BetMGM Achieves Profitability with $2.8 Billion Revenue, Targets $500 Million EBITDA by 2027
BetMGM posts $2.8B in FY2025 revenue and turns EBITDA positive, targeting $500M by 2027 as US iGaming matures.
CryptoCasinoMedia Expert Analysis
At the intersection of Market Updates and Web3 innovation, BetMGM is demonstrating exactly how tier-1 operators are navigating the complex USA market. The strategic emphasis on USA is a calculated move to attract high-net-worth crypto players who demand institutional-grade security alongside their gaming experience.
What makes this particularly relevant for the broader iGaming industry is the operational pivot. BetMGM is proving that decentralized infrastructure and regulatory compliance are not mutually exclusive. This approach effectively lowers payment processing overhead while simultaneously elevating the brand's trustworthiness in a crowded marketplace.
Key Takeaways (AI Overview)
BetMGM posts $2.8B in FY2025 revenue and turns EBITDA positive, targeting $500M by 2027 as US iGaming matures.
NEW YORK, NY, Apr. 15, 2026 — BetMGM posted FY2025 net revenue of $2.8 billion, up 33% year-over-year, and positive adjusted EBITDA of $220 million. The platform holds 21% of US iGaming market share.
“Achieving profitability is a milestone that underscores our operational efficiency and strong brand loyalty,” BetMGM's CFO stated. “Our goal is to scale this momentum through 2026 and achieve our long-term target of half a billion in EBITDA by 2027.”
Management projects $3.1 to $3.2 billion in revenue for FY2026, targeting $500 million in EBITDA by 2027.
The profitability milestone signals a maturation of the US iGaming market as land-grab spending transitions to sustainable unit economics.
About BetMGM
BetMGM is a leading operator in the digital asset and interactive gaming space, committed to providing secure, transparent, and innovative entertainment experiences globally. For more information, visit the official corporate portal.
Reach 50,000+ iGaming Professionals
Distribute your corporate announcements, product launches, and regulatory updates directly to decision-makers across the crypto casino ecosystem.
ir@betmgm.com
Frequently Asked Questions
What is the latest news about Market Updates?
BetMGM posts $2.8B in FY2025 revenue and turns EBITDA positive, targeting $500M by 2027 as US iGaming matures.
What is the latest news about USA?
BetMGM posts $2.8B in FY2025 revenue and turns EBITDA positive, targeting $500M by 2027 as US iGaming matures.
What is the latest news about Expansion?
BetMGM posts $2.8B in FY2025 revenue and turns EBITDA positive, targeting $500M by 2027 as US iGaming matures.