MGM Resorts generated $4 billion in revenue in Q3 2023, a 16% increase compared to the same period last year.
BetMGM is currently the third-largest sportsbook in America behind FanDuel and DraftKings with an 18% market share in licensed jurisdictions.The part-owner of one of America’s largest sports betting operators reported favorable third-quarter results.in Q3 2023, a 16% increase compared to the same period last year.
BetMGM is the third-largest sportsbook in America behind FanDuel and DraftKings with an 18% market share in licensed jurisdictions. Its market share currently excludes New York — the largest online gaming market in the U.S.— a horse racing-focused real estate development group — to offer online and retail wagering in the Bluegrass State. Retail sports betting in Kentucky went live on Sept. 7, while online wagering launched on Sept. 28.
Entain, which also owns UK betting brand Ladbrokes, projects BetMGM to generate between $1.8 billion and $2 billion in revenue in FY2023 amid its expansion to new U.S. betting markets.Copyright © 1995 - 2023 CS Media Limited All Rights Reserved. If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so. It is your sole responsibility to understand your local laws and observe them strictly.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shares in Wagamama owner drop as PizzaExpress owner decides not to rival Apollo bidLouis Goss is a MarketWatch reporter based in London.
Read more »
UFC and WWE Owner TKO Reports First Quarterly EarningsThe Endeavor-controlled company completed its merger of the WWE and UFC in September.
Read more »
Get BetMGM Bonus Code NYPNEWS1500 and FanDuel promo code for Auburn-Baylor, any gameNew York Post readers can use the BetMGM bonus code NYPNEWS1500 or the FanDuel promo code to get in on the action for Auburn vs. Baylor in college basketball.
Read more »
BetMGM Bonus Code: Get a $1,500 First Bet for Auburn vs Baylor TonightSign up to BetMGM with bonus code COVERSBONUS to get up to $1,500 bonus bets back if your Auburn vs Baylor bet loses.
Read more »
BetMGM Bonus Code NYPNEWS1500 grants a $1.5K deposit match or $200 for any matchup TuesdayUse the BetMGM bonus codes to get excellent offers ahead of Tuesday’s slate.
Read more »
Southland crime: Armed robberies in Burbank, Evergreen Park and New LenoxCrime reports from south suburban agencies from police and court reports and news releases.
Read more »