BetMGM reports Q3 revenue of $710 million and reaffirms 2026 guidance
BetMGM reported third-quarter net revenue of $710 million, up 7% year on year, and adjusted EBITDA of $86 million, up 112%, according to the company update. It reaffirmed full-year 2026 guidance of $2.9 billion to $3.1 billion in net revenue and $300 million to $350 million in adjusted EBITDA. The update also reported a 3% decline in monthly active customers to 878,000.
Investors and suppliers can assess BetMGM’s growth and unchanged guidance alongside a decline in monthly active customers.