BetMGM swings to profit in Q1 following e-betting surge-February 2024-www.financetom.com

BetMGM swings to profit in Q1 following e-betting surge

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BetMGM swings to profit in Q1 following e-betting surge

May 25, 2025 7:59 PM

April 28 (Reuters) - U.S. sports-betting service BetMGM,

a joint venture between MGM Resorts ( MGM ) and Entain ( GMVHF )

posted core profit of $22 million for the first quarter on

Monday, supported by strong growth in its iGaming and online

sports divisions.

(Reporting by Yamini Kalia in Bengaluru)

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