BetMGM Launches Sports Betting App In Puerto Rico
Portfolio Pulse from Shivani Kumaresan
BetMGM, owned by MGM Resorts International and Entain Plc, has launched its mobile sports betting app in Puerto Rico in partnership with Casino del Mar at La Concha Resort. This marks the second market outside the U.S. mainland for BetMGM's app. The app offers a user-friendly experience for Puerto Rico residents to place various types of wagers.
June 08, 2023 | 3:44 pm
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POSITIVE IMPACT
Entain Plc's BetMGM has launched its mobile sports betting app in Puerto Rico, potentially increasing the company's revenue and market presence.
The launch of BetMGM's app in Puerto Rico expands the company's market presence and could lead to increased revenue. This positive news may have a short-term positive impact on Entain Plc's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
MGM Resorts International's BetMGM has launched its mobile sports betting app in Puerto Rico, potentially increasing the company's revenue and market presence.
The launch of BetMGM's app in Puerto Rico expands the company's market presence and could lead to increased revenue. This positive news may have a short-term positive impact on MGM's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50