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BetMGM Expects Lower-End Revenue Due to 97% Drop in Retail Revenue

BetMGM expects its net revenue and adjusted EBITDA to be at the lower end of the guidance ranges, despite a revenue increase in Q2 2026.

BetMGM Expects Lower-End Revenue Due to 97% Drop in Retail Revenue

BetMGM expects its net revenue and adjusted EBITDA to be at the lower end of the guidance ranges, despite a revenue increase in Q2 2026.

The US-headquartered company, jointly-owned by NYSE-listed MGM Resorts International and LSE-listed Entain, stated that the revenue increase was accompanied by 'higher player generosity' and 'larger staking'.

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