Finance

MGM president: Roar Digital to turn a profit in next three to five years

MGM Resorts and GVC likely to invest up to $30m each on expansion into new states like Michigan and Nevada

GVC’s JV with MGM Resorts, Roar Digital, is forecast to turn a profit between 2023 and 2025, MGM Resorts president William Hornbuckle revealed during yesterday’s Q4 earnings call. Hornbuckle said it would be realistic for the two firms to invest up to $30m each “over the next couple of years”, with each new state costing…

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