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
Penn Entertainment narrows Q4 losses as bets reshape strategy after costly partnerships Suswati Basu News Editor Penn Entertainment closed out 2025 with a noticeably smaller loss, buoyed by stronger showings at its brick-and-mortar casinos and a long-awaited breakthrough in its online division. For the quarter ending December 31, revenue climbed to $ 1.81 billion, … Continue reading Penn Entertainment narrows Q4 losses as bets reshape strategy after costly partnerships
