MGM Resorts International

MGM Withdraws New York Casino Bid Amid Shifting Economic Landscape

MGM Resorts has unexpectedly withdrawn its commercial casino license application for Yonkers, New York. The company cited shifting economic assumptions and a reduced license term expectation as key factors. This development significantly alters the competitive landscape for New York’s coveted casino licenses.

MGM Abandons $2.3 Billion Yonkers Casino Project

MGM Resorts International has made the surprising decision to withdraw its commercial casino license application for Yonkers, New York, according to company statements released this week. The withdrawal marks a significant shift in the competitive landscape for New York’s coveted casino licenses.

by Elisa RomeroOctober 15, 2025November 3, 2025

Business Personal Finance

Entain Q3 2025 Performance: BetMGM Shines as International Sales Slow

Entain’s share price fell 2% as the FTSE 100 gambling giant reported slowing sales growth outside its blockbuster BetMGM division. While total net gaming revenue rose 6% in Q3 2025, international markets showed mixed performance with Brazil declining 11% and Australia falling 6%.

Shares in Entain dropped 2% in midweek trading as the gambling giant reported slowing sales growth outside its powerhouse BetMGM US division. The FTSE 100 company’s stock fell to 823p per share following its third-quarter 2025 earnings release, which revealed a complex picture of regional performance across its global operations.