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

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

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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 -1.00% 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 -8.08% and GVC Holdings /zigman2/quotes/207493593/delayed UK:GVC +7.49% . Financial terms weren't disclosed.

/zigman2/quotes/204980236/composite
US : U.S.: NYSE
$ 54.70
-0.55 -1.00%
Volume: 17.61M
April 3, 2020 6:30p
P/E Ratio
11.76
Dividend Yield
4.50%
Market Cap
$226.46 billion
Rev. per Employee
$905,626
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/zigman2/quotes/209932643/composite
US : U.S.: NYSE
$ 10.58
-0.93 -8.08%
Volume: 37.80M
April 3, 2020 6:30p
P/E Ratio
2.67
Dividend Yield
5.67%
Market Cap
$5.21 billion
Rev. per Employee
$213,874
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/zigman2/quotes/207493593/delayed
UK : U.K.: London
483.70 p
+33.70 +7.49%
Volume: 3.41M
April 3, 2020 4:35p
P/E Ratio
N/A
Dividend Yield
7.28%
Market Cap
£2.82 billion
Rev. per Employee
N/A
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