BetMGM Anticipates $250M Core Loss in 2024 Amid Aggressive Marketing Push

BetMGM, a joint venture between MGM Resorts and Entain, has recently announced that its financial losses for the year are expected to surpass earlier projections. This news comes as the company aggressively ramps up its marketing strategies to compete in a fiercely competitive sports betting market. Financial performance and market challenges: In a detailed financial update, […]