BetMGM reported no growth in its sports betting segment in Q2 this year, as active monthly users dropped by 3%.
BetMGM reported no growth in its sports betting segment in Q2 this year, as active monthly users dropped by 3%.
BetMGM's sports betting segment showed no increase in Q2, with a 3% decrease in active monthly users. The company anticipates a setback in achieving a targeted Adjusted EBITDA of $500 million due to the influence of prediction markets on its operations. In the Q2 business update, BetMGM highlighted the overall revenue performance...
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