2024.07.19
seneca niagara casino win lobMGM Resorts International (NYSE:MGM) CFO Jonathan Halkyard says the company is working on plans to make the BetMGM iGaming and sports wagering business a global brand. He reiterated the company’s pursuit of the fanduel casino on ipadasset-light strategy that’s seen it jettison an array of property assets and shed some smaller, underperforming businesses.When I think about what this company needs to be, definitely the best-known brand, most trusted brand in gaming,” Halkyard said at the Bank of America Conference. Legislation to allow sports betting is active in two more states.This summer, nine states each handled sports bets in the hundreds of millions of dollars. gta v online casino heist scope outNevada handled the second-highest total, 9.9 million. “Then, to the extent that it is regulated, online offerings internationally.”Currently, MGM’s international portfolio of land-based assets consists of the MGM China unit, which controls the MGM Macau and MGM Cotai integrated resorts in Macau. Nationwide, 26 states already allow bettors to wager on live sporting events. riverwind casino july 4th 4crowns casino no deposit bonus codesaliante casino promotionsNew Orleans Saints fafanduel casino on ipadns, known as the Who Dat Nation, cheer during a home game in a previous season. Tourists walk past the entrance for MGM. (Image: Las Vegas Review-Journal)The executive made the remarks at the Bank of America Securities 2021 Gaming and Lodging Conference on Thursday. bovada casino mobile appMGM Resorts International (NYSE:MGM) CFO Jonathan Halkyard says the company is working on plans to make the BetMGM iGaming and sports wagering business a global brand. In Japan, it could take six or seven years before gaming properties there are operational, assuming winning cities are selected early next year.Acquisition Could Be Effective AvenueHalkyard acknowledges that outside of Japan and Macau, the pool for land-based casino expansion on an international level is shallow.“Realistically the opportunity for integrated resorts is not going to be in a wide number of jurisdictions, and the capital cost can be pretty extreme. But in our spots — Macau and Japan — we would expect to be a player there,” he said.The MGM CFO didn’t comment on potential acquisitions. nearest casino to knoxville tn admiral casino promo codebicycle casino outdoorThe unit is a 50/50 joint venture between the Las Vegas-based casino operator and British gaming firm Entain Plc (OTC:GMVHY). Takeover rumors involving Entain, which usually center around MGM, aren’t dying down. (Image: Las Vegas Review-Journal)The executive made the remarks at the Bank of America Securities 2021 Gaming and Lodging Conference on Thursday. “Then, to the extent that it is regulated, online offerings internationally.”Currently, MGM’s international portfolio of land-based assets consists of the MGM China unit, which controls the MGM Macau and MGM Cotai integrated resorts in Macau. CFO CFO Jonathan Halkyard is eyeing international markets. Nevada handled the second-highest total, 9.9 million. mgm casino fire 1980 lucky 88 online casino real money |