MGM signs with NBA
This is big news, especially if you’re a sports nut. MGM just signed a partnership with the NBA to become its first sports betting partner, ever. This is a multi-year deal and will basically allow the casino chain (MGM) to use their official names and logos across the hotel. The 3 year agreement is priced at $25 million! Just when you think this is pricey, MGM shares rose by 2.5 percent right after the agreement signed. What do you think,... Read More »