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U.S. sports-betting service BetMGM, a joint venture between Entain and MGM Resorts, has raised its full-year 2025 revenue and core earnings forecast after posting a 35% rise in first-half revenue, helped by strong demand in online sports betting and its iGaming division.

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BetMGM raises 2025 forecast after strong first-half growth in revenue, iGaming, and online sports betting performance.

BetMGM announced strong results for the second quarter and first half of 2025. The sports betting company recorded a 36% year-over-year rise in revenue for Q2 and a 35% increase for the first half of the year.

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BetMGM raised its full year EBITDA guidance for the second time since June based on a stronger-than-expected first half.