📊 Topic

Cross-Selling

1 story · First covered Apr 16, 2026 · Latest 2d ago
Cross-Selling Coverage
BetMGM Lost 68% of Its Expected EBITDA in One Quarter. Casino Hotels Should Be Watching.

BetMGM Lost 68% of Its Expected EBITDA in One Quarter. Casino Hotels Should Be Watching.

BetMGM's Q1 revenue missed forecasts by 14% and EBITDA cratered 68% below expectations, forcing a full-year guidance cut. If you're running a casino-adjacent hotel and assuming the gaming floor will keep subsidizing your room rates, this is the quarter that should make you nervous.