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BetMGM confident of $500m EBITDA amid record igaming revenue

BetMGM has reiterated “confidence” in achieving its target of US$500m in EBITDA after the Entain and MGM Resorts joint venture operator posted record igaming revenue in 2024. Online casino revenue was up 13 per cent year-on-year to $1.5bn and has become a major driver of the brand’s growth, espec

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Michigan sets iGaming, sports betting records in November

Michigan's iGaming and sports betting industry reached new heights in November 2024, reporting record-breaking revenues and online sports wagering activity. Gross receipts for the month totaled $284.3 million, up 12.1% from October and a remarkable 35.9% increase compared to the same period last yea

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