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BetMGM posts 7% revenue growth and 112% EBITDA rise in Q3 2026, reaffirming full-year guidance.

Company Fundamentals
13 Oct 2026
PRNewsWire
View Source
Bullish
BetMGM posts 7% revenue growth and 112% EBITDA rise in Q3 2026, reaffirming full-year guidance.

BetMGM reported strong Q3 2026 results with net revenue up 7% year-over-year to $710 million and adjusted EBITDA more than doubling to $86 million. Growth was driven by robust iGaming and online sports betting performance, supported by exclusive content and enhanced sportsbook features ahead of the NFL season. The company maintained its full-year 2026 guidance, targeting net revenue between $2.9 and $3.1 billion and adjusted EBITDA of $300 to $350 million, while expressing confidence in long-term profitable growth and a future EBITDA goal of $500 million. BetMGM also highlighted successful market launches and strong player engagement during the World Cup and other events.

BetMGM's Q3 2026 business update is presented with Pluang's Consumer Cyclical sector market data as of Oct 13, 2026 17:41 WIB: out of 126 US stocks, 89 rose and 29 fell. Notable movers include VFC at USD 16.41 with a 1-day change of +3.93%, RENT at USD 1.76 down -3.83%, and DPZ at USD 303.04 down -2.53%. The most notable figure is VFC's 3.93% gain.

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