GVC MGM Casino16 Jul 2020 21:29
Most of you will now have had time to read the GVC RNS H1 report today
Extract : Second round of investment committed to BetMGM (the Group's US JV with MGM Resorts), bringing total investment from GVC and MGM Resorts to $450m in order to accelerate its ambitions to be the market leader in the rapidly expanding US sports betting and gaming market.
Tie that in with the Pennsylvania news I gave earlier that came out today :
partypoker looks poised to make its debut in Pennsylvania as early as August. BetMGM, the online gaming and sports betting brand jointly operated by partypoker’s parent firm GVC Holdings and MGM Resorts, is likely to get its i-gaming license approved by the Pennsylvania Gaming Control Board (PGCB) shortly. The company is currently testing the BetMGM and partypoker apps for operations in the US state.
Then go on the GVC website click about us:
GVC Holdings PLC (LSE:GVC) is one of the world’s largest sports betting and gaming groups. Via our unique proprietary technology platform, we offer sports betting, casino, poker and bingo and operate some of the industry’s most popular online brands including bwin, Sportingbet, partypoker.
Go to these 3 betting websites check and you’ll see that Leap are the sole providers of all 3 websites virtual sports...
At just off multi-year lows but holding 43.4% of Leap you can decide for yourself if this is a buy.