MGM Resorts International

MGM: XNYS (USA)

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MGM: Online Sports Betting Remains Robust Despite Threats From Predictive Markets and AI

Dan Wasiolek

Feb 4, 2026

A strong product offering and improved customization drove BetMGM's (50% owned by MGM) 2025 sales up 33%, with EBITDA margins increasing to about 8% from negative 12% in 2024. The company sees revenue between $3.1 billion to $3.2 billion in 2026, with EBITDA of $325 million at the midpoint.

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MGM Resorts International

MGM: Online Sports Betting Remains Robust Despite Threats From Predictive Markets and AI

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