2020 Full Year Results and Net Zero Carbon Commitment Entain has this morning published its 2020 Full Year Results. In a separate announcement the Group has committed to going carbon net zero across all of its operations by no later than 2035. Click the links below for: 2020 Full Year Results (HTML) 2020 Full Year Results (PDF) 2020 Full Year Results Webcast
2022pmKK
: MGM Resorts: BetMGM Winning Revenue and Profits in
BetMGM offered more signs that leading operators, which also include DraftKings, FanDuel, no-moat Caesars, and no-moat Penn, are experiencing improving profitability. Specifically, BetMGM reached EBITDA profitability in its second quarter and expects that to endure in the second half of the year. Encouragingly, same-state customer acquisition costs improved 8% in the first year, which we think is aided by improving utilization of customer data. In turn, net gaming revenue margin (which includes all promotions) improved 300 basis points in the first half over the previous year’s period. Further, all launches through 2022 are in positive contribution territory, aided not only by improving acquisition costs but continued play, with older vintage (players from 2021 or earlier) revenue per player up 65%. BetMGM is live in 26 jurisdictions, amounting to about half of the U.S. population. It has the leading share in iGaming and is generally the number-three player in sports betting, behind just FanDuel and DraftKings. We still expect around a handful of states to legalize sports betting and iGaming over the next several years, supporting industry growth.
Die beeindruckende finanzielle Leistung von BetMGM könnte MGM Resorts International dazu veranlassen, die Idee einer Übernahme von Entain Plc neu zu bewerten. Trotz früherer Aussagen der Führungskräfte von MGM, die Desinteresse signalisierten, könnten die wachsenden Einnahmen von BetMGM Gespräche über eine mögliche Übernahme wieder in Gang setzen.
Spekulationen über Entain-Übernahme durch finanziellen Erfolg von BetMGM befeuert
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