Letter From America 47
Packed with headliners. There’s no other way to describe Letter From America this week, as we feature a clutch of compelling stories…
MGM Resorts International
Boosted By BetMGM Sprog, Entain FY25 Is Sunny Side Up
Boosted by its increasingly profitable sprog, UK gambling giant Entain today reaffirmed a sunny side up outlook for its Full Year 25….
BetMGM Raises FY25 Guidance After Strong Q3 Performance
BetMGM, the joint venture between Entain and MGM Resorts International, has reported better-than-expected results for Q3 2025, driven by strong performance across…
Punters Are Leaving Las Vegas…Sort Of
Bill Hornbuckle may disagree. And as boss of the biggest beast on the storied Strip he’s got powerful reasons to counter negative…
DFS 3.0, The Big Heat: FanDuel, DraftKings Coming For Prediction Markets
Flutter Entertainment’s FanDuel–which entered the pre-PASPA U.S. sports betting space as a DFS pioneer, along with DraftKings–has thrown down the gauntlet to…
Led By Stella The Warrior, Entain Looks To The Fiscal Uplands
The great Entain reset continues with the UK’s top gambling omnichannel reporting a seven percent increase in Net Gaming Revenue (NGR) in…
Champagne Supernova, BetMGM Expecting US$150m+ EBITDA in 2025
Leading U.S. sportsbook BetMGM is anticipating 2025 Full Year revenue of US$2.7 billion (£2.02bn), with EBITDA of over US$150 million (£112.35m), the…
And Then There Were Eight, It’s Crunch Time For Aspiring Big Apple Casinos
Wynn Resorts and Las Vegas Sands dropped out prematurely, leaving a so-called lucky eight operators to contest the three open slots to…
MGM Yonkers Submits Casino License Bid in New York
MGM Yonkers Inc., a subsidiary of MGM Resorts International, has formally submitted its commercial casino license application to the New York Gaming…
New York City Casino Wars: Mega Hitters Move Over Mafia
The appetite for gambling in New York, the “City That Never Sleeps”, is vast and compelling. Just look at the Empire State…