Bulletin
Investor Alert

Market Pulse Archives

Oct. 29, 2019, 6:24 a.m. EDT

MGM venture reaches pact to be sports betting platform on Yahoo Sports

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Verizon Communications Inc. (VZ)
  • X
    MGM Resorts International (MGM)
  • X
    GVC Holdings PLC (GVC)

or Cancel Already have a watchlist? Log In

By Steve Goldstein

Yahoo Sports will provide sports betting through the BetMGM platform on its app, starting in November, the company said Tuesday. Verizon-owned /zigman2/quotes/204980236/composite VZ -0.81% Yahoo said it's agreed a multi-year partnership with Roar Digital, which is owned by a venture from MGM Resorts /zigman2/quotes/209932643/composite MGM -0.69% and GVC Holdings /zigman2/quotes/207493593/delayed UK:GVC +9.64% . Financial terms weren't disclosed.

/zigman2/quotes/204980236/composite
US : U.S.: NYSE
$ 58.51
-0.48 -0.81%
Volume: 12.83M
Aug. 11, 2020 4:00p
P/E Ratio
12.65
Dividend Yield
4.20%
Market Cap
$244.10 billion
Rev. per Employee
$905,626
loading...
/zigman2/quotes/209932643/composite
US : U.S.: NYSE
$ 21.50
-0.15 -0.69%
Volume: 34.40M
Aug. 11, 2020 4:00p
P/E Ratio
5.66
Dividend Yield
0.05%
Market Cap
$10.68 billion
Rev. per Employee
$213,874
loading...
/zigman2/quotes/207493593/delayed
UK : U.K.: London
785.00 p
+69.00 +9.64%
Volume: 4.05M
Aug. 11, 2020 4:35p
P/E Ratio
N/A
Dividend Yield
2.24%
Market Cap
£4.18 billion
Rev. per Employee
N/A
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.