BetMGM reported $1 billion in net revenue through the first half of 2024, up 6% from the same period the previous year, in its first half financial report.
Based on the gross gaming revenue share for online sports betting and iGaming in the United States and Ontario, Canada, the operator further stated that its market share in North America from January to June was 13%. With net revenue rising 3% from the first quarter and 9% year over year, the gaming company showed some signs of life in the second quarter. Net revenue from sports betting and iGaming increased by 16% and 18% in the second quarter, respectively.
Based on the gross gaming revenue share for online sports betting and iGaming in the United States and Ontario, Canada, the operator further stated that its market share in North America from January to June was 13%. With net revenue rising 3% from the first quarter and 9% year over year, the gaming company showed some signs of life in the second quarter. Net revenue from sports betting and iGaming increased by 16% and 18% in the second quarter, respectively.
