Gambling

BetMGM Growing into Sports Betting Giant

Last year, BetMGM began by operating in just three states. And despite the challenges of a pandemic (or perhaps helped by the pandemic keeping people home) they had grown to operating in ten states. The money was better than expected, too. Bringing in over $178 million in net revenue, significantly beating their target of $150 million. The real profits still lie ahead, however, as the company fully expects to make over $350 million this year… and they are off to a nice start. January numbers are in, and the company has already seen well over $40 million in net revenue….

The post BetMGM Growing into Sports Betting Giant appeared first on This Week in Gambling.