Entain PLC's (LSE:ENT) 'buy' rating and an 872p price target have been reiterated by Deutsche Bank, following an encouraging BetMGM third-quarter update showing stronger growth despite fewer active customers. The Entain-MGM joint venture reported revenue of $710 million, up 7% against 3% growth in the second quarter, exceeding Deutsche Bank's $700 million estimate.
Strong Q3 with disciplined execution continuing to drive profitable growth JERSEY CITY, N.J., Oct. 13, 2026 /PRNewswire/ -- BetMGM LLC ("BetMGM"), a leading sports betting and iGaming operator across North America, jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), is today providing an update on its Q3 2026 performance.
Independent study of more than 35,000 U.S. consumers identifies BetMGM as the most trusted online casino brand* in America JERSEY CITY, N.J., Oct. 7, 2026 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, announced it has been voted the Most Trusted Online Casino Brand* in America in the 2026 BrandSpark® American Trust Study, presented in partnership with Newsweek.
The Wall Street Journal reported MGM was exploring an offer for People Inc. after People Inc. last week withdrew its $48.30-per-share proposal to buy the rest of MGM. Hornbuckle said MGM would continue pursuing what is in the best interest of shareholders and "trying to unlock the value of a company that we think is grossly undervalued.
September has reminded investors that the S&P 500 is heavily weighted at the top. The becnhmark index has risen slightly, but 75% of its component stocks were down for the month.
People Incorporated (NASDAQ:PPLI) shares rose 10% to $39.74 on Friday noon after a Wall Street Journal (WSJ) report that MGM Resorts International (NYSE:MGM) is considering a potential takeover bid for the media company. The stock was up $3.81 from Thursday's close of $35.93, extending a sharp move that began in after-hours trading after the report emerged.
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