Industry News

BetMGM has raised its fiscal 2025 revenue forecast to $2.6 billion following strong growth in iGaming and online sports betting. In Q1 2025, net revenue surged 34% to $657 million, driven by a 27% rise in iGaming and a 68% increase in sports betting. The company also launched new promotions, including up to $1,500 in free bets for new users.

NorthStar Gaming saw double-digit revenue growth and a record gross margin in Q2 2025, driven by a 125% increase in managed services revenue and improved operational efficiency. The company's strategic marketing campaigns and expansion plans continue to strengthen brand loyalty and profitability.