LeoVegas

United Kingdom Leads the Way in Europe's Booming Online Gambling Market

Retrieved on: 
Thursday, August 24, 2023

This migration from offline to online gambling was inevitably accompanied by increased revenue associated with online gambling.

Key Points: 
  • This migration from offline to online gambling was inevitably accompanied by increased revenue associated with online gambling.
  • Growing hardware and software innovations, the rising popularity of casino and sports betting gambling, and enhanced internet penetration are expected to drive the growth of the European online gambling market.
  • However, according to the International Gambling Report 2021, 63% of gamblers worldwide now prefer online gambling over offline gambling.
  • Online gambling is legal and regulated in the country by the Gambling Commission, formed by the Gambling Act of 2005.

MGM RESORTS LAUNCHES BETMGM iGAMING AND ONLINE SPORTS BETTING BRAND IN UNITED KINGDOM

Retrieved on: 
Thursday, August 17, 2023

LAS VEGAS, Aug. 17, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today the launch of its BetMGM iGaming and online sports betting brand in the United Kingdom, kicking off MGM Resorts' strategy of expanding the BetMGM brand into international markets. The new international BetMGM-branded offering leverages the technology and platform of LeoVegas, the Swedish-based gaming company acquired by MGM Resorts last year.

Key Points: 
  • LAS VEGAS, Aug. 17, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today the launch of its BetMGM iGaming and online sports betting brand in the United Kingdom, kicking off MGM Resorts' strategy of expanding the BetMGM brand into international markets.
  • "BetMGM is a proven brand in the sports betting and iGaming space, and we look forward to welcoming international players into our platforms designed specifically for them," said MGM Resorts CEO and President Bill Hornbuckle.
  • The new sports and casino experience utilizes the BetMGM brand and MGM Resorts' best-in-class heritage entertainment in Las Vegas to deliver a compelling and safe online experience in the UK.
  • BetMGM, LLC, the joint venture between MGM Resorts and Entain, will continue to operate the BetMGM brand in the United States and Canada utilizing the technology and platform provided by Entain.

MGM RESORTS LAUNCHES BETMGM iGAMING AND ONLINE SPORTS BETTING BRAND IN UNITED KINGDOM

Retrieved on: 
Thursday, August 17, 2023

LAS VEGAS, Aug. 17, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today the launch of its BetMGM iGaming and online sports betting brand in the United Kingdom, kicking off MGM Resorts' strategy of expanding the BetMGM brand into international markets. The new international BetMGM-branded offering leverages the technology and platform of LeoVegas, the Swedish-based gaming company acquired by MGM Resorts last year.

Key Points: 
  • LAS VEGAS, Aug. 17, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today the launch of its BetMGM iGaming and online sports betting brand in the United Kingdom, kicking off MGM Resorts' strategy of expanding the BetMGM brand into international markets.
  • "BetMGM is a proven brand in the sports betting and iGaming space, and we look forward to welcoming international players into our platforms designed specifically for them," said MGM Resorts CEO and President Bill Hornbuckle.
  • The new sports and casino experience utilizes the BetMGM brand and MGM Resorts' best-in-class heritage entertainment in Las Vegas to deliver a compelling and safe online experience in the UK.
  • BetMGM, LLC, the joint venture between MGM Resorts and Entain, will continue to operate the BetMGM brand in the United States and Canada utilizing the technology and platform provided by Entain.

Online Gambling Market size to grow by USD 150.5 billion from 2022 to 2027, APAC to account for 39% of the market growth - Technavio

Retrieved on: 
Thursday, June 1, 2023

NEW YORK, May 31, 2023 /PRNewswire/ -- The online gambling market size is set to grow by USD 150.5 billion between 2022 and 2027 and register a CAGR of over 11.03%, according to Technavio's latest market research report.

Key Points: 
  • NEW YORK, May 31, 2023 /PRNewswire/ -- The online gambling market size is set to grow by USD 150.5 billion between 2022 and 2027 and register a CAGR of over 11.03%, according to Technavio's latest market research report.
  • With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by way of synthesis, and summation of data from multiple sources.
  • This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment.
  • Technavio offers in-depth market insights that assist global businesses to obtain growth opportunities.

Global Sports Betting Market to Grow by $139.26 Billion During 2023-2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 2, 2023

This study identifies the emergence of machine learning in sports betting as one of the prime reasons driving the sports betting market growth during the next few years.

Key Points: 
  • This study identifies the emergence of machine learning in sports betting as one of the prime reasons driving the sports betting market growth during the next few years.
  • Also, increasing popularity of e-sports tournaments and rising consolidation in sports betting market will lead to sizable demand in the market.
  • Also, the sports betting market analysis report includes information on upcoming trends and challenges that will influence market growth.
  • The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

AGCO issues $70,000 in monetary penalties to three internet gaming operators for offering uncertified slot games

Retrieved on: 
Thursday, April 20, 2023

In addition, contrary to Standard 1.22, the uncertified games that Mobile Incorporated Limited allegedly provided were from suppliers who are not registered with the AGCO.

Key Points: 
  • In addition, contrary to Standard 1.22, the uncertified games that Mobile Incorporated Limited allegedly provided were from suppliers who are not registered with the AGCO.
  • The Standards were put in place to protect Ontarians from potential harms while ensuring game integrity and fairness.
  • “The AGCO holds all registered operators to high standards of responsible gambling, player protection and game integrity, and monitors their activities in the interest of Ontarians.
  • A critical feature of our regulatory framework requires operators to only offer games that are from registered gaming suppliers and have been certified by an AGCO-registered independent testing laboratory to meet the highest standards of game integrity.

Sports Betting Market Analysis Report 2022: Global Forecasts to 2027 - Growing Partnerships Between High-End Resorts and Casinos with Leading Market Players - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 15, 2022

The "Sports Betting Market - Forecasts from 2022 to 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Sports Betting Market - Forecasts from 2022 to 2027" report has been added to ResearchAndMarkets.com's offering.
  • The sports betting market was evaluated at US$90.124 billion in the year 2020, growing at a CAGR of 10.92% reaching the market size of US$186.163 billion by the year 2027.
  • Furthermore, the rising penetration of various legal online platforms in some countries is further supplementing the sports betting market growth in the near future.
  • Furthermore, the growing partnerships between high-end resorts and casinos with leading market players for availing their services also show the potential for the market to grow in the near future.

MGM RESORTS INTERNATIONAL RECOGNIZED FOR CLIMATE CHANGE, WATER SECURITY TRANSPARENCY

Retrieved on: 
Wednesday, December 14, 2022

LAS VEGAS, Dec. 14, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has been recognized for leadership in corporate transparency and performance on climate change and water security by global environmental non-profit CDP, securing a place on the organization's annual A List.

Key Points: 
  • LAS VEGAS, Dec. 14, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has been recognized for leadership in corporate transparency and performance on climate change and water security by global environmental non-profit CDP, securing a place on the organization's annual A List.
  • "We are fiercely committed to corporate environmental leadership and continuing our efforts around water stewardship and the fight against climate change."
  • Based on data reported through CDP's 2022 Climate Change and Water Security questionnaires, MGM Resorts is one of 57 companies to achieve a double-A rating on climate change and water security, out of more than 15,000 scored.
  • The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE Magazine's World's Most Admired Companies.

MGM Resorts International Named a Top Employer for Veterans by Military Times

Retrieved on: 
Thursday, November 10, 2022

LAS VEGAS, Nov. 10, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has been recognized as one of the nation's top 25 leading employers for culture, recruitment and policies for veterans, service members and military families in the Military Times' Best for Vets: Employers list. Also, MGM Resorts was the highest ranked company overall in Nevada and second highest ranked hospitality company in the nation.

Key Points: 
  • The Company earns a top 25 ranking on Military Times' 2022 'Best for Vets' list, is the only Nevada-based hospitality company featured
    LAS VEGAS, Nov. 10, 2022 /PRNewswire/ --MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has been recognized as one of the nation's top 25 leading employers for culture, recruitment and policies for veterans, service members and military families in the Military Times' Best for Vets: Employers list.
  • Also, MGM Resorts was the highest ranked company overall in Nevada and second highest ranked hospitality company in the nation.
  • Mort Greenberg, SVP of Media Solutions at Military Times, said, "Military Times continues to set the standard for employer rankings for transitioning service members and veterans.
  • The Company also takes pride in creating personal connections with veterans through the MGM Rewards Military and Veterans Program, known as MVP.

MGM Resorts International Recognized as a Leader in Creating an Inclusive Workplace

Retrieved on: 
Monday, November 7, 2022

LAS VEGAS, Nov. 7, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has been named a Leading Inclusion Index Company in the Seramount Inclusion Index .

Key Points: 
  • LAS VEGAS, Nov. 7, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has been named a Leading Inclusion Index Company in the Seramount Inclusion Index .
  • MGM Resorts is among 36 organizations recognized as a Leading Inclusion Index Company.
  • "We are honored to be recognized for our enduring commitments to advancing diversity, equity and inclusion throughout our company," said MGM Resorts Chief People, Inclusion and Sustainability Officer Jyoti Chopra.
  • The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE Magazine's World's Most Admired Companies.