Entain is trading 4.72% up at £448.10, with Reuters and market coverage linking the rise to BetMGM’s strong Q3 update.
- BetMGM reported on October 13: revenue rose 7% to $710 million and adjusted EBITDA increased 112% to $86 million.
- BetMGM reaffirmed 2026 guidance, while saying revenue and EBITDA were tracking toward the lower ends of their ranges.
- Entain’s own Q3 trading update is scheduled for October 15, so the move preceded its results.