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The profitability conundrum: exclusive interview with BetMGM CEO Adam Greenblatt

7th March 2022 12:01 pm GMT
BetMGM CEO Adam Greenblatt
Playtech

Share prices have sunk as the markets recoil from the millions of dollars spent on sports betting marketing but one operator is doing it differently and perhaps there is a lesson here for smaller American casinos

Churchill Downs recently pulled out of iGaming and online sports betting, citing the competition “pursuing maximum market share in every state with limited concern for short-term or even long-term profitability”.

Meanwhile, Wynn Resorts is mulling the sale of its Wynn Interactive [...]

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