022. This launch allows players in the state to enjoy an enhanced betting experience while accessing exclusive offers related to partnerships with the Knicks, Rangers, and Madison Square Garden.
The BetMGM app will be available for iOS, Android, and desktop users, integrating with the M life Rewards program for premium rewards at MGM properties.
BetMGM and the Arizona Cardinals announced the upcoming opening of the BetMGM Sportsbook at State Farm Stadium, set to debut for the 2022 football season. Spanning nearly 17,000 square feet, this sportsbook will be the first at an NFL stadium, featuring over 25 betting kiosks, a 265-square-foot video wall, and a capacity of 500 guests. It aims to enhance the fan experience on both event and non-event days. The partnership aligns with BetMGM's mobile app launched in Arizona in September 2021, representing their commitment to responsible gaming.
On December 21, 2021, BetMGM announced the launch of its retail sportsbook at Emerald Queen Casino (EQC) in Tacoma, Washington, marking a significant expansion in the state. Celebrated by local sports legends, the venue features a 500-square-foot video wall and 70 leather armchairs. Sports betting became legal in Washington on March 25, 2020, and BetMGM is the exclusive partner for EQC. Mobile in-game wagering will be activated in early 2022. BetMGM focuses on responsible gaming and has established a strong competitive presence in the Washington market.
BetMGM has launched its Horse Racing mobile app in Florida and Louisiana, expanding its reach to a new customer base in the South. The app allows users to wager on over 200 tracks globally, including prominent venues like Santa Anita Park and Gulfstream Park. Users can enjoy live streaming, race replays, and betting opportunities on major U.S. racing events. The app is available for iOS and Android in Florida, Louisiana, and Ohio. BetMGM emphasizes responsible gaming education as part of its expansion strategy.
On December 15, 2021, BetMGM launched Borgata Bingo, the first 75-ball real money online bingo product in the U.S., enhancing its online gaming offerings in New Jersey. This innovative platform, developed by Entain, allows players access to exclusive games and jackpot prizes. BetMGM maintains a leading 30% market share of gross gaming revenue in New Jersey and an estimated 32% national GGR market share across several states. Players can enjoy both 75- and 90-ball games, alongside Slingo and slot games, while being part of the M life Rewards program.
MGM Resorts International and BetMGM have launched legalized sports betting at MGM National Harbor in Maryland. Governor Larry Hogan placed the state's first bet, marking a significant milestone after over a year of development. The BetMGM Sportsbook & Lounge features an 8,000 square foot area, state-of-the-art technology, and multiple betting options. This initiative is expected to boost local revenue for public education while enhancing MGM National Harbor's status as a premier entertainment destination.
On November 5, 2021, BetMGM launched its first retail sportsbook at Vee Quiva in Arizona, marking a significant expansion in the sports betting sector. This venue features 25 large screen displays and accommodates over 100 guests, along with 20 betting kiosks. BetMGM's CEO, Adam Greenblatt, highlighted this as a key development in their partnership with Gila River Hotels & Casinos. Additional sportsbooks are planned at Wild Horse Pass and Lone Butte, with the aim of enhancing the sports betting experience in Arizona.
BetMGM has announced the signing of former NFL running back Chris Johnson as its new brand ambassador. Johnson, renowned for his remarkable career and impressive statistics, will be featured in upcoming marketing campaigns and promotions. BetMGM is looking to enhance its presence in Tennessee and Arizona, leveraging Johnson's popularity to engage fans. The company emphasizes its commitment to responsible gaming education as it continues its expansion in the digital gaming landscape.
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