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BetMGM Q3 Adjusted EBITDA Jumps 112% to $86M on 7% Revenue Growth

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BetMGM Q3 Adjusted EBITDA Jumps 112% to $86M on 7% Revenue Growth

Jersey City – October 13, 2026 -- BetMGM LLC reported Q3 2026 adjusted EBITDA of $86 million, up 112% year over year, on net revenue of $710 million, up 7%. The North American sports betting and iGaming operator is jointly owned by MGM Resorts International and Entain plc. It reiterated full-year guidance but said it expects to land at the lower end of the ranges.

iGaming delivers $483 million as online sports adds $216 million

iGaming net revenue rose 6% to $483 million, and online sports net revenue rose 7% to $216 million. iGaming contribution exceeded $135 million, while online sports contribution was positive. Year-to-date adjusted EBITDA stands at $185 million.

BetMGM holds a 14% gross gaming revenue share in its active markets, including 20% in iGaming and 8% in online sports.