BetMGM starts 2026 profitable but growth slows and outlook narrows slightly Suswati Basu BetMGM entered 2026 still making money, though its latest results point to a business that has lost some of last year’s momentum. First-quarter net revenue reached $ 696 million, up 6% from the same period a year ago. Adjusted EBITDA … Continue reading BetMGM starts 2026 profitable but growth slows and outlook narrows slightly
BetMGM phases out credit cards after fraud probe in Pennsylvania state Suswati Basu Regulators in Pennsylvania have signed off on a settlement with BetMGM after uncovering a series of fraud-related failures tied to how the company verified its customers. The agreement, approved March 25, comes with financial penalties and the removal of credit … Continue reading BetMGM phases out credit cards after fraud probe in Pennsylvania state
Pennsylvania regulator fines BetMGM over weak fraud detection controls Paul McNally Pennsylvania gaming regulators have levied a $ 100,000 fine against BetMGM after concluding the company did not have strong enough safeguards in place to prevent fraud on its online betting platforms. The penalty was approved during the board’s public meeting on March … Continue reading Pennsylvania regulator fines BetMGM over weak fraud detection controls
BetMGM and St. Louis Blues embark on official sports betting partnership Rachael Davies Suswati Basu BetMGM is now the official sports betting partner of the National Hockey League’s St Louis Blues in a new multi-year agreement. The announcement of the new partnership between the St Louis Blues and BetMGM promises exclusive fan … Continue reading BetMGM and St. Louis Blues embark on official sports betting partnership
