BetMGM H1 EBITDA Still Negative; Revenue Exceeds $1 Billion

Entain and MGM's joint venture, BetMGM, announced its financial results for the first half of 2024, showing a 6% year-on-year revenue increase, reaching 1 billion USD, while the EBITDA for the first half was a negative 123 million USD. The increase in revenue was somewhat offset by the less fa