All news

    BetMGM expects revenue at the lower end of expectations as retail revenue drops 97%

    BetMGM anticipates its revenue and adjusted EBITDA for 2026 to fall at the lower end of its previously projected guidance, despite a year-on-year revenue increase in Q2. This revision comes as the company notes 'higher player generosity' but also a significant 97% drop in retail revenue.

    Summary based on reporting by SBC News, which retains all rights to its text and images.

    The Daily Briefing

    One email each morning with the stories that moved the betting industry — regulators, operators and market moves, summarised. Free for industry professionals.

    No spam, no bonuses — just industry news. Unsubscribe any time.

    More like this

    Casino Pauma opens sportsbook on California tribal reservation

    Casino Pauma opens sportsbook on California tribal reservation

    Casino Pauma has launched a retail sportsbook on the Pauma Indian Reservation in California, permitting guests aged 18 and older to place wagers via self-service kiosks. The opening ceremony featured Pauma Band of Luiseño Indians leadership and former NFL player Shawne Merriman, who placed the venue's first bet. The facility introduces on-reservation sports betting within the state's tribal gaming landscape.