FY 2025 performance exceeded expectations, reflecting benefit of a full year of strategic initiatives driving strong underlying growth in both iGaming and Online Sports. Net Revenue of $2.8B, up +33% YoY; iGaming Net Revenue up +24% YoY and Online Sports Net Revenue up +63% YoY; EBITDA of $220M, up +$464M YoY; Cash distribution of $270M returned to parents in Q4 2025; Ongoing successful execution of BetMGM’s refined player engagement strategy supported by enhanced product and user experiences driving continued growth in player activity and retention.
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