BetMGM’s Outstanding Performance in 2025 Sets New Milestones
BetMGM Achieves Significant Growth and Profitability in 2025
BetMGM, a leading name in online gaming and sports betting, revealed its financial results for the year 2025, showcasing remarkable achievements that surpassed all internal projections. The company not only experienced substantial revenue growth but also transitioned into a positive EBITDA position, fueling optimism about its future trajectory.
Strong Financial Results and Growth Across Divisions
Throughout 2025, BetMGM demonstrated exceptional progress, fueled by strategic initiatives in both its iGaming and online sports betting sectors. The company’s total net revenue soared to $2.8 billion, representing a 33% rise compared to the previous year. The iGaming sector saw a 24% increase in net revenue, while the sports betting division recorded an impressive 64% uptick year-over-year.
Significantly, BetMGM reported an EBITDA of $220 million for the year, marking a positive swing of $464 million from its 2024 figures. This milestone highlights the company’s improving profitability. Additionally, BetMGM’s effective customer retention strategies played a crucial role in these encouraging outcomes.
In the fourth quarter alone, BetMGM returned $270 million to its parent firms, Entain and MGM Resorts, reflecting strong cash flow and investor confidence.
Outlook for 2026 and Beyond
Looking ahead, BetMGM forecasted net revenue between $3.1 billion and $3.2 billion for 2026, with adjusted EBITDA expected to range from $300 million to $350 million. The company remains confident about reaching an adjusted EBITDA of $500 million by 2027, signaling continued growth and profitability.
CEO Adam Greenblatt Praises the Company’s Performance
BetMGM’s CEO, Adam Greenblatt, described 2025 as a landmark year for the company. He noted that the final quarter delivered record-breaking results, contributing to a robust finish for the year. Greenblatt also emphasized that the company’s improved profitability has strengthened its long-term ambitions.
“As we move forward into 2026 and beyond, the solid core metrics and overall health of our business reinforce our confidence in the path ahead. We will continue to pursue growth while adhering to the BetMGM way as the gaming industry evolves,” said Greenblatt.
Adam Greenblatt, CEO of BetMGM
Commitment to Responsible Gaming and Player Conduct
In response to rising incidents of player misconduct, BetMGM recently updated its terms of service to explicitly prohibit harassment of athletes, both online and in person. Although the company has always rejected such behavior, the updated policy clarifies that any form of athlete harassment could result in suspension or termination of betting accounts, reinforcing BetMGM’s dedication to maintaining a respectful and safe environment.
