Ahead of its third-quarter-earnings call, BetMGM elevated its projections for all of 2025. The company, jointly owned by Entain and MGM Resorts International, now looks for full-year revenue approaching US$2.8 billion and cash flow on the order of US$200 million.
BetMGM also announced that it would make a dividend payment to its corporate parents of US$200 million by year’s end. The company cited “strong year-to-date momentum continuing across both Online Sports and iGaming.”
Quarterly benchmarks were US$667 million in net revenue, a 36% increase, and a swing from negative return on investment of US$57 million in 2024’s third quarter to positive ROI of US$41 million. Igaming net revenue rose 21% and sports betting winnings were up 36%.
