LONDON, September 22, 2023--BetMGM, the newly launched UK iGaming and online sports betting brand from MGM Resorts International, today unveiled its first advertising campaign, featuring stand-up comedian, actor and certified gold standard Hollywood icon, Chris Rock.
In a significant blow to American Hospitality and Entertainment organization MGM Resorts (NYSE:MGM) International, a cyberattack has resulted in over $52 million in lost revenue. The cybercrime, which took place this past week, caused nearly all of MGM's hotels, casinos, and ATMs to go offline.
About a year ago, the U.S. security firm Palo Alto Networks began to hear from a flurry of companies that had been hacked in ways that weren't the norm for cybercriminals. Ransomware attacks are not new, but this group was extraordinarily skilled at social engineering and bypassing multi-factor authentication, said Wendi Whitmore, senior vice president for the security firm Palo Alto Networks' Unit 42 threat intelligence team, which has responded to several intrusions tied to the group.