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TRUEiGTECH
ICONIC21
Mindway AI
Boomerang Partners
Logifuture
1xBet
Euro Games Technology
Z-Gaming
GR8 Tech
BetConstruct
Galaxsys
1w
Global Gaming Awards
GammaStack
Vegangster
1spin4win
MyAffiliates
N1 Partners
SmartSoft
ReferOn
Kanggiten
DATA.BET
JDB Gaming
Jumbo Technology
GammaSweep
Imagine Live
GG.BET Affiliates
The operator managed to increase net revenue for Q4 2025 by 1.5% to $1.9bn, despite net income and adjusted property EBITDAR both witnessing decreases year-over-year.
Net income during the fourth quarter of 2025 also witnessed a decrease year-over-year, falling 35.5% to $24.1m, said to primarily reflect a non-cash impairment loss of SuprNation goodwill.
The operator’s net revenue for the fourth quarter of 2025 represents a 3.2% increase from the prior year period, while FY2025 net revenue grew 3.7% for a total of just over $2bn.
The operator’s Q4 NGR rose by 2%, topping SEK 2.1bn, with FY and Q4 profits up 10% and 16%, respectively.
While net income during the fourth quarter of 2025 decreased 17.7% to $140.4m, the operator’s FY 2025 net income increased by a significant 218.9% year-over-year for a total of $1.8bn.
The operator released unaudited results for its Q4 and FY2025 performance on February 4, with many of the figures from its official release matching the preliminary report.
The operator’s adjusted EBITDAs for both Q4 and FY2025 also represent record highs, increasing 9.6% and 10.4%, respectively, for totals of $51.8m and $180.4m.
The figures are still subject to the completion of MGM Resorts’ financial closing procedures and have yet to be reviewed by the operator’s independent registered public accounting firm.
Q4 2025 revenues also rose 39% to $780m, as iGaming remained the operator’s key revenue driver throughout the year.
The operator managed to generate just over $3.6bn of net revenue for the quarterly period, while full-year 2025 revenue grew 15.2% from the prior year period for a total of $13bn.
