Shares of MGM Resorts International spiked Monday after BetMGM, the U.S. sports-betting and iGaming venture owned jointly by MGM and Entain, lifted its fiscal-year guidance.
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 ...
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