BetMGM Forecasts 2026 EBITDA Of $500 Million ...Middle East

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BetMGM Forecasts 2026 EBITDA Of $500 Million
Posted on: December 4, 2023, 03:20h.  Last updated on: December 4, 2023, 03:20h. Online casino and sportsbook operator BetMGM said today its 2023 revenue will come in at the high end of a previously forecast range of $1.8 billion to $2 billion while reiterating it will be profitable for the back of this year. Actor Jamie Foxx appears on a BetMGM billboard. The operator forecast 2026 EBITDA of $500 million. (Image: Detroit News) CEO Adam Greenblatt made comments to that effect on a conference call with analysts earlier today. BetMGM is half-owned by MGM, with the other 50% controlled by UK-based gaming giant Entain Plc. The opera

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