BetMGM posts 3% Q2 revenue uptick driven by iGaming as sports betting plateaus

BetMGM has announced its financial results for the second quarter and first half of 2026, with total revenue reaching $711 million for Q2, a 3% year-on-year increase.

The growth was fueled almost entirely by iGaming verticals, while sports betting revenue remained flat compared to the prior-year period. For the first six months of the year, the operator’s combined revenue hit $1.41 billion, up 4% from the same period in 2025.

BetMGM operates as a joint venture between Entain and MGM Resorts. The company’s performance illustrates the ongoing shift in the North American market toward online casino products, which continue to outpace sportsbook growth in several key states.