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BetMGM pulls back in states without iGaming amid prediction market impact

By SectorWire desk ·

Summary

The report said that BetMGM is retreating from states without iGaming as prediction markets affect its business. CEO Adam Greenblatt said the company continues to focus on higher-value, higher-staking players.

Why it matters

BetMGM’s retreat signals reduced focus on states without iGaming as prediction markets affect its business.

Entity mapoperates inUSAAdam GreenblattBetMGMAlberta
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