UPDATE 1-BetMGM sees $500 mln profit in 2026, joint owner Entain says [Yahoo! Finance]
MGM Resorts International (MGM)
Last mgm resorts international earnings: 4/30 04:15 pm
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Source: Yahoo! Finance
profit of $500 million in 2026 at its U.S. sports-betting service BetMGM, which it jointly owns with MGM Resorts. The online sports betting sector has rebounded as live sporting events returned after the pandemic. Gambling firms have also been beefing up their offerings in the United States after the country's Supreme Court struck down a federal law that banned most states from sports betting. Last month, Flutter, the world's largest online betting company, became the first to turn a profit in the United States. London-listed Entain, which also owns popular online brands like partypoker and bwin, said it will update investors on BetMGM's performance to date and financial outlook through a virtual presentation at 1600 GMT on Monday. The FTSE-100 company has been looking to strengthen BetMGM's offerings, having acquired U.S.-based Angstrom Sports for a potential consideration of up to 203 million pounds in July. Apart from its joint venture with MGM Resorts, Entain has also
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MGM
News
- Las Vegas Strip casinos get sobering visitor news [Yahoo! Finance]Yahoo! Finance
- Vegas feels chill as Canadians cut back on travel [Yahoo! Finance Canada]Yahoo! Finance Canada
- MGM Resorts International (NYSE:MGM) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat
- MGM RESORTS INTERNATIONAL ANNOUNCES NEW LONG TERM BRANDING AGREEMENT WITH MGM CHINAPR Newswire
- MGM Resorts International (NYSE:MGM) was given a new $38.00 price target on by analysts at Barclays PLC. They now have a "negative" rating on the stock.MarketBeat
MGM
Earnings
- 10/29/25 - Miss
MGM
Sec Filings
- 12/9/25 - Form 4
- 12/9/25 - Form SCHEDULE
- 12/3/25 - Form 4
- MGM's page on the SEC website