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BetMGM maintains forecasts on steady U.S. growth

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May 12 (Reuters) - Sports betting service BetMGM on Thursday maintained its revenue forecast for 2022 and said it continues to expect a core profit in 2023, as the venture between MGM Resorts and Britain's Entain benefits from a rapid U.S. expansion.

The service now has 25% share in the U.S. sports betting and iGaming markets where it operates, London-listed Entain said, adding the addressable market in the United States and Canada was now expected to be about $37 billion. (Reporting by Pushkala Aripaka in Bengaluru; Editing by Shinjini Ganguli)