BetMGM expects revenue at the lower end of expectations as retail revenue drops 97%

BetMGM has continued to advise that its net revenue and adjusted EBITDA will be at the lower end of its respective $2.9-$3.1bn and $300-$350m guidance ranges, despite a year-on-year revenue increase in Q2 2026. The US-headquartered company, jointly-owned by NYSE-listed MGM Resorts International and LSE-listed Entain, was vocal about “higher player generosity” and “larger staking […]

Source: SBC News →

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