Entain PLC's joint venture BetMGM reported stronger-than-expected Q3 results, with revenue rising 7% to $710 million and EBITDA surging 112% to $86 million, beating Deutsche Bank's forecasts. Growth was driven by increased spending per active customer in sports and iGaming, despite a 3% decline in active users. The World Cup boosted player acquisition and engagement, and BetMGM returned $34 million in cash to Entain, including a $25 million dividend. Deutsche Bank maintains a 'buy' rating and an 872p price target for Entain, highlighting the venture's robust performance and strategic focus.
Entain's BetMGM joint venture posted strong Q3 results, with revenue up 7% to $710 million and EBITDA rising 112% to $86 million. For readers following the Consumer Cyclical sector, here is Pluang's market snapshot as of Oct 14, 2026 20:04 WIB: out of 134 US stocks, 36 rose and 93 fell. Notable movers include DHI at USD 132.51 with a -2.17% change, LI at USD 11.51 with a -2.04% change and 95% sell order activity, and STLA at USD 4.36 with a -2.02% change.
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Charles Schwab is set to report its Q3 2026 earnings with an estimated EPS of $1.66 and revenue around $7.18-$7.19 billion, reflecting significant growth driven by an 18.2% increase in trading revenue, net interest income, and asset management fees. ...
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