BetMGM and Evoplay said Evoplay’s games have launched on BetMGM Casino in Ontario, adding 18 titles to the platform. Evoplay said it received an Alcohol and Gaming Commission of Ontario licence in March 2025 to supply content and services to approved online casino operators.
The agreement adds Evoplay content to BetMGM’s Ontario casino offering under the province’s regulated market.
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Evoplay agreed to supply approximately 50 games to Gran Madrid's online casino in Spain. Titles include Crimson Crown and Hot Triple Sevens; the partnership supports the developer's stated focus on regulated European markets.
Evoplay has agreed a partnership with Gran Madrid | Casino Online to integrate around 50 of its games on the Spanish operator's platform. The agreement covers the regulated Spanish online market, the outlet reported.
Reportedly, BetMGM is directing more marketing towards New Jersey, Pennsylvania, Michigan and West Virginia, where it offers both online casino and sportsbook products. Online casino generated approximately 68% of Q3 revenue, with revenue from that segment increasing 6% year on year to $483m.
Online casino accounted for roughly 68% of BetMGM's third-quarter revenue, and the operator now plans to concentrate more marketing spending on the four markets where it runs both a casino product and a sportsbook. Those states are New Jersey, Pennsylvania, Michigan and West Virginia. By contrast, the company's mobile sportsbook is regulated and available in 25 jurisdictions. Online Poker Report covered the shift, drawing on a company release and the earnings call.
BetMGM reported third-quarter net revenue of $710 million, up 7% year on year, and adjusted EBITDA of $86 million, more than double the prior-year figure. Average monthly active users fell 3% to 878,000; the company attributed the decline to changes in player acquisition and management. BetMGM reiterated 2026 revenue guidance of $2.9 billion to $3.1 billion and adjusted EBITDA guidance of $300 million to $350 million.
BetMGM chief executive Adam Greenblatt expects the total addressable market for prediction markets to contract before a Supreme Court hearing. He also said BetMGM was withstanding competitive pressure, with betting handle increasing by 3%.
It was reported that BetMGM is retreating from states without iGaming as prediction markets affect its business. CEO Adam Greenblatt said the company continues to focus on higher-value, higher-staking players.