ESPN’s financial woes, exacerbated by the COVID-19 pandemic, have resulted in a massive layoff of 300 staffers along with the elimination of 200 currently unfilled job openings. The layoffs will be spread throughout the sports cable empire, with on-air personnel being spared initially, according to a memo from ESPN Chairman […]
On Monday, less than 24 hours after Tennessee opened up for sports betting, the Memphis Grizzlies announced a partnership with FanDuel, making it the first such association between a gambling operator and an NBA franchise. FanDuel just began operations in Tennessee as one of a quartet of online sportsbooks licensed […]
Even after aggressively purging its payroll, MGM Resorts lost more than a half-billion dollars in the third quarter of 2020. A singular bright spot was the company’s online sports betting arm, BetMGM, CEO Bill Hornbuckle said Thursday during the company’s quarterly earnings call. New Jersey-based BetMGM, a joint venture with GVC […]
BetMGM was unanimously cleared by the Pennsylvania State Gaming Control Board on Wednesday to begin offering sports betting in the Keystone State, if it can clear a final hurdle and find a land-based casino with whom to partner. A Step Closer Owned by MGM Resorts and GVC Holdings, BetMGM first […]
The wait is over for Tennesseans looking for sports betting to begin in their home state as a quartet of sites is set to go live this weekend. While many bettors are eagerly awaiting the chance to place legal wagers on their favorite teams, there are some important regulations they […]
In a move that portends an emergence as a content and social media juggernaut, BetMGM Tuesday hired Ryan Spoon, ESPN’s senior vice president of digital and social content. Spoon will depart ESPN’s Bristol headquarters to step in as chief operating officer at BetMGM, the New Jersey-based sports gambling venture owned […]
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