Friday, January 10, 2025

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MGM Resorts’ BetMGM: Profitable Success in Sports Betting

MGM Resorts' BetMGM: Profitable Success in Sports Betting

BetMGM’s First-Half 2023 Update Shows Growing Revenue and Profitability There was a lot to like in BetMGM’s MGM (50% owned by no-moat MGM) first-half 2023 update, which showcased growing revenue and profitability. We think BetMGM/MGM’s omnichannel presence positions it to be one of the long-term winners in the North American sports betting and iGaming markets, which we see reaching $40 …

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Singer Sinead O’Connor dies at age 56.

Singer Sinead O'Connor dies at age 56.

Sinead O’Connor, the influential Irish singer-songwriter with a powerful voice, has passed away at the age of 56, confirmed by her friend Bob Geldof and her family. Known for her iconic rendition of Prince’s “Nothing Compares 2 U” and her political activism, O’Connor released 10 studio albums throughout her career. She often courted controversy, boycotting award ceremonies, speaking out against …

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Ugandan music sensation enters politics: A new chapter.

Introduction The powerful new documentary, “Bobi Wine: The People’s President” sheds light on the story of political corruption and brutal violence colliding with unwavering courage and fearlessness. The Rise of Bobi Wine Bobi Wine, a renowned Ugandan musician, has transitioned from being a pop star to an activist and politician. The documentary, produced by National Geographic, provides an unflinching portrayal …

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McConnell’s freeze alarms colleagues during news conference.

McConnell's freeze alarms colleagues during news conference.

During his opening remarks at the weekly Senate Republican press conference on Wednesday, Senate Minority Leader Mitch McConnell froze and was seemingly unable to speak. Wyoming Sen. John Barrasso, who is also a physician, approached McConnell and spoke quietly with him before they walked away from the podium. McConnell eventually returned to handle questions, but his colleagues expressed concern. A …

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Oceaneering International’s Q2 earnings in brief.

Oceaneering International's Q2 earnings in brief.

Oceaneering International Inc. Reports Second-Quarter Net Income of $19 Million HOUSTON (AP) — Oceaneering International Inc. (OII) announced on Wednesday that it has achieved a net income of $19 million during the second quarter. The Houston-based company reported earnings of 19 cents per share, while adjusted earnings, excluding non-recurring gains, stood at 18 cents per share. However, Oceaneering International fell …

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