Strategy

GVC and MGM increase investment in Roar Digital JV to $450m

Joint venture confirms US brand on track to generate $130m New Jersey revenue with “rapid growth” when US sport resumes

Roar Digital shareholders have committed to a second round of investment totalling $450m as the brand seeks to soak up market share in the US. The increase follows an initial commitment of $200m from joint venture owners GVC Holdings and MGM Resorts International. With this second round of investment in the business, the company has…

BetMGM | Finance | GVC Holdings | Kenny Alexander | Roar Digital | Strategy | US

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