BetMGM Posts Strong Q3 Results, Reiterates FY 2026 Guidance

MGM Resorts International has published an update detailing the financial performance of the BetMGM brand for the third quarter of the year. As it turns out, the brand’s revenues soared, despite a decline in monthly active players. BetMGM Experienced Growth in Q3 According to the report, BetMGM, which is jointly owned by MGM Resorts International and Entain, recorded a net revenue of $710 million for Q3, up 7% year-on-year. The iGaming net revenue, on the other hand, was $483 million, up 6% YOY, while the online sports net revenue hit $216 million , up 7% YOY.