BetMGM Lost 9% of Its Users and Called It a Strategy. Here's What Actually Happened.
BetMGM's Q2 update drops July 28, one day before MGM reports earnings, and the timing isn't accidental. After a Q1 that missed analyst forecasts by 14% on revenue and 68% on EBITDA, the question isn't whether the numbers improved... it's whether the technology platform underneath can justify what MGM's hotel-casino properties are being asked to integrate.