One of the most hotly contested issues in the industry at the moment is election betting. As event contracts continue to expand into the sports betting market, the CEO of BetMGM, when asked about it during an investor update call, did not rule out going down that path.
He stated that he believes BetMGM has what it takes to be a leader in the area if the playing field were level, pointing out that BetMGM has experimented with it in Ontario and that its co-parent Entain has experience offering such markets lawfully in Europe.
He stated that he believes BetMGM has what it takes to be a leader in the area if the playing field were level, pointing out that BetMGM has experimented with it in Ontario and that its co-parent Entain has experience offering such markets lawfully in Europe.