BETMGM Q3 2026 BUSINESS UPDATE
PR Newswire•13/10/2026•07:00 ET
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Key Highlights
- ➤BetMGM Q3 net revenue $710 million, up 7% year over year
- ➤Adjusted EBITDA $86 million, up 112% year over year
- ➤FY26 guidance reiterated at $2.9-$3.1 billion revenue and $300-$350 million EBITDA
- ➤BetMGM delivered $68 million total cash to MGM Resorts and Entain
- ➤Alberta multi-product launch shows player metrics above Ontario launch
Expert Statements
Adam Greenblatt, Chief Executive Officer of BetMGM
“BetMGM delivered a strong Q3 as we continue to execute with discipline and generate profitable growth. Our product is stronger than it's ever been, with significant improvements to speed, stability, and responsiveness ahead of this football season. We have continued to prioritize our areas of strength – particularly our iGaming franchise – and remain operationally nimble as we navigate a highly competitive environment. Our underlying player fundamentals remain strong, and we are generating positive cash flow and Adjusted EBITDA. These put us on track to deliver against our 2026 guidance and support our confidence in the long-term outlook of our business.”
Strong Q3 with disciplined execution continuing to drive profitable growth
JERSEY CITY, N.J., Oct. 13, 2026 /PRNewswire/ -- BetMGM LLC ("BetMGM"), a leading sports betting and iGaming operator across North America, jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), is today providing an update on its Q3 2026 performance.
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