NBA strikes sports betting deal with MGM as official partner [Reuters]
MGM Resorts International (MGM)
Last mgm resorts international earnings: 4/30 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.mgmresorts.com
Company Research
Source: Reuters
NBA strikes sports betting deal with MGM as official partner | Reuters 3 Min Read NEW YORK, July 31 (Reuters) - The National Basketball Association on Tuesday announced its first-ever official sports betting partner, MGM Resorts International, with the league agreeing to sell its official game data to the casino operator for undisclosed terms. ESPN reported the deal is for three years and $25 million, citing unnamed sources. Reuters could not independently confirm those details. The agreement also calls for MGM and NBA to cross-promote each other’s brands on their various platforms. “Clearly, this created a new sponsorship opportunity for the NBA,” said Jeffrey Boyle, senior manager of audit firm EisnerAmper’s sports and entertainment practice. The deal is also non-exclusive for the NBA, meaning it can still sell its data and brands to other casinos and sports betting operators, though only MGM will be its “official gaming partner.” The deal is a big development in the emerging U.S. l
Show less
Read more
Impact Snapshot
Event Time:
MGM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MGM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MGM alerts
High impacting MGM Resorts International news events
Weekly update
A roundup of the hottest topics
MGM
News
- We Discuss Why MGM Resorts International's (NYSE:MGM) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year [Yahoo! Finance]Yahoo! Finance
- ZCG-Backed Affinity Interactive Appoints Scott Butera as President & Chief Executive Officer [Yahoo! Finance]Yahoo! Finance
- Cybersecurity In 2024 Gut-Check: What To Expect From AI, Automation And Beyond [Forbes]Forbes
- Las Vegas Sands' Loss Could Be MGM and Wynn's Gain [Yahoo! Finance]Yahoo! Finance
- How to Find Strong Consumer Discretionary Stocks Slated for Positive Earnings Surprises [Yahoo! Finance]Yahoo! Finance
MGM
Earnings
- 2/13/24 - Beat
MGM
Sec Filings
- 4/11/24 - Form PX14A6G
- 4/9/24 - Form 8-K
- 4/3/24 - Form 4
- MGM's page on the SEC website