Gvc Holdings Plc (GMVHY)

I found you an Overbought RSI (Relative Strength Index) on the daily chart of Entain DRC PLC. Is that bullish or bearish? $GMVHY #RsiOverbought #PINK

$MGM $GMVHY BetMGM raises FY25 revenue view to at least $2.6B from $2.4B-$2.5B Sees FY25 EBITDA at least $100M. BetMGM, jointly owned by MGM Resorts (MGM) and Entain (GMVHF), is providing an update to FY25 guidance. BetMGM's momentum seen during Q1 has continued for Q2, with net revenue growth across both iGaming and online sports, driven by handle growth. Trading for the period is broadly consistent with 34% net revenue growth delivered in Q1. FY25 net revenue is now expected to be at least $2.6B up from the previous guidance range of $2.4B-$2.5B. FY25 EBITDA is now expected to be at least $100M up from the previous guidance to be EBITDA positive. Reiteration of the expectation that online sports will be contribution positive for FY25, in addition to strong contribution from iGaming.

I found you an Overbought RSI (Relative Strength Index) on the daily chart of Entain DRC PLC. Is that bullish or bearish? $GMVHY #RsiOverbought #PINK

I found you an Oversold RSI (Relative Strength Index) on the daily chart of Entain DRC PLC. Is that bullish or bearish? $GMVHY #RsiOversold #PINK

I found you an Oversold RSI (Relative Strength Index) on the daily chart of Entain DRC PLC. Is that bullish or bearish? $GMVHY #RsiOversold #PINK

I found you an Overbought RSI (Relative Strength Index) on the daily chart of Entain DRC PLC. Is that bullish or bearish? $GMVHY #RsiOverbought #PINK

I found you an Oversold RSI (Relative Strength Index) on the daily chart of Entain DRC PLC. Is that bullish or bearish? $GMVHY #GMVHY #pink #tradingsignals #technicalanalysis

$MGM $GMVHY BetMGM sees 2H EBITDA similar to first half The company said, "Investment in our execution roadmap, accelerating momentum and opportunities ahead all support our confidence in BetMGM's pathway to $500 million EBITDA in the coming years."

$MGM $GMVHY BetMGM reports 1H revenue $1B Reports 1H EBITDA loss $123M. Adam Greenblatt, CEO of BetMGM, commented: "The first half of this year has been very important in laying the groundwork for BetMGM's future. 2024 is a year of investment, focusing on improving our customer experience and stepping up our level of investment in players. We are encouraged to see this strategy delivering accelerating momentum. We have exceeded our goals for both acquisition and retention, which should lead to higher year-over-year revenue growth for the second half of this year into 2025. Our online sportsbook players have been enjoying Angstrom-enabled product capabilities since the start of the baseball season, and we look forward to players enjoying this across our wider sports offering leading into the NFL season. We are also very excited to bring our unique omnichannel opportunities to players by fully leveraging MGM Resorts' presence in Las Vegas. Single Account Single Wallet will be an important driver of the customer experience, with Nevada marking its completion ahead of the NFL season. Our iGaming business continues to perform strongly with attractive returns, and to maximize this strength and momentum, we plan to deploy additional marketing in the back half of this year. Our execution roadmap, building momentum and prospects ahead all support our confidence in BetMGM's strong future."