BetMGM's Q2 2026 Results: Revenue Up, iGaming Soars

BetMGM, the leading sports betting and iGaming company jointly owned by Entain plc and MGM Resorts International, has reported a 3% year-over-year increase in net revenue for Q2 2026. The company's net revenue for the second quarter was $711 million, up from $692 million in the same period in 2025.

The increase in net revenue was driven by a significant growth in iGaming operations. BetMGM's iGaming revenue soared by 8% year-over-year, reaching $483 million. This growth was attributed to positive customer engagement and a strong product offering.

Online sports betting revenue remained stable at $228 million, on par with the same period in 2025. The company noted that this stability reflected strong handle from tentpole events, including NBA playoffs and World Cup, offset by higher player generosity. Retail net revenue, however, decreased by 97% due to larger staking bets won by premium players.