Mgm Resorts Stock Price, News & Analysis

BetMGM has announced that award-winning artist Jamie Foxx will star in their new advertising campaign, The King of Sportsbooks. This initiative aims to spotlight the thrill of sports betting and will feature various traditional and social media ads, including a video set against the Fountains of Bellagio in Las Vegas. The campaign, created with 72andSunny, intends to bolster BetMGM's brand presence as it seeks to expand its user base and market reach. BetMGM operates in seven states, with plans to expand to eleven by the end of 2020.

BetMGM has announced a new ad campaign featuring Academy Award winner Jamie Foxx as part of its branding strategy. The campaign, titled The King of Sportsbooks, aims to enhance BetMGM's market presence by showcasing the excitement of sports betting through various advertising mediums. The campaign will launch shortly and includes a visually captivating video filmed at the Fountains of Bellagio in Las Vegas. BetMGM, a joint venture between MGM Resorts and GVC Holdings, is positioned to expand its reach in the U.S. sports betting market by leveraging innovative technology and a strong brand partnership with Foxx.

BetMGM has partnered with the Las Vegas Raiders as the team's first official sports betting partner, enhancing MGM Resorts' existing multi-year sponsorship. This partnership aims to engage Raiders fans through educational initiatives about the BetMGM app, which is accessible via MGM Resorts Sports Book locations in Las Vegas. The collaboration also includes sponsorship of the Raiders' inaugural regular season game at Allegiant Stadium. MGM Resorts emphasizes responsible gaming through the GameSense program and continues to expand its footprint in the sports betting market.

On September 17, 2020, BetMGM became the Official Sports Betting Partner of the Las Vegas Raiders, expanding its existing partnership with MGM Resorts. The collaboration aims to enhance engagement with Raiders fans and promote the BetMGM app, now available for registration in Nevada through MGM Resorts Sports Books. BetMGM's CEO expressed excitement about the partnership, emphasizing a commitment to responsible gaming. Additionally, the Raiders and MGM Resorts are collaborating on community outreach initiatives in Southern Nevada, with MGM providing substantial branding at Allegiant Stadium, set to generate significant economic benefits.

MGM Resorts International (NYSE: MGM) and BetMGM have partnered with the American Gaming Association to support Responsible Gaming Education Week, from September 14 to 19. BetMGM has appointed Richard Taylor as Responsible Gambling Program Manager, tasked with enhancing the company's responsible gaming platform and employee training. The focus is on promoting healthy gambling practices through programs like GameSense, which offers proactive education on responsible gaming. MGM Resorts emphasizes commitment to responsible gaming across its casinos and mobile apps, ensuring a safer experience for customers.

MGM Resorts International and BetMGM are partnering with the American Gaming Association for Responsible Gaming Education Week from September 14-19. BetMGM announced the hiring of Richard Taylor as Responsible Gambling Program Manager to enhance their responsible gaming platform. Taylor will focus on promoting healthier gambling habits and developing internal training for employees. MGM Resorts aims to educate guests on responsible gaming through their GameSense program, emphasizing proactive communication about gambling. The partnership showcases MGM's commitment to responsible gaming practices.

MGM Resorts International (NYSE: MGM) will reopen Park MGM and NoMad Las Vegas on September 30, completing the recovery of all its properties after the Covid-19 closures. This marks Park MGM as the first fully smoke-free casino resort on The Strip. CEO Bill Hornbuckle expressed pride in the team’s effort during challenging times. While initial amenities will be limited, popular dining options will be available. The Four Seasons Las Vegas will also reopen on September 25. MGM's comprehensive safety measures include employee screenings and physical distancing protocols.

The Detroit Lions announced BetMGM as their first Official Sports Betting Partner, enhancing fan engagement through initiatives like Lions Bingo and Lions Perks. This partnership marks a significant extension of the existing collaboration with MGM Resorts. Through Lions Bingo, fans can win cash prizes and trips by predicting game scenarios. The partnership also promotes responsible gambling via the GameSense program. BetMGM aims to create unique fan experiences, especially as sports betting expands in Michigan.