Casino operator MGM Resorts International reported fourth-quarter profit above Wall Street estimates on Thursday, driven by strong performance in its online sports-betting business.
Sports betting in the United States has gained traction, driven by increasing state-level legalization and heavy marketing by major operators, even as the sector faces intense regulatory scrutiny and taxation pressures.
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Source: Reuters | Published: 2026-02-05T22:28:14Z
Credit: Reuters
