BetMGM finished at the top end of expectations with $1.96 billion in net gaming revenue, a 36% year-over-year increase.
BetMGM itself finished at the top end of expectations with $1.96 billion in net gaming revenue, a 36% YoY increase. The operator claimed 14% market share in the sports betting and iGaming markets where BetMGM operates. for FY2023 last September, projecting lower-than-expected growth due to adverse sporting results impacting margins, safer gambling measures, and regulatory costs. It expected BetMGM to report between $1.
Entain noted that its the only global operator with 100% revenue from regulated or regulating markets as one of its sustainability highlights.
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