MGM Resorts International could seek “other ways to monetise” BetMGM JV

NodeGuardian · 2026-03-13T13:26:08+00:00

MGM Resorts is exploring ways to enhance the valuation of its BetMGM joint venture, as strong revenue growth isn't reflected in its share price. CFO Halkyard is considering alternative strategies for better shareholder returns.

NodeGuardian

2026-03-13 13:26:08

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MGM Resorts International is considering alternative strategies to monetize its BetMGM joint venture, as its current valuation is not reflected in the group’s share price. CFO Jonathan Halkyard indicated that the company might explore other avenues to deliver return on investment for shareholders. This situation arises despite BetMGM reporting a significant 33% spike in FY 2025 revenue, reaching $2.8 billion.

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