Since its inception, MGM Resorts International and Entain Plc have shared 50 percent of the profits from BetMGM. That will continue to be the case for the foreseeable future, but the partnership might end at some point.
While BetMGM's 50/50 ownership structure is likely to last for the foreseeable future, the CEO of Entain warned the audience that a time will come when the iGaming and online sportsbook operator will have a different ownership structure.
She didn't go into detail about a timetable for changes to the joint venture or the potential forms that changes or dissolution might take.
While BetMGM's 50/50 ownership structure is likely to last for the foreseeable future, the CEO of Entain warned the audience that a time will come when the iGaming and online sportsbook operator will have a different ownership structure.
She didn't go into detail about a timetable for changes to the joint venture or the potential forms that changes or dissolution might take.
