BetMGM revenue rises 7% in Q3 despite active customer decline

The US JV operator saw iGaming revenue increase 6% to $483m and online sports betting revenue rise 7% to $216m BetMGM reported a 7% year-on-year rise in net revenue for Q3 despite a decline in average monthly active players, while adjusted EBITDA more than doubled. For the three months to 30 September, revenue amounted to $710m, up from $667m in 2025 . This was accompanied by a 112% increase in adjusted EBITDA to $86m. BetMGM noted growth across all its core segments, though it was iGaming that led the way again, with $483m in revenue, up 6%.