BetMGM sees FY 2026 net revenue, adjusted EBITDA near low end of guidance ranges - MGM News | RalliesBetMGM sees FY 2026 net revenue, adjusted EBITDA near low end of guidance ranges
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MGM• FY 2026 outlook and recent results
- BetMGM maintained its FY 2026 outlook for net revenue of $2.9 billion-$3.1 billion and adjusted EBITDA of $300 million-$350 million.
- Guidance is 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.