MGM Resorts International

Stack Capital Holding Prove Identity Announces Strategic Partnership with BetMGM

Retrieved on: 
Wednesday, April 3, 2024
Partnership, Partypoker, Borgata, TSX, MGM Resorts International

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: 
Wednesday, March 27, 2024
Convention, SAN, MGM Resorts International, Learning, Risk management

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: 
Wednesday, March 20, 2024
Growth, Tennis, Partnership, Business, Table, Betting pool, Investment, SBC, ATP, CONMEBOL, NBA, NASCAR, MGM Resorts International, Video game

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: 
Wednesday, March 20, 2024
Growth, Tennis, Partnership, Business, Table, Betting pool, Investment, SBC, ATP, CONMEBOL, NBA, NASCAR, MGM Resorts International, Video game

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: 
Tuesday, April 2, 2024
Basketball, Technology, Casino, Gaming, Sports, Entertainment, Security, Other Technology, Communications, Digital Marketing, Digital identity, Partnership, Proof, Sport, MGM Resorts International, Sports betting, Digital, Promotion

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: 
Tuesday, March 26, 2024
Electronic Games, Apps, Applications, Technology, Casino, Gaming, Entertainment, Online, Software, Other Entertainment, General Entertainment, EUR, Comment, Computer, Growth, Projection, Earthquake, International, Tier 1, International Financial Reporting Standards, Betsson, Public, Sale, News, Flood, Aggregation, Entain, Fire, Income tax, Infection, USD, MGM Resorts International, PokerStars, PAM, Weather, Film industry

“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”).

Equity Residential Appoints Ann C. Hoff and Nina P. Jones to Board of Trustees

Retrieved on: 
Tuesday, March 19, 2024
REIT, Other Construction & Property, Residential Building & Real Estate, Construction & Property, Urban Planning, Simon Property Group, Equity Residential, Organization, Audit, Business, Trustee, Reno 1868 FC, University, Audit committee, T. Rowe Price, SPG, Park MGM, MGM, Marketing, Restaurant, EQR, MGM Resorts International

Equity Residential (NYSE: EQR) today announced the appointment of Ann C. Hoff and Nina P. Jones to the Company’s Board of Trustees to serve until the next annual meeting of shareholders.

Key Points: 
  • Equity Residential (NYSE: EQR) today announced the appointment of Ann C. Hoff and Nina P. Jones to the Company’s Board of Trustees to serve until the next annual meeting of shareholders.
  • Both Ms. Hoff and Ms. Jones qualify as independent trustees under the New York Stock Exchange’s listing standards.
  • Ms. Hoff will serve on the Audit Committee and Ms. Jones will serve on both the Audit and Corporate Governance Committees.
  • Ferguson Partners, a firm specializing in Board and executive recruitment in the REIT industry, advised Equity Residential in recruiting Ms. Hoff for this Board role.

MGM Resorts International Announces First Quarter 2024 Earnings Release Date

Retrieved on: 
Thursday, March 28, 2024
Internet, MGM, MGM Resorts International

LAS VEGAS, March 28, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the first quarter 2024 after the market closes on Wednesday, May 1, 2024.

Key Points: 
  • LAS VEGAS, March 28, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the first quarter 2024 after the market closes on Wednesday, May 1, 2024.
  • MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session.
  • In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com .
  • The call will be accessible via the Internet through http://investors.mgmresorts.com/investors/events-and-presentations/ or by calling 1-888-317-6003 for domestic callers and 1-412-317-6061 for international callers.

New Trade Association Launches Unprecedented Effort to Strengthen Responsible Online Gaming, Promote Best Practices

Retrieved on: 
Wednesday, March 27, 2024
Online, Education, DraftKings, Research, FanDuel, Penn Entertainment, Growth, MGM Resorts International

MCLEAN, Va., March 27, 2024 /PRNewswire/ -- The Responsible Online Gaming Association (ROGA), an independent trade association launched today by seven of the largest U.S. legal mobile gaming companies, will actively promote a new industry-wide best practices charter, overseen by one of the world's foremost experts in the field of responsible gaming (RG). 

Key Points: 
  • The Responsible Online Gaming Association (ROGA) brings together seven of the largest U.S. online sports betting and gaming operators to develop and advance responsible gaming practices
    Recognized responsible gaming leader Dr. Jennifer Shatley to serve as Executive Director
    MCLEAN, Va., March 27, 2024 /PRNewswire/ -- The Responsible Online Gaming Association (ROGA), an independent trade association launched today by seven of the largest U.S. legal mobile gaming companies, will actively promote a new industry-wide best practices charter, overseen by one of the world's foremost experts in the field of responsible gaming (RG).
  • This unprecedented effort will be led by Dr. Jennifer Shatley, a deeply respected responsible gaming executive with more than 25 years of experience in the industry.
  • These include research, consumer and industry responsible gaming education and awareness, promoting responsible gaming best practices, an independent data clearinghouse, and an independent certification program.
  • Together, our members will work alongside researchers, experts, regulators and stakeholders to promote responsible online gaming and maximize our efforts to support additional responsible gaming education and awareness.

BRAGG GAMING REPORTS FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS, CONFIRMS FORMATION OF SPECIAL COMMITTEE

Retrieved on: 
Tuesday, March 26, 2024
EUR, Comment, Growth, Public, Ratio, Sale, News, Entain, USD, MGM Resorts International, PokerStars, PAM, Film industry

In the Netherlands, the Company maintains its dominant position as the leading PAM provider, serving five customers with our PAM solutions in the region.

Key Points: 
  • In the Netherlands, the Company maintains its dominant position as the leading PAM provider, serving five customers with our PAM solutions in the region.
  • 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.