MGM Declines Prediction Markets as Casino Chiefs Flag License Risks

Wynn Resorts’ Craig Billings, MGM Resorts International’s Bill Hornbuckle and Caesars Entertainment’s Tom Reeg used their G2E main-stage discussion to challenge the growth of prediction markets and defend regulated gaming. The discussion, reported by CDC Gaming, also touched on Las Vegas’s changing customer patterns and rising operating costs. Reeg said the city had moved through a post-reopening boom and returned toward its pre-pandemic seasonality, while Hornbuckle said MGM’s convention busine