MGM Resorts' BetMGM Offers a Glimpse of Its Fiscal 2024 Performance

MGM Resorts International’s (MGM) sports betting and iGaming operator, BetMGM LLC, has put forward an update on its fiscal 2024 performance.Jointly owned by MGM Resorts and Entain plc, BetMGM’s iGaming business showcased strong growth trends and delivered notable returns during the fiscal year on the back of improved product offerings and enhanced player engagement. Given the ongoing solid trends across iGaming and Online Sports, BetMGM expects to attain positive EBITDA in 2025, along with $500 million EBIT ...