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BetMGM Lowers 2026 Outlook After Tough Start to Year
BetMGM has revised its financial expectations for 2026 after a first quarter shaped by strong bettor performance and intensifying competition in the U.S. online gambling market. The operator, jointly owned by Entain and MGM Resorts, reported modest growth in early 2026 but acknowledged pressures affecting its sports betting segment. The company now projects annual revenue between $2.9 billion and $3.1 billion, lower than its previous estimate of $3.1 billion to $3.2 billion. While the forecast for adjusted core profit remains […] The post BetMGM Lowers 2026 Outlook After Tough Start to Year appeared first on World Casino News.
BetMGM has revised its financial expectations for 2026 after a first quarter shaped by strong bettor performance and intensifying competition in the U.S. online gambling market. The operator, jointly owned by Entain and MGM Resorts, reported modest growth in early 2026 but acknowledged pressures affecting its sports betting segment. The company now projects annual revenue between $2.9 billion and $3.1 billion, lower than its previous estimate of $3.1 billion to $3.2 billion. While the forecast for adjusted core profit remains […]
The post BetMGM Lowers 2026 Outlook After Tough Start to Year appeared first on World Casino News.
