BetMGM Raises 2025 Revenue Forecast Amid Strong Online Growth

BetMGM, the U.S.-based joint venture between MGM Resorts International and Entain, has increased its revenue forecast for 2025, reflecting strong performance in iGaming and online sports betting markets.

In a recent update, BetMGM projected over $2.6 billion in net revenue for the year, citing an expanded customer base, successful state launches, and improvements in operational efficiency. The company also expects to generate at least $100 million in positive EBITDA, signaling its progress toward profitability in a highly competitive space.

The growth is driven by BetMGM’s strong presence in U.S. regulated markets and enhanced digital experiences for players, including better user interfaces, targeted promotions, and localized gaming content.

This positive outlook reinforces BetMGM’s position as one of the leading players in the North American online gambling sector, as competition intensifies across states with new regulations and market entries.

Source: Reuters – BetMGM boosts annual forecast on iGaming, online growth (June 2025)