BetMGM Press Releases & News | BetMGM
Aug 30, 2024 · Latest Stories. BetMGM and GTG Network have partnered to provide customized betting content. BetMGM’s baseball playoff presence will feature league-wide bullpen advertisting. BetMGM is the preferred source for sports betting odds across the USA TODAY Network with a new partnership with Gannett.
BETMGM FY23 UPDATE: FY23 NET REVENUE FROM OPERATIONS …
Feb 8, 2024 · BetMGM delivered a strong FY 2023 financial performance (based on unaudited results) Net revenue from operations grew 36% year over year to $1.96 billion 1 , at the upper-end of $1.8 - $2.0 ...
BETMGM FY23 UPDATE: FY23 NET REVENUE FROM OPERATIONS …
Feb 8, 2024 · BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") is today providing an update on performance for FY 2023.
BetMGM warns full-year loss will be bigger than previously …
Jul 29, 2024 · U.S. sports betting platform BetMGM said on Monday that its losses for the year would be bigger than previously expected as it invests heavily in marketing amid intense competition in the...
BetMGM wagers that new technology, football can lead to a …
Oct 8, 2024 · BetMGM is trying to regain market share after losing ground in sports betting and online casino games. It's banking on technology like modeling and predictive AI features, and a digital wallet...
BETMGM BUSINESS UPDATE: FY22 NET REVENUE FROM …
Jan 26, 2023 · BetMGM finished FY 2022 with a strong financial performance. Net revenue from operations of $1.44 billion, ahead of prior guidance of over $1.3 billion. Same-state growth in net revenue from digital operations of 51%. EBITDA loss of approximately $440 million, in line with prior guidance 2.
BetMGM Turns Profitable as Sales at Online Sports Betting App …
Jul 26, 2023 · BetMGM, an online sports betting app, turned a profit in the latest quarter, hitting that milestone sooner than expected. The company, a joint venture between MGM Resorts International and Entain...
BETMGM FIRST HALF 2024 UPDATE - MGM Resorts International
Jul 29, 2024 · Outlook. As announced on December 4, 2023, BetMGM's strategic roadmap assigned 2024 as an investment year, supporting enhanced player experiences and improved sportsbook product to drive long-term value for stakeholders.
UPDATE 1-BetMGM turns profitable in second-half of 2023
Feb 8, 2024 · U.S. sports-betting service BetMGM turned a profit for the first time in the second half of 2023, as the joint venture between MGM Resorts and Entain saw strong demand from punters cashing in on...
BETMGM FIRST HALF 2024 UPDATE - PR Newswire
LAS VEGAS, July 29, 2024 /PRNewswire/ -- BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM)...