By The Weekly Edge desk ·
BetMGM has renewed its ambassador agreement with NHL player Connor McDavid for multiple years, EGR reported. McDavid will front responsible gambling campaigns and promote safer gambling resources.
The renewal retains McDavid as a public face of BetMGM’s responsible gambling campaigns.
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The renewed agreement keeps McDavid involved in BetMGM’s responsible gambling messaging.
The extension keeps McDavid involved in BetMGM’s responsible gambling activity as its campaigns reach new US markets.
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.
The inquiry could inform MGC policy on safeguards for AI use in sportsbook marketing and responsible gaming.