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Entain, the owner of half of BetMGM, reported a 2% year-over-year increase in group net gaming revenue for the third quarter of 2026. Growth in iGaming helped offset a weaker sports performance.
The source does not give the dollar amount of group net gaming revenue, and it does not break out BetMGM’s standalone results. No West Virginia-specific change was reported.
iGaming Growth Offsets Sports Softness
Entain said iGaming revenue grew 8% year over year in the quarter. Online sports net gaming revenue (NGR) fell 3% for the quarter ending Sept. 30, and sports wagers decreased 1%.
The company pointed to results on the field. Entain said "customer-friendly football results in August and September more than offset July’s strong sports margin." The quarter also included the World Cup’s knockout stage.
Management Comment
Entain CEO Stella David said she was pleased with the Q3 performance. She said it "reflects the strength of our execution and reinforces the resilience of our globally scaled business."
What It Means for West Virginia Readers
The report is a company-wide earnings update. It does not describe changes to products, promotions, payments or compliance in West Virginia, and it does not mention West Virginia regulators or market data. Readers looking for local effects should watch for operator announcements or regulator actions that address the state directly.
The source also does not say when Entain will report next or how BetMGM performed on its own, so those details remain to be seen.
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Source: As reported by cdcgaming.com.
