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BetMGM income nears $2bn in 2023.

BetMGM, the joint venture between Entain and MGM Resorts, generated almost $2.00bn (£1.59bn/€1.86bn) in revenue in 2023, reaching the upper end of its guidance range. Revenue for the 12 months to 31 December 2023 amounted to $1.96bn. BetMGM forecast between $1.80bn and $2.00bn for the full year, with several developments helping to drive growth. In line with

Pennsylvania operators fined for allowing bets on unapproved sporting event.

The Pennsylvania Gaming Control Board (PGCB) has fined Mountainview Thoroughbred Racing Association and BetMGM for accepting bets on an unapproved sporting event. The sanction was confirmed after the regulator approved a consent agreement presented by the Board’s Office of Enforcement Counsel (OEC). The agreement was the result of negotiations between OEC and Mountainview Thoroughbred Racing

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