BetMGM raises full year profit forecast, plans $200 million return to owners-March 2024-www.financetom.com

BetMGM raises full year profit forecast, plans $200 million return to owners

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BetMGM raises full year profit forecast, plans $200 million return to owners

Oct 14, 2025 4:38 AM

Oct 14 (Reuters) - U.S. sports betting firm BetMGM

raised its annual revenue and profit forecasts on

Tuesday, buoyed by stronger-than-expected demand in the

third-quarter across its online sports and iGaming divisions.

BetMGM, a joint venture between Ladbrokes-owner Entain

and MGM Resorts ( MGM ), also said it expects to return

at least $200 million to its owner before end of 2025.

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