BetMGM Raises 2025 Revenue Forecast Amid Strong Online Growth

Las Vegas, Monday, 16 June 2025.
BetMGM has increased its annual revenue forecast to $2.6 billion for 2025, driven by 34% growth in online gaming. EBITDA is now expected to exceed $100 million.
Strong Growth in Online Gaming Fuels Forecast Adjustment
On June 16, 2025, BetMGM, a joint venture by MGM Resorts International and Entain plc, significantly raised its revenue forecast for the fiscal year 2025. The company’s revenue is now projected to reach at least $2.6 billion, reflecting a robust 34% growth in its iGaming and online sports divisions [1][2]. This adjustment marks an increase from the previously anticipated range of $2.4 billion to $2.5 billion [3].
Financial Performance and Market Impact
The primary drivers behind BetMGM’s financial success are its online platforms, which have captured substantial market share amid a growing digital betting industry [2][3]. Impressively, the company’s EBITDA projection has also adjusted upward, now expected to exceed $100 million by the end of 2025 [1][4]. Such gains indicate not only effective strategic execution but also robust consumer engagement in the shifting gambling landscape [5].
Company and Industry Reactions
In response to this upward trajectory, MGM Resorts International and Entain plc have seen beneficial impacts on their market positions. Entain’s shares, for instance, rose 9% following the announcement, underscoring investor confidence in BetMGM’s growth strategy [2][4]. This financial uplift aligns with a broader industry trend where digital gaming operators are increasingly leveraging technological advancements and evolving customer preferences to enhance profitability [6].
Future Prospects and Strategic Goals
Looking forward, BetMGM aims to maintain its growth momentum with continued investment in its North American operations. The venture also sets an ambitious medium-term target of achieving a $500 million EBITDA in the coming years [2][5]. These goals reflect not only its confidence in sustaining revenue growth but also the potential to further capitalize on emerging digital market opportunities [2][6].
Sources
- ca.marketscreener.com
- www.investing.com
- investors.mgmresorts.com
- next.io
- www.gamblinginsider.com
- srnnews.com