BetMGM CEO Adam Greenblatt thinks sanity will ultimately prevail, and that federal lawmakers will undo the wagering loss deduction change.

U.S. sports-betting service BetMGM, a joint venture between Entain and MGM Resorts, has raised its full-year 2025 revenue and core earnings forecast after posting a 35% rise in first-half revenue, helped by strong demand in online sports betting and its iGaming division.

BetMGM raised its full year EBITDA guidance for the second time since June based on a stronger-than-expected first half.

BetMGM raises 2025 forecast after strong first-half growth in revenue, iGaming, and online sports betting performance.

The growth led BetMGM to raise its full-year revenue target to at least $2.7 billion and increase its 2025 EBITDA forecast to at least $150 million. The updated target is above the initial forecast of $2.4 billion and marks the second time this year the company has upgraded its outlook.

BetMGM Missouri will launch this winter. Read our expert guide to get information on what the BetMGM Missouri bonus code will be and what new users bonus it will likely offer.

The plaintiff says the gaming giant owes her winnings from its Luck O' the Roulette game. BetMGM says the game malfunctioned.