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MGM Resorts Shares Rise After BetMGM Reports Higher Q4 Revenue
Sports betting joint venture sees revenue growth in Q4 2025
Feb. 4, 2026 at 10:07am
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MGM Resorts International's stock price rose 11.6% on Wednesday after its sports betting joint venture BetMGM reported higher revenue in the fourth quarter of 2025. BetMGM, a 50-50 partnership between MGM Resorts and Entain, saw an increase in net revenue during the period.
Why it matters
The strong performance of BetMGM is a positive sign for MGM Resorts, as the company has been focusing on growing its online and mobile sports betting business to complement its brick-and-mortar casino operations. The rise in MGM's stock price indicates investor confidence in the company's ability to capitalize on the growing sports betting market.
The details
BetMGM, the sports betting joint venture between MGM Resorts and Entain, reported higher net revenue in the fourth quarter of 2025. This led to a 11.6% increase in MGM Resorts' stock price in recent Wednesday trading. MGM Resorts owns a 50% stake in BetMGM, which operates online and mobile sports betting platforms across the United States.
- BetMGM reported its Q4 2025 results on February 4, 2026.
The players
MGM Resorts International
One of the world's leading casino operators, owning and operating 18 casino hotels in the United States and China.
BetMGM
A 50-50 sports betting joint venture between MGM Resorts and Entain, operating online and mobile sports betting platforms across the United States.
Entain
A British multinational sports betting and gambling company that owns a 50% stake in the BetMGM joint venture with MGM Resorts.
The takeaway
The strong performance of BetMGM, MGM Resorts' sports betting joint venture, is a positive sign for the company as it continues to focus on growing its online and mobile betting business to complement its traditional casino operations. Investors appear confident in MGM's ability to capitalize on the expanding sports betting market.
