Tag Archive: mgm

GVC Merges with MGM

Posted By: Date: 06/10/2019

This is really exciting news! UK GVC has just formed an agreement with MGM which will pave the way for a joint sports betting operation. This venture will be online and it will be HUGE! Earlier this year, the US Supreme Court announced that online sports betting was legal. Since this decision, shares of pretty much every online sports betting venture have rose and the web of new online sports betting creations are endless. However, this one is particular important... Read More »

MGM Applies for Online Gambling License

Posted By: Date: 11/15/2018

MGM AND Golden Nugget are stepping in and making moves! There are currently 5 of 11 online gambling licenses in Pennsylvania up for grabs and MGM went right in. But, these licenses do not come cheap at a fee of $4 million each! No doubt their profits will be upwards of that in no time but, still, that number has me gasping for air. MGM owns Borgata Hotel in Atlantic City, applied for 3 licenses to conduct online poker, slots... Read More »

New MGM Opens!

Posted By: Date: 09/24/2018

Just a few weeks ago, a brand new resort style casino just opened up in Springfield Massachusetts. Just to give you an idea on how massive this casino is, it cost a whopping $960 million to build. They even had a celebratory parade on opening day. The parade was lucky to have the Budweiser Clydesdales marching, a Marching Band along with hundreds of MGM Springfield employees and construction workers. People were actually waiting in line since 5 AM on opening... Read More »

MGM signs with NBA

Posted By: Date: 08/22/2018

This is big news, especially if you’re a sports nut. MGM just signed a partnership with the NBA to become its first sports betting partner, ever. This is a multi-year deal and will basically allow the casino chain (MGM) to use their official names and logos across the hotel. The 3 year agreement is priced at $25 million! Just when you think this is pricey, MGM shares rose by 2.5 percent right after the agreement signed. What do you think,... Read More »