Entain

Bragg Gaming Reports Fourth Quarter and Full Year 2023 Financial Results, Confirms Formation of Special Committee

Retrieved on: 
Tuesday, March 26, 2024

“Upon closer examination of the Dutch market, it is evident that challenges have arisen due to increased competition and new regulations since July.

Key Points: 
  • “Upon closer examination of the Dutch market, it is evident that challenges have arisen due to increased competition and new regulations since July.
  • Additionally, in Q4 2023, the Company extended its agreement with Entain Plc to supply its PAM platform to BetCity.nl, Entain’s Dutch iGaming operator, until 2025.
  • The Company will host a conference call today, March 26, 2024, at 8:30 a.m. (Toronto Time), to discuss its fourth quarter and full year 2023 results.
  • “Adjusted EBITDA” is a financial measure that does not have a standardized meaning under International Financial Reporting Standards (“IFRS”).

BRAGG GAMING REPORTS FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS, CONFIRMS FORMATION OF SPECIAL COMMITTEE

Retrieved on: 
Tuesday, March 26, 2024

In the Netherlands, the Company maintains its dominant position as the leading PAM provider, serving five customers with our PAM solutions in the region.

Key Points: 
  • In the Netherlands, the Company maintains its dominant position as the leading PAM provider, serving five customers with our PAM solutions in the region.
  • Upon closer examination of the Dutch market, it is evident that challenges have arisen due to increased competition and new regulations since July.
  • Additionally, in Q4 2023, the Company extended its agreement with Entain Plc to supply its PAM platform to BetCity.nl, Entain's Dutch iGaming operator, until 2025.
  • The Company will host a conference call today, March 26, 2024, at 8:30 a.m. (Toronto Time), to discuss its fourth quarter and full year 2023 results.

ENTAIN AND MGM RESORTS INTERNATIONAL

Retrieved on: 
Tuesday, February 6, 2024

LAS VEGAS, Feb. 6, 2024 /PRNewswire/ -- BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") will release an update on BetMGM's FY 2023 performance at 9:00am EST on Thursday, February 8, 2024. 

Key Points: 
  • LAS VEGAS, Feb. 6, 2024 /PRNewswire/ -- BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") will release an update on BetMGM's FY 2023 performance at 9:00am EST on Thursday, February 8, 2024.

BetMGM CEO and CFO to participate in 2023 Morgan Stanley Global Consumer and Retail Conference

Retrieved on: 
Tuesday, December 5, 2023

LAS VEGAS, Dec. 5, 2023 /PRNewswire/ -- BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") will participate in the 2023 Morgan Stanley Global Consumer and Retail Conference in New York on Wednesday, December 6, 2023.

Key Points: 
  • LAS VEGAS, Dec. 5, 2023 /PRNewswire/ -- BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") will participate in the 2023 Morgan Stanley Global Consumer and Retail Conference in New York on Wednesday, December 6, 2023.
  • A fireside chat with BetMGM's CEO Adam Greenblatt and CFO Gary Deutsch is scheduled at 5:00 a.m. PT / 8:00 a.m.
  • ET.
  • The session will be moderated by Stephen Grambling, Morgan Stanley Executive Director of US Gaming, Lodging and Leisure Equity Research.

BetMGM Business Update

Retrieved on: 
Monday, December 4, 2023

LAS VEGAS, Dec. 4, 2023 /PRNewswire/ -- BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") will host a business update for analysts and investors at 11:00 a.m. Eastern Time today.

Key Points: 
  • LAS VEGAS, Dec. 4, 2023 /PRNewswire/ -- BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") will host a business update for analysts and investors at 11:00 a.m. Eastern Time today.
  • The virtual presentation will provide the latest views on BetMGM's performance to date, product enhancements and technology updates, sources of competitive differentiation and financial outlook.
  • Following the presentations, there will be a live Q&A session.
  • Q&A participants may access the live audio dial-in, details below:

BetMGM Business Update Event Details

Retrieved on: 
Monday, November 27, 2023

LAS VEGAS, Nov. 27, 2023 /PRNewswire/ -- BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") will host a business update for analysts and investors at 11:00 a.m. Eastern Time on Monday, December 4, 2023.

Key Points: 
  • LAS VEGAS, Nov. 27, 2023 /PRNewswire/ -- BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") will host a business update for analysts and investors at 11:00 a.m. Eastern Time on Monday, December 4, 2023.
  • The virtual business update will include presentations from BetMGM's Chief Executive Officer Adam Greenblatt and Chief Financial Officer Gary Deutsch and will be followed by a live Q&A session.
  • The event, including registration, can be accessed through the following link:
    An on-demand replay also will be available after the event.
  • Q&A participants may access the live audio dial-in, details below:

Bragg Gaming Group Third Quarter Revenue Rises 8.0% Year Over Year to €22.6 Million (USD $24.0 Million)

Retrieved on: 
Thursday, November 9, 2023

“Third quarter year over year revenue rose 8% to €22.6 million (USD $24.0 million), gross profit increased 13.5% to €11.9 million (USD $12.6 million) and Adjusted EBITDA increased more than 70% to €3.8 million (USD $4.0 million).

Key Points: 
  • “Third quarter year over year revenue rose 8% to €22.6 million (USD $24.0 million), gross profit increased 13.5% to €11.9 million (USD $12.6 million) and Adjusted EBITDA increased more than 70% to €3.8 million (USD $4.0 million).
  • The Company will host a conference call today, November 9, 2023, at 8:30 a.m. Eastern Time, to discuss its third quarter 2023 results.
  • Non-IFRS measures are not recognized measures under IFRS and do not have standardized meanings prescribed by IFRS.
  • These measures may be different from non-IFRS financial measures used by other companies, limiting their usefulness for comparison purposes.

Bragg Gaming Extends Agreement with Entain for Provision of PAM to BetCity.nl

Retrieved on: 
Tuesday, November 7, 2023

Bragg Gaming Group Inc. ( NASDAQ: BRAG , TSX: BRAG ) (“Bragg” or the “Company”), a global B2B gaming technology and content provider, today announced it has extended its agreement with Entain Plc (LSE: ENTL) to supply Entain’s Dutch iGaming operator, BetCity.nl, with the Company’s Player Account Management (“PAM”) platform until 2025.

Key Points: 
  • Bragg Gaming Group Inc. ( NASDAQ: BRAG , TSX: BRAG ) (“Bragg” or the “Company”), a global B2B gaming technology and content provider, today announced it has extended its agreement with Entain Plc (LSE: ENTL) to supply Entain’s Dutch iGaming operator, BetCity.nl, with the Company’s Player Account Management (“PAM”) platform until 2025.
  • In addition, Bragg will integrate with several new iGaming suppliers to further enhance the localized content portfolio the Company provides to the Netherlands market.
  • Matevž Mazij, Bragg Chairman and Chief Executive Officer, commented, “As reflected in BetCity.nl’s strong market position, we have enjoyed a highly successful partnership since launching with them a little over two years ago.
  • The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management’s current expectations and plans relating to the future.

Italian Gaming Market Analysis Report 2023-2028: Gamers Embrace the Synergy of Tech and Play in the Rise of AR, VR, and Esports - ResearchAndMarkets.com

Retrieved on: 
Friday, September 8, 2023

The Italian gaming market appears to be benefitting from strong underlying growth within the online segment.

Key Points: 
  • The Italian gaming market appears to be benefitting from strong underlying growth within the online segment.
  • Therefore, owing to the favorable regulations, the Italian gaming market has been experiencing growth in the past few years.
  • The Italian online gaming market can be divided into three segments based on the type: iGaming, iSports, and Other.
  • Taxation and revenue sharing policies can play a significant role in supporting the growth of the Italian gaming market.

MGM Resorts and BetMGM Executives to Speak at the 2023 Bank of America Gaming and Lodging Conference

Retrieved on: 
Tuesday, September 5, 2023

LAS VEGAS, Sept. 5, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts") and BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts and Entain plc (LSE: ENT) ("Entain"), will participate in the Bank of America Gaming and Lodging Conference on Thursday, September 7, 2023.

Key Points: 
  • LAS VEGAS, Sept. 5, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts") and BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts and Entain plc (LSE: ENT) ("Entain"), will participate in the Bank of America Gaming and Lodging Conference on Thursday, September 7, 2023.
  • MGM Resorts CEO and President Bill Hornbuckle and SVP of Corporate Finance Sarah Rogers will speak at a session scheduled to begin at 12:10 p.m.
  • The session will include a presentation, followed by Q&A moderated by Shaun Kelley, Managing Director, Gaming, Lodging and Leisure.
  • BetMGM CEO Adam Greenblatt and CFO Gary Deutsch will speak at a session scheduled to begin at 1:20 p.m.