MGM Looking to Make a Play in Omni-Channel Gaming, CEO Says

MGM CEO Bill Hornbuckle discusses the company's focus on online acquisitions and the value of an omnichannel strategy. He highlights strategic opportunities in Europe and the integration of digital and physical experiences to enhance customer engagement. The discussion also covers the impact of COVID-19 on gaming and the push for state legislation to increase tax revenue through sports betting and iGaming.

What is MGM's primary focus in terms of business strategy as discussed in the first section?

• Developing a new hotel chain

• Investing in renewable energy

• Acquiring a major online platform

• Expanding their physical casino locations

How does MGM plan to enhance customer engagement through their omnichannel strategy?

• By reducing casino entry fees

• By linking Bet MGM with M life

• By offering free hotel stays

• By launching a new mobile app

What percentage of new M life signups have been through Bet MGM?

• 17%

• 25%

• 38%

• 50%

What has accelerated the legalization of gaming in various states according to the third section?

• Celebrity endorsements

• Technological advancements

• COVID-19 pandemic

• Increased tourism

Which state is mentioned as a potential massive marketplace for sports betting?

• Nevada

• California

• Florida

• Texas