MGM Resorts News 2026
Las Vegas Strip Revenue Dips as High Rollers Favor World Cup Events
Gaming revenue on the Las Vegas Strip fell 1.4% to $754.6 million in June, a decline linked by analysts to high-stakes baccarat players traveling for the World Cup.
BetMGM Forced to Adjust EBITDA Timeline Due to Prediction Market Growth
BetMGM has revised its target for $500m in adjusted EBITDA beyond 2027, citing competitive pressure from US prediction markets and regulatory hurdles.
Gaming Stocks Volatile: Big Earnings Week Ahead After Weak Q2 Start
The gaming sector faces a crucial week as top firms report earnings following a 1.36% drop in the Roundhill ETF during the season's start.
NCPG Sponsorship Controversy: Recovered Gambler Slams Industry Funding
A former gambler who lost $10 million criticizes the National Council on Problem Gambling for accepting sponsorships from firms like FanDuel and Kalshi.
iGaming Compliance Testing: Essential Before Launch
To ensure conformity before market entry, iGaming operators need a detailed checklist. This involves defining the regulatory perimeter and reviewing technical standards, similar to those of the UK Gambling Commission.
Brazil Investigates Esportes da Sorte Over Alleged Betting Advertising Violations
The Brazilian government has launched an investigation into betting operator Esportes da Sorte. The case concerns alleged violations of advertising guidelines, highlighting the growing regulatory scrutiny in Latin America.