{"id":11354,"date":"2026-10-15T05:41:09","date_gmt":"2026-10-15T05:41:09","guid":{"rendered":"https:\/\/casino-online-best.com\/index.php\/2026\/10\/15\/betmgm-adjusted-ebitda-rises-112-to-86-million-in-q3\/"},"modified":"2026-10-15T05:41:09","modified_gmt":"2026-10-15T05:41:09","slug":"betmgm-adjusted-ebitda-rises-112-to-86-million-in-q3","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2026\/10\/15\/betmgm-adjusted-ebitda-rises-112-to-86-million-in-q3\/","title":{"rendered":"BetMGM Adjusted EBITDA Rises 112% To $86 Million In Q3"},"content":{"rendered":"<div>\n<p>BetMGM increased third-quarter net revenue by 7% to $710 million despite a 3% decline in average monthly active users. Adjusted EBITDA reached $86 million, up 112% from a year earlier.<\/p>\n<hr>\n<p><strong>Good To Know<\/strong><\/p>\n<ul>\n<li>BetMGM paid $68 million to parent companies Entain and MGM Resorts International.<\/li>\n<li>Sportsbook net gaming revenue per active player increased 18%.<\/li>\n<li>iGaming generated $483 million in net revenue, roughly 68% of the total.<\/li>\n<\/ul>\n<hr>\n<h2><strong>Higher Player Spending Supports BetMGM Results<\/strong><\/h2>\n<p>BetMGM maintained its full-year outlook, expecting results near the lower end of its $2.9 billion to $3.1 billion net revenue range and $300 million to $350 million adjusted EBITDA range. It also retained its longer-term $500 million adjusted EBITDA ambition.<\/p>\n<p>Sports betting benefited from World Cup engagement and upgrades ahead of the NFL season. Handle per active player increased 13%, while total handle rose 3%, indicating stronger betting activity among a smaller player base.<\/p>\n<p>Citizens Research analyst Jordan Bender said:<\/p>\n<p><em>\u201cWe believe the quarter\u2019s results were stronger than feared, alleviating some concerns around game outcomes at the start of the NFL season.\u201d<\/em><\/p>\n<p>Meanwhile, iGaming contribution exceeded $135 million, and online sports betting contribution remained positive. BetMGM reported 20% iGaming GGR share across its active markets, compared with 8% in online sports betting.<\/p>\n<p>Casino engagement held up better than the overall user count. iGaming average monthly actives increased 2%, and net gaming revenue per active player rose 4%. BetMGM called its Game of Thrones rollout across the United States, Ontario and Alberta its most successful game franchise launch to date. A Borgata refresh also lifted average daily actives by 28% against previous levels.<\/p>\n<hr>\n<h3><strong>FAQ<\/strong><\/h3>\n<p><strong>Why Did BetMGM Revenue Rise With Fewer Users?<\/strong><\/p>\n<p>Higher revenue per active player supported growth, while the company refined player acquisition and management.<\/p>\n<p><strong>Was The $68 Million Parent Payment Entirely A Distribution?<\/strong><\/p>\n<p>No. It comprised $18 million in parent fees and a $50 million cash distribution.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/betmgm-adjusted-ebitda-rises-112-to-86-million-in-q3\/\">BetMGM Adjusted EBITDA Rises 112% To $86 Million In Q3<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BetMGM increased third-quarter net revenue by 7% to $710 million despite a 3% decline in average monthly active users. Adjusted EBITDA reached $86 million, up 112% from a year earlier. Good To Know BetMGM paid $68 million to parent companies Entain and MGM Resorts International. Sportsbook net gaming revenue per active player increased 18%. iGaming [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-11354","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.2.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"BetMGM increased third-quarter net revenue by 7% to $710 million despite a 3% decline in average monthly active users. Adjusted EBITDA reached $86 million, up 112% from a year earlier. Good To Know BetMGM paid $68 million to parent companies Entain and MGM Resorts International. 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Adjusted EBITDA reached $86 million, up 112% from a year earlier. Good To Know BetMGM paid $68 million to parent companies Entain and MGM Resorts International. Sportsbook net gaming revenue per active player increased 18%. iGaming\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/casino-online-best.com\/index.php\/2026\/10\/15\/betmgm-adjusted-ebitda-rises-112-to-86-million-in-q3\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2026-10-15T05:41:09+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2026-10-15T05:41:09+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary\" \/>\n\t\t<meta name=\"twitter:title\" content=\"BetMGM Adjusted EBITDA Rises 112% To $86 Million In Q3 - Best Online Casinos\" \/>\n\t\t<meta name=\"twitter:description\" content=\"BetMGM increased third-quarter net revenue by 7% to $710 million despite a 3% decline in average monthly active users. Adjusted EBITDA reached $86 million, up 112% from a year earlier. 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Sportsbook net gaming revenue per active player increased 18%. iGaming\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BlogPosting\",\"@id\":\"https:\\\/\\\/casino-online-best.com\\\/index.php\\\/2026\\\/10\\\/15\\\/betmgm-adjusted-ebitda-rises-112-to-86-million-in-q3\\\/#blogposting\",\"name\":\"BetMGM Adjusted EBITDA Rises 112% To $86 Million In Q3 - Best Online Casinos\",\"headline\":\"BetMGM Adjusted EBITDA Rises 112% To $86 Million In Q3\",\"author\":{\"@id\":\"https:\\\/\\\/casino-online-best.com\\\/index.php\\\/author\\\/c-and-c-media\\\/#author\"},\"publisher\":{\"@id\":\"https:\\\/\\\/casino-online-best.com\\\/#organization\"},\"datePublished\":\"2026-10-15T05:41:09+00:00\",\"dateModified\":\"2026-10-15T05:41:09+00:00\",\"inLanguage\":\"en-US\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/casino-online-best.com\\\/index.php\\\/2026\\\/10\\\/15\\\/betmgm-adjusted-ebitda-rises-112-to-86-million-in-q3\\\/#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/casino-online-best.com\\\/index.php\\\/2026\\\/10\\\/15\\\/betmgm-adjusted-ebitda-rises-112-to-86-million-in-q3\\\/#webpage\"}},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/casino-online-best.com\\\/index.php\\\/2026\\\/10\\\/15\\\/betmgm-adjusted-ebitda-rises-112-to-86-million-in-q3\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/casino-online-best.com\\\/#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/casino-online-best.com\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/casino-online-best.com\\\/index.php\\\/2026\\\/10\\\/15\\\/betmgm-adjusted-ebitda-rises-112-to-86-million-in-q3\\\/#listItem\",\"name\":\"BetMGM Adjusted EBITDA Rises 112% To $86 Million In Q3\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/casino-online-best.com\\\/index.php\\\/2026\\\/10\\\/15\\\/betmgm-adjusted-ebitda-rises-112-to-86-million-in-q3\\\/#listItem\",\"position\":2,\"name\":\"BetMGM Adjusted EBITDA Rises 112% To $86 Million In Q3\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/casino-online-best.com\\\/#listItem\",\"name\":\"Home\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/casino-online-best.com\\\/#organization\",\"name\":\"Best Online Casinos\",\"description\":\"News about Online Casinos\",\"url\":\"https:\\\/\\\/casino-online-best.com\\\/\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/casino-online-best.com\\\/index.php\\\/author\\\/c-and-c-media\\\/#author\",\"url\":\"https:\\\/\\\/casino-online-best.com\\\/index.php\\\/author\\\/c-and-c-media\\\/\",\"name\":\"Casino Online Best\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/casino-online-best.com\\\/index.php\\\/2026\\\/10\\\/15\\\/betmgm-adjusted-ebitda-rises-112-to-86-million-in-q3\\\/#authorImage\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/aea35efa16ab25f562b2cf968e6f8b5a7b924961b1e74651e01522ac09ec2106?s=96&d=mm&r=g\",\"width\":96,\"height\":96,\"caption\":\"Casino Online Best\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/casino-online-best.com\\\/index.php\\\/2026\\\/10\\\/15\\\/betmgm-adjusted-ebitda-rises-112-to-86-million-in-q3\\\/#webpage\",\"url\":\"https:\\\/\\\/casino-online-best.com\\\/index.php\\\/2026\\\/10\\\/15\\\/betmgm-adjusted-ebitda-rises-112-to-86-million-in-q3\\\/\",\"name\":\"BetMGM Adjusted EBITDA Rises 112% To $86 Million In Q3 - Best Online Casinos\",\"description\":\"BetMGM increased third-quarter net revenue by 7% to $710 million despite a 3% decline in average monthly active users. 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Adjusted EBITDA reached $86 million, up 112% from a year earlier. Good To Know BetMGM paid $68 million to parent companies Entain and MGM Resorts International. Sportsbook net gaming revenue per active player increased 18%. iGaming","og:url":"https:\/\/casino-online-best.com\/index.php\/2026\/10\/15\/betmgm-adjusted-ebitda-rises-112-to-86-million-in-q3\/","article:published_time":"2026-10-15T05:41:09+00:00","article:modified_time":"2026-10-15T05:41:09+00:00","twitter:card":"summary","twitter:title":"BetMGM Adjusted EBITDA Rises 112% To $86 Million In Q3 - Best Online Casinos","twitter:description":"BetMGM increased third-quarter net revenue by 7% to $710 million despite a 3% decline in average monthly active users. Adjusted EBITDA reached $86 million, up 112% from a year earlier. Good To Know BetMGM paid $68 million to parent companies Entain and MGM Resorts International. Sportsbook net gaming revenue per active player increased 18%. iGaming"},"aioseo_meta_data":[],"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/casino-online-best.com\/\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tBetMGM Adjusted EBITDA Rises 112% To $86 Million In Q3\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/casino-online-best.com\/"},{"label":"BetMGM Adjusted EBITDA Rises 112% To $86 Million In Q3","link":"https:\/\/casino-online-best.com\/index.php\/2026\/10\/15\/betmgm-adjusted-ebitda-rises-112-to-86-million-in-q3\/"}],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/11354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=11354"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/11354\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=11354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=11354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=11354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}