Financial Performance & Outlook - BetMGM's 2Q 2025 net revenue reached $692 million, with a year-over-year growth of 36%[14,35] - 2Q 2025 EBITDA was $86 million, marking a $78 million improvement year-over-year[14] - 1H 2025 net revenue totaled $1.35 billion, showing a 35% increase compared to the previous year[14,35] - 1H 2025 EBITDA reached $109 million, a $232 million improvement year-over-year[14,40] - The company projects at least $2.7 billion in net revenue and at least $150 million in EBITDA for the full year 2025[16,43] iGaming - iGaming net revenue for 2Q 2025 was $449 million, up 29% year-over-year[35,46] - iGaming net revenue for 1H 2025 was $891 million, up 28% year-over-year[35] - Player volume in iGaming increased by 38% year-over-year in 1H 2025[20] - Player engagement in iGaming increased by 34% year-over-year in 1H 2025[20] Online Sports - Online sports net revenue for 2Q 2025 was $228 million, a 56% increase year-over-year[35,46] - Online sports net revenue for 1H 2025 was $422 million, a 61% increase year-over-year[35] - The player base for online sports grew by 70% year-over-year in 1H 2025[25]