SportsGrid seeks buyer as wagering media revenue falls
A potential sale could affect operators considering commercial relationships with sports wagering media companies.
Coverage since 26 August 2026. Open in the feed
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USD 50,250
Computed from The Weekly Edge graph and entries. No model-generated numbers.
Activity summary: BetMGM appears in 11 entries across 1 market (mainly USA). By desk: Deals & M&A 7, Regulation 3, Enforcement & compliance 1. Computed from our records only.
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Typed links extracted from our entries: fines, licences, deals, tenders, appointments and partnerships.
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A potential sale could affect operators considering commercial relationships with sports wagering media companies.
BetMGM’s revenue and adjusted EBITDA increased as the operator maintained expectations for the lower end of annual guidance.
BetMGM’s retreat signals reduced focus on states without iGaming as prediction markets affect its business.
Greenblatt expects prediction markets’ addressable market to contract before the Supreme Court hearing, while reporting BetMGM handle growth.
BetMGM's iGaming revenue exceeded its online sports betting revenue, giving investors a comparison of the operator's two businesses.
BetMGM and regulators should track the hearing because it concerns an individual qualifier’s adjudicatory matter.
Licensed operators face offshore competitors taking a larger share of both online search demand and projected revenue in New Jersey.
MGM's late licensing application drew a $50,250 penalty, while CountR agreed a $50,000 settlement over licensing violations.
The roundtable addressed gambling harm as supporters expect Virginia lawmakers to revisit online casino legalisation in 2027.
BetMGM and MGM Resorts’ funding supports gambling research, state councils, the 1-800-GAMBLER helpline and the Evive Foundation.
Voter approval would let Nebraska’s five racinos partner with online sportsbooks under Nebraska Racing and Gaming Commission oversight.