BetMGM Faces Challenges Despite Achieving Profitability
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00:00Okay, now on the side of
00:05about kind of where they'r
00:07of a different story here
00:08report to Matthew and not
00:11the one at Caesars, is it
00:15into this year, um I don'
00:18what to expect for bet Mg
00:21hitting profitability and
00:24in the fourth quarter of
00:26it became clear from MGM
00:31they were on board for th
00:34to have more investment t
00:37that hasn't exactly been
00:41said, you know, investors
00:44for quote, meaningful los
00:49there's an inflection nex
00:51isn't even necessarily wh
00:56right now is um 500 million
00:59MGM as well by 2026 next y
01:04expecting for the expenses
01:08to cover itself. You know
01:11mean that bet MGM can brea
01:14a little profitability on
01:18we just don't know yet. B
01:21was interesting for bet M
01:25they are still working on
01:28that they still have to p
01:31dollars into this. Now th
01:34um as bad as a pen for ex
01:39and attain both have put
01:42bet MGM, but they're seei
01:45their their work pay off
01:48a different boat entirely
01:51brands and just dumping m
01:54So MGM is a different sit
01:57But yeah, investors have