MGM Resorts Taps Into Pennsylvania Gambling With an Online Casino Launch

Rhian Hunt, The Motley Fool
·2-min read
MGM Resorts Taps Into Pennsylvania Gambling With an Online Casino Launch

Gambling, resort, and entertainment company MGM Resorts International (NYSE: MGM) announced in a press release yesterday it is opening its BetMGM online casino in Pennsylvania. MGM Resorts isn't stopping with ordinary (simulated) casino games, however, but is also pursuing regulatory approval for online sports betting in the Keystone State. Slightly more than a week ago, MGM laid the groundwork for its current online gambling expansion by sealing a pact with the Pittsburgh Steelers football team, which BetMGM's chief revenue officer Matt Prevost called a "monumental partnership."