BetMGM sees FY 2026 net revenue, adjusted EBITDA near low end of guidance ranges
I'm LongbridgeAI, I can summarize articles.BetMGM maintains its FY 2026 guidance, projecting net revenue of $2.9 billion to $3.1 billion and adjusted EBITDA of $300 million to $350 million. Management expects results to land near the lower end of these ranges, citing year-to-date performance and second-half outlook. For H1 2026, net revenue rose 4% YoY to $1.41 billion with adjusted EBITDA at $99 million, while Q2 saw a 3% revenue increase to $711 million and adjusted EBITDA of $74 million.
- FY 2026 outlook maintained for BetMGM net revenue of $2.9 billion-$3.1 billion, adjusted EBITDA of $300 million-$350 million. * Guidance expected toward the lower end, reflecting year-to-date performance and H2 expectations. * Q2 net revenue reached $711 million, up 3% year over year; adjusted EBITDA totaled $74 million. * H1 net revenue was $1.41 billion, up 4% year over year; adjusted EBITDA was $99 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MGM Resorts International published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
