MGM Resorts International (NYSE:MGM)
$ 34.74 0.45 (1.31%) Market Cap: 10.34 Bil Enterprise Value: 40.02 Bil PE Ratio: 12.45 PB Ratio: 3.19 GF Score: 77/100

MGM Resorts International and Entain PLC Announce BetMGM Business Update Event Transcript

Apr 21, 2021 / 03:00PM GMT
Release Date Price: $41.2 (+4.17%)
Jette Nygaard;Andersen
Entain Plc - CEO & Director

Good morning. On behalf of Entain, MGM Resorts and BetMGM, thank you for joining today. We are excited to share with you an update on BetMGM, and for you to hear directly from key members of the executive team, what has been driving the fantastic success in the U.S. sports betting and iGaming space, and why we believe this momentum will continue going forward.

Although Entain is a relatively young company, through our brands, we have an incredibly rich heritage of leading the sports betting and gaming industries for several decades. That is both in retail, online and, of course, across omnichannel, delivering a great customer offer backed up by our powerful proprietary technology.

Today, Entain is a USD 13 billion global leader in online betting and gaming, licensed in 27 territories around the world, enjoying market-leading positions. We are unique amongst the major operators in owning 100% of our proprietary technology platform, proven, and also reliable with an uptime of 99.98%. It's a tech stack that is at the

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