BetMGM Shines Amidst Parent Company’s Sagging Revenues and Thousands of Layoffs
- Nov 2, 2020
Even after aggressively purging its payroll, MGM Resorts lost more than a half-billion dollars in the third quarter of 2020. A singular bright spot was the company’s online sports betting arm, BetMGM, CEO Bill Hornbuckle said Thursday during the company’s quarterly earnings call.
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