BetMGM expects to become profitable in second half of 2023

Expects to turn profitable in H2 2023 * 2022 revenue came in at $1.44 billion * Entain, MGM to invest $150 mln in BetMGM this year (Adds background, CEO and analyst comments) By Radhika Anilkumar Jan 26 (Reuters) - U.S.sports-betting platform BetMGM expects to turn profitable in the second half of 2023 after the MGM Resorts and Entain joint venture's annual revenue beat its own forecasts, aided by strong gaming margins. BetMGM expects the first...

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