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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 -0.26% 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 -2.29% and GVC Holdings . Financial terms weren't disclosed.

/zigman2/quotes/204980236/composite
US : U.S.: NYSE
$ 57.18
-0.15 -0.26%
Volume: 11.91M
June 14, 2021 4:00p
P/E Ratio
12.54
Dividend Yield
4.39%
Market Cap
$237.35 billion
Rev. per Employee
$970,439
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/zigman2/quotes/209932643/composite
US : U.S.: NYSE
$ 42.22
-0.99 -2.29%
Volume: 3.49M
June 14, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
0.02%
Market Cap
$21.20 billion
Rev. per Employee
$122,907
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