Analysts assess gaming stocks and BetMGM’s third-quarter results
Analysts at J.P. Morgan and Jefferies discussed investor interest in gaming stocks, while Macquarie reviewed BetMGM’s third-quarter update, according to the report. Macquarie cited BetMGM net revenue of $710 million, up 7% year over year, and EBITDA of $86 million, more than double the prior-year figure. BetMGM reiterated its FY26 guidance, including revenue of $2.9bn-$3.1bn and EBITDA of $300m-$350m.
The analyst commentary and BetMGM figures provide investors with reported views on valuations and the operator’s trading outlook.