Financial News
News covering financial aspects of the betting and gambling industry, concerning loans, shares, property sales and general gaming company finances.
BetMGM reports revenue figure of $2.1bn for FY24
The operator’s FY revenue figure highlights a rise of 7% year-on-year, with iGaming leading the way over online sports & retail.
Key points:
- BetMGM reports FY24 revenue rise of 7% to $2.1bn
- iGaming was the company's primary revenue driver for the period
- Retail revenue fell by 50% year-on-year
- EBITDA fell to negative $244m during 2024
Operator BetMGM has posted its FY24 financial results, highlighting a net reve...
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