BetMGM CEO, Adam Greenblatt Says Co Is Very Focus Now On Deal ROI, Says Co Is Looking Into Its Early Partnerships To Make Sure It Gets Enough Value Of Them
Portfolio Pulse from Benzinga Newsdesk
BetMGM CEO Adam Greenblatt stated that the company is currently focused on deal ROI and is reviewing its early partnerships to ensure they provide sufficient value.
May 24, 2023 | 4:30 pm
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BetMGM, a subsidiary of MGM Resorts, is focusing on deal ROI and evaluating early partnerships for value.
As BetMGM is a subsidiary of MGM Resorts, the focus on deal ROI and partnership evaluation may have a neutral short-term impact on MGM's stock price. The news indicates a strategic approach to partnerships, but it is not clear how this will directly affect MGM's financial performance in the short term.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 90