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The leading gaming and hospitality operator with a strong presence on the Las Vegas Strip, MGM Resorts Internation<\/strong>, made a major step toward managing BetMGM<\/strong>, the joint venture it owns in collaboration with Entain<\/strong>. The process continues to gain traction, after a recent hearing with the Nevada Gaming Control Board<\/strong> (NGCB).<\/p>\n Per the proposed plan, MGM will be in charge of operating a total of nine sportsbooks on the Las Vegas Strip<\/a>. As announced by the Las Vegas Review-Journal<\/em>, MGM will leverage technology provided by Entain<\/strong>, to operate the sportsbooks from a hub located at Mandalay Bay<\/strong>.<\/p>\n The company will be in charge of the operations of retail betting venues at New York-New York, Bellagio, Aria, The Cosmopolitan of Las Vegas, Park MGM, MGM Grand, Mandalay Bay, Luxor and Excalibur. During the recent hearing with the NGCB, MGM confirmed that all relevant employees and officials who may require licensing would secure them<\/strong>. In addition, the companies said they will adhere to the established laws regarding anti-money laundering<\/strong>, as well as other regulations.<\/p>\nMGM Resorts Will Leverage Entain Technology<\/h2>\n
The Strategic Move Receives Unanimous Approval from the NGCB<\/h2>\n