When you talk studio business or even live dealer, the technology aspect of that is on our scale, relatively de minimis. When you talk about stepping up to other marketplaces, whether it’s South America over time, or [the] rest of Europe, we’ll have to take a different view on that as these opportunities unfold. But for now, it’s more bolt-on and relatively small,\u201d<\/strong> added Honbuckle.<\/p><\/blockquote>\nThe Mandalay Bay operator concluded 2022 with $5.91 billion in cash and cash equivalents, up from $4.70 billion a year earlier, indicating the company has the capital needed for deals.<\/p>\n","protected":false},"excerpt":{"rendered":"
MGM Resorts International (NYSE: MGM) is unlikely to revisit a takeover bid for Entain Plc (OTC: GMVHY) — its partner in the BetMGM business. MGM CEO Bill Hornbuckle made comments to that effect on the company\u2019s fourth-quarter earnings conference Wednesday afternoon, saying \u201cwe’ve moved on\u201d in response to a question from Bank of America analyst […]<\/p>\n","protected":false},"author":46,"featured_media":258870,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,32093,1074],"tags":[81903,81966,80968],"acf":[],"yoast_head":"\n
MGM Resorts Won't Pursue Takeover of BetMGM Partner Entain<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n