BetMGM Leadership to Join 2023 Morgan Stanley Global Consumer and Retail Conference

On December 5, 2023, executives from BetMGM, a top-tier U.S. sports betting and iGaming operator, announced their participation in the esteemed 2023 Morgan Stanley Global Consumer and Retail Conference. BetMGM is a synergistic joint venture between the U.S.-based global hospitality and entertainment leader, MGM Resorts International MGM and the internationally recognized sports betting and gaming group, Entain plc with the stock ticker GMVHF.

Collaboration Between Industry Powerhouses

The collaboration merges MGM Resorts' premier brand and extensive customer base with Entain's cutting-edge technology, establishing BetMGM as a formidable contender in the rapidly expanding U.S. sports betting and iGaming landscape. The strategic alliance allows BetMGM to leverage MGM Resorts' iconic resorts worldwide, while Entain provides a platform for scalable online growth. This unique partnership epitomizes a balance of physical presence and digital prowess in the gaming industry.

BetMGM's Strategic Position and Future Outlook

BetMGM's initiative to engage with the financial community at the Morgan Stanley conference underscores its commitment to maintaining a significant industry presence and reinforces investor confidence. This move comes at a time when the market for legal sports betting and online gaming in the United States continues to show robust growth potential. As institutional and retail investors alike assess market trends, the conference will provide an invaluable opportunity for BetMGM's management to showcase their operational excellence, future strategic endeavours, and financial performance, potentially influencing the investor sentiment towards both MGM and GMVHF.

BetMGM, MGMResorts, Entain