BetMGM reported first-half 2026 net revenue of $1.41bn, a 4% increase, according to the report. The report attributes growth to online betting and iGaming but provides no further financial details.
The first-half revenue increase provides investors with a measure of BetMGM’s trading performance, though further financial details are unavailable.
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Reportedly, BetMGM and NHL player Connor McDavid have renewed their partnership. McDavid will remain in the operator’s responsible gambling campaigns on broadcast, digital and social media channels.
BetMGM and Connor McDavid have renewed their partnership, the operator announced. Under the renewed agreement, the National Hockey League player will continue to appear in BetMGM's responsible gambling campaigns on broadcast, digital and social media channels.
BetMGM Rewards is adding live-event ticket redemptions through Gametime, according to the headline. The source text was not available, so further details of the arrangement are not stated.
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 has extended its partnership with Edmonton Oilers captain Connor McDavid and plans to launch a new advert featuring him, reportedly after Alberta’s iGaming market opened. The pair have worked together since 2022, mainly promoting BetMGM’s responsible gambling tools.
SportsGrid has reportedly been marketed to potential buyers since summer, with Telos Advisors leading the sale process, according to a report. The company generated about $20 million in revenue in 2022, but revenue fell in subsequent years after it lost major sportsbook partnerships, including with FanDuel and BetMGM. The expected sale value was not disclosed.