Tag: betmgm
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BetMGM Q3 revenue rises, maintains annual outlook
Oct 13 : US online gambling operator BetMGM on Tuesday reported a 7 per cent rise in third-quarter revenue, driven by strong betting during the World Cup and a revamped sportsbook ahead of the NFL season. • Shares of Ladbrokes-owner Entain rose 4 per cent after the update from BetMGM, a joint venture betw
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BetMGM cuts outlook as prediction market competition grows
July 27 : U.S. online gambling operator BetMGM on Tuesday downgraded its annual outlook for the second time this year and pushed back its target of reaching $500 million in profit, as competition from prediction market platforms mounts intensifies.Licensed sportsbook operators in the U.S. are facing growing p
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