BetMGM Q3 Revenue Rises 7% as EBITDA More Than Doubles
BetMGM recorded a 7% year-over-year increase in third-quarter net revenue to $710 million as stronger iGaming and online sports betting results supported its financial performance. Adjusted EBITDA climbed 112% to $86 million for the three months ended September 30, 2026, despite a decline in average monthly active users across the business. The operator, jointly owned by Entain and MGM Resorts International, attributed its results to customer engagement during the summer, World Cup betting activity and improvements to its sportsbook ahead […] The post BetMGM Q3 Revenue Rises 7% as EBITDA More Than Doubles appeared first on World Casino News.
BetMGM recorded a 7% year-over-year increase in third-quarter net revenue to $710 million as stronger iGaming and online sports betting results supported its financial performance. Adjusted EBITDA climbed 112% to $86 million for the three months ended September 30, 2026, despite a decline in average monthly active users across the business. The operator, jointly owned by Entain and MGM Resorts International, attributed its results to customer engagement during the summer, World Cup betting activity and improvements to its sportsbook ahead […]
The post BetMGM Q3 Revenue Rises 7% as EBITDA More Than Doubles appeared first on World Casino News.
