Welcome to our dedicated page for Entain Plc news (Ticker: GMVHY), a resource for investors and traders seeking the latest updates and insights on Entain Plc stock.
Entain Plc (GMVHY) delivers cutting-edge sports betting and iGaming solutions through brands like BetMGM, operating in over 30 regulated markets worldwide. This page provides investors with a comprehensive collection of official news releases and verified updates directly impacting the company's strategic position.
Access real-time information on earnings reports, regulatory developments, technology innovations, and partnership announcements. Our curated feed ensures you stay informed about operational milestones in Entain's digital transformation journey, including omnichannel platform enhancements and market expansions.
Key updates include corporate governance changes, responsible gaming initiatives, and financial performance metrics. Bookmark this page for streamlined tracking of Entain's progress in merging retail expertise with digital-first solutions across global gaming ecosystems.
BetMGM (GMVHY) reported strong growth in Q2/1H 2025, with Q2 Net Revenue up 36% YoY to $692 million and EBITDA of $86 million (up $78 million YoY). The company's 1H 2025 performance showed Net Revenue of $1.35 billion (+35% YoY) and EBITDA of $109 million (up $232 million YoY).
The growth was driven by strong performance in both segments: iGaming revenue grew 29% to $449 million in Q2, while Online Sports revenue increased 56% to $228 million. The company maintained a 14% GGR market share with iGaming at 22% and Online Sports at 8%.
Based on strong performance, BetMGM increased FY2025 guidance to Net Revenue of at least $2.7 billion and EBITDA of at least $150 million, expressing confidence in reaching $500 million EBITDA in coming years.
BetMGM (GMVHY), the sports betting and iGaming joint venture between MGM Resorts (NYSE: MGM) and Entain plc (LSE: ENT), has scheduled its Q2 2025 business update for July 29, 2025.
Management will host a conference call with Q&A at 9:00 AM ET / 6:00 AM PT. The audio webcast details will be available on MGM Resorts' investor relations website. The announcement also notes upcoming earnings releases for MGM Resorts (July 30) and Entain (August 12).
BetMGM (OTC:GMVHY) has announced a multi-year partnership with baseball legend Derek Jeter as its newest brand ambassador. The five-time World Series champion and Hall of Famer will be featured in national marketing campaigns, including the upcoming "Legendary Plays" spot premiering July 15, 2025.
Jeter joins BetMGM's roster of sports legends alongside Barry Sanders, Tim Howard, and Wayne Gretzky. The partnership includes the launch of an exclusive Jeter-themed slot game, marking the first online casino game featuring a current or former professional baseball player. Additionally, Jeter will promote BetMGM's responsible gambling initiatives in the United States and Canada, participate in VIP events, and be featured across digital platforms.
BetMGM (OTC:GMVHY) and Marriott Bonvoy have announced an exclusive fantasy football draft weekend sweepstakes in Las Vegas. The winner and 11 friends will enjoy a draft party hosted by former All-Pro quarterback Matt Ryan at the BetMGM Sportsbook at ARIA Resort & Casino.
The prize package includes a three-night stay at The Cosmopolitan of Las Vegas, round-trip flights, dinner at Mayfair Supper Club, and a $6,000 MGM Resorts credit. The sweepstakes runs from July 9-30, 2025, requiring participants to link their BetMGM and Marriott Bonvoy accounts.
This promotion builds on the companies' 2024 rewards collaboration, which allows players to earn and exchange BetMGM Rewards points for Marriott Bonvoy points, up to 500,000 points annually.
BetMGM (OTC:GMVHY) and TAPPP have announced the launch of BetMGM gift cards across 2,500 retail locations in Ontario, Canada, marking the first sportsbook-branded gift card in the Canadian market. The program enables players to fund their iGaming and sportsbook accounts through secure PIN redemption, with a $250 weekly deposit limit for prepaid cards in Canada.
The expansion follows BetMGM's successful U.S. gift card program, which launched in September 2021 and has achieved a 99% redemption rate across 15 states. The initiative builds on BetMGM's position as a top-tier operator in Ontario's sports betting and iGaming market, while maintaining focus on responsible gaming through its GameSense integration.
BetMGM has announced exclusive partnerships with the Las Vegas Aces and the WNBA through the 2027 season, marking its first major collaboration with a women's professional sports franchise. The partnership includes prominent signage at Michelob ULTRA Arena, VIP experiences, and BetMGM becoming an authorized gaming partner of the WNBA.
Key highlights include the launch of the first-ever WNBA-branded online slot game and the "BetMGM Steals for Meals" program, which will donate $50 to The Just One Project for every Aces home steal. BetMGM reported significant growth in WNBA betting, with a 133% year-over-year increase during the 2024 season. The company will offer expanded betting options, including player props and Commissioner's Cup odds.
Century Casinos (CNTY) has announced a significant partnership with BetMGM to introduce sports betting in Missouri through its Century Casino & Hotel Cape Girardeau subsidiary. The long-term agreement enables BetMGM to operate both online and mobile sports betting platforms under Century's license. The deal includes revenue sharing with a guaranteed minimum for Century and potential retail sportsbook options at Century's discretion. The partnership's implementation is subject to obtaining necessary gaming licenses and regulatory approvals.
BetMGM reported strong Q1 2025 performance with total Net Revenue of $657 million, up 34% year-over-year. The company achieved significant growth across both iGaming (+27% to $443M) and Online Sports (+68% to $194M).
Key highlights include:
- First quarter EBITDA of $22 million, marking a $154M improvement YoY
- Handle increased 29% YoY to $4.1 billion
- Average Monthly Actives grew 6% YoY to 1.07 million users
- NGR margin improved by 110 basis points YoY
The company maintains market leadership in iGaming with 22% market share and holds an 8% share in Online Sports. BetMGM reaffirmed its FY 2025 guidance of $2.4-2.5 billion in Net Revenue and expects to achieve positive EBITDA for the full year.
BetMGM, the joint venture between MGM Resorts International (NYSE: MGM) and Entain plc (LSE: ENT), has scheduled its Q1 2025 business update for Monday, April 28, 2025. The company will release the update covering January 1 - March 31, 2025, at 7:00 AM ET.
A conference call with Q&A session will follow at 9:00 AM ET, with access details to be provided on MGM Resorts' investor website. The announcement comes ahead of both parent companies' quarterly results, with Entain reporting on April 29 and MGM Resorts following on April 30, 2025.
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