BetMGM cash reaches MGM as Strip earnings fall 12% and US iGaming growth slows
BetMGM paid MGM $34 million in distributions and brand license fees in the third quarter, while MGM's Las Vegas Strip earnings fell 12%. The online venture's profit rose 112%, but its iGaming growth trailed a slowing US market. The post BetMGM cash reaches MGM as Strip earnings fall 12% and US iGaming growth slows appeared first on ReadWrite.
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