Entain Secures Full Nevada Gaming License: A Major Milestone

Entain, listed in London, has received complete authorization to do business in Nevada. The Nevada Gaming Commission (NGC) unanimously approved the Entain license on May 1st. The company chairman Barry Gibson, interim CEO Stella David, and general counsel Simon Zinger were among the senior leaders present during the hearing. The Nevada Gaming Commission (NGC) unanimously approved the Entain license on May 1st.

Entain was initially granted a two-year license in 2019 when It was known as GVC under its previous management. In March 2020, BetMGM made its debut in Nevada. In 2021, Entain was granted a three-year license. The company has registered with the NGC as a publicly traded corporation, allowing it to operate without limitations. Entain emphasized its decision to exit unregulated markets globally, bringing the total number of markets it previously operated to 140.

Entain operates in the US under BetMGM, a joint venture between Entain and MGM Resorts. In 2023, the company generated impressive revenue of nearly $2.00bn (£1.59bn/€1.86bn). BetMGM is now available in 28 states throughout the United States. In 2023, exciting new launches were announced in Ohio, Massachusetts, and Kentucky, offering online and retail options. The figures for Q1 2024, released in April 2024, emphasized the company's continued growth.