BetMGM raises FY25 revenue view to at least $2.7B from at least $2.6B

Raises FY25 EBITDA view to $150M from $100M. The company said, “BetMGM’s performance in 2Q and 1H 2025 provides increased confidence in the long-term profitability and opportunities for the business. Secured podium position in a large and growing total addressable market with increasing operating leverage benefits, reinforces our confidence in delivering EBITDA of $500 million in the coming years.”