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BetMGM, a leading sports betting and iGaming operator, and Richard Childress Racing (RCR), its partner since 2021, announced the launch of BetMGM Speedway. BetMGM Speedway represents BetMGM’s ongoing commitment to strengthening crossover experiences between sports betting and iGaming.
BetMGM Online Casino broke the bank in 2025 to the tune of awarding over $122 million to jackpot winners. MGM Grand Millions was one of the top progressive jackpot slots for multiple winners.
Looking ahead, BetMGM expects 2026 revenue of between $3.1B and $3.2B and adjusted EBITDA of between $300M and $350 million. In addition, the company noted that it has confidence in a pathway to $500M in adjusted EBITDA in FY27.
BetMGM has forecast revenue between $3.1 billion and $3.2 billion for fiscal 2026, and projects adjusted EBITDA in the range of $300 million to $350 million. The company reiterated its longer-term target of $500 million in adjusted EBITDA by 2027.