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The company's background can be traced to 1969, when airline and casino tycoon Kirk Kerkorian bought a controlling stake in the Metro-Goldwyn-Mayer (MGM) film studio. [15] In 1970 and 1971, Kerkorian struggled with debt from his acquisitions of MGM and Western Airlines, and was forced to sell a majority of his casino company, International Leisure, to Hilton Hotels at a steep discount.
MGM Resorts International (MGM) and Entain Plc's joint venture BetMGM continues to expand its presence.
The Bet MGM Network (known on air as The Bet) is a radio network owned and operated by Audacy, Inc. that focuses on the world of sports betting. It is heard on the Audacy app as well as Audacy's portfolio of sports stations. The launch came after Entercom (the forerunner of Audacy) purchased the QL Gaming Group in November 2020. [1]
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MGM Resorts' (MGM) BetMGM launches online sports wagering platform in Kansas. The company expands BetMGM's mobile and online product offerings to 24 states.
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