LeoVegas Group said its Tiger sportsbook has launched in the UK across the BetMGM, LeoVegas and BetUK brands. The company said the platform had previously launched in Denmark, Brazil and Sweden.
The UK launch extends LeoVegas Group’s Tiger sportsbook across BetMGM, LeoVegas and BetUK.
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BetMGM and MGM Resorts said they would contribute $320,000 to responsible gambling initiatives during September’s Responsible Gaming Education Month. The money will support research, state problem gambling councils, the 1-800-GAMBLER helpline and the Evive Foundation. The companies also reported that more than 3,000 employees had qualified as GameSense Advisors.
Entain reported first-half net gaming revenue of £2.55 billion, up 7% for the six months to the end of June, as underlying EBITDA fell 2% to £479.3 million. The company said World Cup engagement helped offset higher UK gambling taxes, and it reiterated full-year guidance for online revenue growth of 5% to 7%.
BetMGM no longer expects to reach its $500m annual EBITDA target next year. The MGM Resorts and Entain joint venture reported mixed results.
MGM Resorts International and BetMGM renewed their partnerships with Major League Baseball under new multi-year agreements, according to the companies’ reported announcement. MGM Resorts will remain MLB’s exclusive integrated resort and casino partner, while BetMGM will continue promoting its sports betting platform across MLB media channels in the US and Canada.
Boa Lion, the Brazilian joint venture between MGM Resorts International and Grupo Globo, agreed to acquire all of video bingo developer Bingão do Brasil, according to a report citing a CADE notice published on 9 June. The transaction price was not disclosed, and completion depends on approval by Brazil’s competition authority; Bingão do Brasil has not begun commercial operations.