BetMGM expects revenue at the lower end of expectations as retail revenue drops 97%

BetMGM has continued to advise that its net revenue and adjusted EBITDA will be at the lower end of its respective $2.9-$3.1bn and $300-$350m guidance ranges, despite a year-on-year revenue increase in Q2 2026. The US-headquartered company, jointly-owned by NYSE-listed MGM Resorts International and LSE-listed Entain, …