Tag: MGM

Entain CEO Segev Bounces for DAZN in Wake of Attempted MGM Takeover

Entain CEO Segev Bounces for DAZN in Wake of Attempted MGM Takeover

Entain CEO Shay Segev announced he is leaving his post less than a week after the company turned down an $11 billion takeover offer from online betting partner MGM. Segev said he’s headed to digital sports broadcaster DAZN and will join James Rushton there as a co-CEO. Speculation has run […]

Can Brick-and-Mortar-Heavy Las Vegas Sands Pivot Online Fast Enough?

Can Brick-and-Mortar-Heavy Las Vegas Sands Pivot Online Fast Enough?

In an industry-defining about-face, the Las Vegas Sands Corporation is likely to open online gambling operations this year, despite previous resistance from the company’s chairman Sheldon Adelson. But does the Sands have enough in reserve to reverse its decades-long, anti-online stance and spin up a viable online product? Adelson Created […]

How MGM’s New CFO Jonathan Halkyard Had a Hand in Tanking Caesars

How MGM’s New CFO Jonathan Halkyard Had a Hand in Tanking Caesars

After two failed attempts to acquire online gambling partner Entain, MGM Resorts International named Jonathan Halkyard as its new chief financial officer Thursday. He comes with experience handling complex mergers, instituting extreme cost-cutting measures, and dealing with private equity acquisitions, including several that preceded the biggest bankruptcy in gaming history. […]