MGM Resorts International

MGM RESORTS INTERNATIONAL RELEASES 2023 SOCIAL IMPACT AND SUSTAINABILITY REPORT

Retrieved on: 
Mercredi, mai 1, 2024

LAS VEGAS, May 1, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced the publication of its 2023 Social Impact and Sustainability Report. The report details the Company's continuing and steadfast commitment to its Social Impact and Sustainability principles of embracing humanity and protecting the planet and building a legacy for generations to come. The report also highlights strategies, programs and performance focused on creating a more sustainable future and making a positive impact on the lives of employees, guests and communities.

Key Points: 
  • LAS VEGAS, May 1, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced the publication of its 2023 Social Impact and Sustainability Report.
  • The report details the Company's continuing and steadfast commitment to its Social Impact and Sustainability principles of embracing humanity and protecting the planet and building a legacy for generations to come.
  • The report also highlights strategies, programs and performance focused on creating a more sustainable future and making a positive impact on the lives of employees, guests and communities.
  • In 2019, MGM Resorts developed a bold social impact plan called "Focused on What Matters: Embracing Humanity and Protecting the Planet," which included concrete long-term goals to guide the company's commitment to social impact and sustainability.

MGM RESORTS LAUNCHES BETMGM IN THE NETHERLANDS

Retrieved on: 
Mardi, avril 30, 2024

LAS VEGAS, April 30, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today it is launching BetMGM – its wholly owned iGaming and online sports betting brand offering an authentic Vegas experience – in the Netherlands.

Key Points: 
  • LAS VEGAS, April 30, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today it is launching BetMGM – its wholly owned iGaming and online sports betting brand offering an authentic Vegas experience – in the Netherlands.
  • BetMGM is set to provide Dutch customers with exciting new product features, including large-scale jackpots, loyalty rewards, exclusive slots, as well as unique and compelling sports promotions.
  • Utilizing LeoVegas Group's proprietary technology and platform, this expansion represents the second European launch, succeeding a well-received rollout in the United Kingdom.
  • Gary Fritz, President of MGM Resorts International Interactive said: "We are thrilled to launch BetMGM in the Netherlands and build on BetMGM's successful expansion into global markets.

ZCG-Backed Affinity Interactive Appoints Scott Butera as President & Chief Executive Officer

Retrieved on: 
Mercredi, avril 24, 2024

Affinity Interactive (“AI” or the “Company”), a leading omni-channel media, online, and gaming operator, today announced the appointment of Scott Butera as President & Chief Executive Officer, effective immediately.

Key Points: 
  • Affinity Interactive (“AI” or the “Company”), a leading omni-channel media, online, and gaming operator, today announced the appointment of Scott Butera as President & Chief Executive Officer, effective immediately.
  • In his new capacity, Mr. Butera will set strategy and oversee operations of the Company’s diversified portfolio of casinos resorts across Nevada, Missouri, and Iowa.
  • View the full release here: https://www.businesswire.com/news/home/20240423742515/en/
    Mr. Butera is an industry veteran who has a history of leading growth and innovation at numerous companies.
  • Previously, Mr. Butera served as President of Fubo Gaming at Fubo TV Inc.

Voice Security Leader Mutare Spearheads Vishing Awareness Week to Help Educate & Inform on Growing Cyberthreat

Retrieved on: 
Lundi, avril 15, 2024

CHICAGO, April 15, 2024 /PRNewswire/ -- Mutare, Inc. (Mutare), a leading innovator of enterprise solutions for Voice Threat Defense, is proud to announce their involvement in the second annual Vishing Awareness Week as lead sponsor.

Key Points: 
  • CHICAGO, April 15, 2024 /PRNewswire/ -- Mutare, Inc. (Mutare), a leading innovator of enterprise solutions for Voice Threat Defense, is proud to announce their involvement in the second annual Vishing Awareness Week as lead sponsor.
  • This year Vishing Awareness Week will be observed April 22-26, 2024.
  • Mutare has made it an organizational imperative to further conversations around voice-based cyber threats and how to stop them.
  • "Vishing Awareness Week is another opportunity for us to do just that."

Stack Capital Holding Prove Identity Announces Strategic Partnership with BetMGM

Retrieved on: 
Mercredi, avril 3, 2024

TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- Stack Capital Group Inc., (TSX:STCK and STCK.WT) is pleased to announce that Prove Identity, Inc. (“Prove”), an existing portfolio holding, has entered into a strategic partnership with BetMGM, a market-leading sports betting and gaming entertainment company which operates leading brands such as BetMGM, Borgata Casino, Party Casino, and Party Poker.

Key Points: 
  • TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- Stack Capital Group Inc., (TSX:STCK and STCK.WT) is pleased to announce that Prove Identity, Inc. (“Prove”), an existing portfolio holding, has entered into a strategic partnership with BetMGM, a market-leading sports betting and gaming entertainment company which operates leading brands such as BetMGM, Borgata Casino, Party Casino, and Party Poker.
  • Pending regulatory approval, the partnership will allow BetMGM to utilize Prove’s Pre-Fill® identity solution across its entire sports betting platform, including all of MGM’s U.S. land-based and online sports betting, major tournament poker, and online gaming businesses.
  • Accelerated customer onboarding, enhanced security, and an improved overall customer experience are some of the benefits that Prove’s Pre-Fill® identity solution will provide, enabling BetMGM to deliver a seamless and more secure betting platform for its customers.
  • “Partnering with BetMGM, a leader in digital sports betting and casino services, represents a meaningful milestone for Prove,” said Jeff Parks, CEO of Stack Capital.

Andrew Cardno Leads a Seminar at IGA: Unraveling the Impact of Recent Cyber Attacks on Indian Gaming

Retrieved on: 
Mercredi, mars 27, 2024

Scheduled for 9am on Tuesday, April 9th, this session will delve deep into the intricacies of two recent high-profile cyber attacks targeting prominent casinos – Caesars and MGM Resorts.

Key Points: 
  • Scheduled for 9am on Tuesday, April 9th, this session will delve deep into the intricacies of two recent high-profile cyber attacks targeting prominent casinos – Caesars and MGM Resorts.
  • Both attacks were executed by the same notorious ransomware gang, making it an urgent concern for the gaming industry.
  • During the session, Andrew Cardno, Chief Technology Officer of Quick Custom Intelligence, will provide a detailed comparative analysis of these attacks.
  • "As we witness an alarming increase in cyber attacks targeting the gaming industry, it is paramount for tribal casinos to adopt robust cyber security measures," emphasized Andrew Cardno.

Sportradar Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Mercredi, mars 20, 2024

ST. GALLEN, Switzerland, March 20, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) (“Sportradar” or the “Company”), a leading global sports technology Company focused on creating immersive experiences for sports fans and bettors, today announced financial results for its fourth quarter and year ended December 31, 2023.

Key Points: 
  • Segment revenue in the fourth quarter of 2023 increased by 25% to €132.0 million compared with the fourth quarter of 2022.
  • Segment revenue in the fourth quarter of 2023 increased by 28% to €52.7 million compared with the fourth quarter of 2022.
  • Personnel expenses in the fourth quarter of 2023 increased 10% to €88.8 million, compared with the fourth quarter of 2022.
  • Other Operating expenses in the fourth quarter of 2023 decreased 30% to €24.4 million compared with the fourth quarter of 2022, primarily driven by non-recurring litigation costs that occurred in the fourth quarter of 2022.

Sportradar Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Mercredi, mars 20, 2024

ST. GALLEN, Switzerland, March 20, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) (“Sportradar” or the “Company”), a leading global sports technology Company focused on creating immersive experiences for sports fans and bettors, today announced financial results for its fourth quarter and year ended December 31, 2023.

Key Points: 
  • Segment revenue in the fourth quarter of 2023 increased by 25% to €132.0 million compared with the fourth quarter of 2022.
  • Segment revenue in the fourth quarter of 2023 increased by 28% to €52.7 million compared with the fourth quarter of 2022.
  • Personnel expenses in the fourth quarter of 2023 increased 10% to €88.8 million, compared with the fourth quarter of 2022.
  • Other Operating expenses in the fourth quarter of 2023 decreased 30% to €24.4 million compared with the fourth quarter of 2022, primarily driven by non-recurring litigation costs that occurred in the fourth quarter of 2022.

Prove Identity Partners with BetMGM to Elevate Security and Enhance Sports Betting Experience for March College Basketball

Retrieved on: 
Mardi, avril 2, 2024

Prove Identity, Inc. ("Prove"), the global leader in digital identity, today announced a strategic partnership with BetMGM , a sports betting and iGaming leader, to enhance the security and user experience for BetMGM customers through the cutting-edge Prove Pre-Fill ® identity solution.

Key Points: 
  • Prove Identity, Inc. ("Prove"), the global leader in digital identity, today announced a strategic partnership with BetMGM , a sports betting and iGaming leader, to enhance the security and user experience for BetMGM customers through the cutting-edge Prove Pre-Fill ® identity solution.
  • This collaboration marks a significant milestone in Prove’s journey towards providing seamless and secure digital sports betting and casino services in the U.S. states where BetMGM operates, pending regulatory approval.
  • “BetMGM is an innovator in the space, always looking to find new and compelling ways to improve the online gaming experience,” said Tom Hill, Director of Digital Identity and Head of Sports Betting and iGaming at Prove.
  • “Prove Pre-Fill® adds an extra layer of security, reduces sign-up abandonment, and improves the overall user experience by streamlining the identity verification and authentication processes.

Bragg Gaming Reports Fourth Quarter and Full Year 2023 Financial Results, Confirms Formation of Special Committee

Retrieved on: 
Mardi, mars 26, 2024

“Upon closer examination of the Dutch market, it is evident that challenges have arisen due to increased competition and new regulations since July.

Key Points: 
  • “Upon closer examination of the Dutch market, it is evident that challenges have arisen due to increased competition and new regulations since July.
  • Additionally, in Q4 2023, the Company extended its agreement with Entain Plc to supply its PAM platform to BetCity.nl, Entain’s Dutch iGaming operator, until 2025.
  • The Company will host a conference call today, March 26, 2024, at 8:30 a.m. (Toronto Time), to discuss its fourth quarter and full year 2023 results.
  • “Adjusted EBITDA” is a financial measure that does not have a standardized meaning under International Financial Reporting Standards (“IFRS”).