Feb 8 (Reuters) - U.S. sports-betting service BetMGM turned a profit for the first time in the second half of 2023, as the joint venture between MGM Resorts and Entain saw strong demand from punters cashing in on sporting events.
Entain said the venture posted a core loss of about $67 million for the year and its net revenue from operations grew 36%. (Reporting by Radhika Anilkumar in Bengaluru; Editing by Shailesh Kuber)
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