UK's Entain rises after BetMGM forecasts 2026 profit
ReutersFeb 4, 2026 1:38 PM
Shares of British betting company Entain ENT.L up 7.1% at 628p
BetMGM, Entain's joint venture with U.S.-based MGM Resorts MGM.N, said it expects 2026 adjusted core profit of $300 million to $350 million
BetMGM reports adjusted core profit of $220 million for 2025
BetMGM forecasts net revenue of $3.1 billion to $3.2 billion in 2026
BetMGM returns $270 million in cash to its parent companies in Q4
YTD, ENT stock declined ~19%
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