Latest News About Betmgm

Here are the latest publicly available BetMGM updates I could verify recently, with brief summaries and sources.

Direct answer

• BetMGM has continued to report strong 2025 performance with raised guidance for revenue and EBITDA, signaling ongoing growth momentum into 2026. This includes updates on online sports and iGaming engagement, product enhancements, and plans to return cash to parent companies.

Key recent developments

• 2025 performance update and FY guidance: BetMGM raised its FY25 expectations, targeting net revenue of at least $2.75 billion and EBITDA around $200 million, based on continued growth in player activity and improved margins. This reflects management’s view of a favorable second half and continued momentum into 2026. Source: BetMGM FY 2025 Update – Entain (press release content summarized) [cite ][cite ].
• 2025 overall results and 2026 outlook: The company projected 2026 net revenue in the $3.1–$3.2 billion range and adjusted EBITDA between $300–$350 million, with expectations of reaching higher EBITDA in the following years. This indicates a pathway to roughly $500 million Adjusted EBITDA by 2027. Source: BetMGM FY 2025 Update – Entain (press release content summarized) [cite ].
• Product and engagement enhancements: BetMGM highlighted an upgraded online sports product, refined player management, and new features such as live SGPs (single-game parlays) and in-game SGP cashouts, along with improved app experience and rewards dashboards. These initiatives are tied to higher retention and activity metrics. Source: Q3 2025 Update highlights [cite ].
• Market expansion and operations: The updates reflect continued expansion across legalized states and ongoing investment in product, with direct implications for growth in both iGaming and online sports segments. Source: FY 2025 Update details [cite ].

Where to find the official statements

• BetMGM press releases and news pages (BetMGM press releases & news) for the latest official disclosures and PDFs of full announcements. Source: BetMGM Press Releases & News page [cite ].

Notes

• BetMGM is a joint venture between Entain and MGM Resorts, with multiple updates issued in late 2025 and early 2026 detailing financial guidance and strategic initiatives. Source: BetMGM FY 2025 Update content [cite ], BetMGM Q3 2025 Update [cite ].
• If you’d like, I can pull the exact passages from the official PDFs or prepare a concise table comparing 2025 guidance vs. 2026 outlook, with precise numbers and dates. Sources cited above reflect the latest public statements. [cite ][cite ]

Would you like a summarized table of the key financial figures by year (2025 actual vs 2026 outlook) with the corresponding sources, or a brief timeline of major product enhancements BetMGM announced?