BetMGM has delayed its goal of achieving $500 million in annual adjusted EBITDA due to regulatory uncertainty surrounding prediction markets and a more challenging competitive landscape.
Multinational investment bank and financial services company Morgan Stanley has predicted second-quarter EBITDA of approximately $150 million for DraftKings. This is significantly below the sell-side consensus estimate of around $175 million, putting DraftKing’s price target down to $36 from $39.
Spanish gaming giant CIRSA opened 2026 with record revenues, sharply lower debt, and another quarter of EBITDA growth.
Betsson's Q1 2026 revenue reached €285.3m, a 3% decrease from the previous year. The B2C segment showed resilience, but the B2B sector's decline led to a 47% drop in EBITDA for the company.
