BetMGM expects to show worthwhile in second half of 2023

Jan 26 (Reuters) – U.S. sports-betting service BetMGM expects to be worthwhile within the second half on 2023 after the three way partnership between MGM Resorts and Entain noticed its annual income beat its expectations.

Britain’s Entain, joint proprietor of BetMGM, mentioned on Thursday the enterprise’s income for the 12 months was $1.44 billion, up from its earlier forecast of $1.3 billion. (Reporting by Radhika Anilkumar in Bengaluru; Enhancing by Sherry Jacob-Phillips)