{"id":8457,"date":"2025-01-04T23:39:47","date_gmt":"2025-01-04T23:39:47","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/01\/04\/mgm-shifts-focus-to-betmgm-for-growth-in-2025\/"},"modified":"2025-01-04T23:39:47","modified_gmt":"2025-01-04T23:39:47","slug":"mgm-shifts-focus-to-betmgm-for-growth-in-2025","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/01\/04\/mgm-shifts-focus-to-betmgm-for-growth-in-2025\/","title":{"rendered":"MGM Shifts Focus to BetMGM for Growth in 2025"},"content":{"rendered":"<div>\n<p>MGM Resorts International is looking to its online platform, BetMGM, as a key driver of growth for 2025. Deutsche Bank\u2019s analyst Carlo Santarelli highlighted MGM\u2019s pivot to digital operations, citing challenges in its traditional casino business due to rising costs and competition.<\/p>\n<p>Recent fee hikes at MGM\u2019s Las Vegas properties are expected to add $70 million in revenue next year. Santarelli also noted smaller strategies like tiered restaurant seating, which could improve profitability.<\/p>\n<p>BetMGM, a joint venture with Entain, remains central to MGM\u2019s plans. The company may aim to consolidate its stake further, mirroring its 2011 strategy with MGM China. Santarelli said, <em>\u201cBetMGM\u2019s performance transparency will likely become a priority for investors in 2025.\u201d<\/em><\/p>\n<p>Meanwhile, MGM\u2019s Las Vegas properties require 3% annual growth to maintain stable profit margins. MGM China, which had a strong start in 2024, faces rising costs, pressuring margins.<\/p>\n<p>Despite challenges, MGM continues to reward shareholders through stock buybacks and is set to increase capital expenditures for projects like the MGM Grand Las Vegas renovations. If MGM secures a New York casino license, it would face a $500 million fee and upgrade costs.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Katsubet\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Katsubet.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Katsubet\" target=\"_blank\" rel=\"nofollow\">Katsubet<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>5BTC or 111% + 111 Free Spins!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive 111% Welcome Bonus  + 111 Free Spins<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Deutsche Bank\u2019s $48 price target values MGM\u2019s domestic, international, and digital assets, with BetMGM playing a critical role.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/mgm-shifts-focus-to-betmgm-for-growth-in-2025\/\">MGM Shifts Focus to BetMGM for Growth in 2025<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MGM Resorts International is looking to its online platform, BetMGM, as a key driver of growth for 2025. Deutsche Bank\u2019s analyst Carlo Santarelli highlighted MGM\u2019s pivot to digital operations, citing challenges in its traditional casino business due to rising costs and competition. Recent fee hikes at MGM\u2019s Las Vegas properties are expected to add $70 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-8457","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=8457"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8457\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=8457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=8457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=8457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}