MGM Resorts International

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Entain Says BetMGM Expects To Be EBITDA Positive In H2 2023

Published: 01/26/2023 13:42 GMT
MGM Resorts International (MGM) - Entain Plc - Betmgm Business Update.
Entain - Betmgm Finished FY 2022 With a Strong Financial Performance.
Entain - Betmgm is Well Positioned to Achieve Net Revenue From Operations of Between $1.8 and $2 Billion in FY 2023 and Be EBITDA Positive in H2 2023.
Entain - Betmgm FY22 Net Revenue From Operations of $1.44 Billion, Ahead of Prior Guidance of Over $1.3 Billion.
Entain - Entain and Mgm Resorts Expect to Invest a Combined Additional $150 Million in FY 2023.
Entain Plc - Betmgm Business Update.
Entain - Betmgm Finished FY22 EBITDA Loss of Approximately $440 Million, in Line With Prior Guidance.