Top Trending Gambling News July 29: BetMGM Stronger Than Expected 2025 2nd Quarter

Submitted by C Costigan on

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C Costigan

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Gambling911.com has your top trending stories in the world of gaming, gambling, casinos, sports betting, crypto and more for Tuesday July 29, 2025 including BetMGM's strong numbers for the 2nd quarter of 2025.  Plus one of the victims in Monday's shooting at a popular Reno, Nevada casino has now been identified. 

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BetMGM Strong 2nd Quarter Performance

BetMGM LLC ("BetMGM"), one of the leading sports betting and iGaming operators across North America, jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), is today providing an update on its Second Quarter 2025 ("2Q 2025") and First Half 2025 ("1H 2025") performance.

  •     Strong 2Q and 1H performance as BetMGM's ongoing strategic execution drives strong and profitable growth
  •     2Q Net Revenue up 36% YoY and EBITDA of $86 million (up $78 million YoY)
  •     1H Net Revenue up 35% YoY and EBITDA of $109 million (up $232 million YoY)
  •     Leading iGaming offering and enhanced player engagement delivered 2Q revenues +29% (1H +28%) with strong growth in player volumes and activity
  •     Strong Online Sports performance with 2Q revenues +56% (1H +61%) driven by refined player marketing and management and strengthened product
  •     Upgrade to FY25 guidance and increased confidence in path to $500 million EBITDA in coming years
  •     Expect FY25 Net Revenue of at least $2.7 billion and EBITDA of at least $150 million1

Adam Greenblatt, Chief Executive Officer of BetMGM, commented: "BetMGM has seen a strong first half of the year, delivering significant revenue and EBITDA growth that is underpinned by the ongoing execution of our strategic plan. The momentum we have built since the second half of 2024 accelerated through the first half of 2025. Our iGaming business continues to deliver new records as we showed why BetMGM is the go-to destination for all players, and in Online Sports, our refined player targeting and management capabilities have driven strong engagement and player KPIs across the board. BetMGM is healthier than it has ever been, a testament to the hard work of our teams and colleagues across the business. Our stronger than expected performance through 1H 2025 positions us well for the rest of the year, reinforcing our confidence in the future and the many opportunities ahead."

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Insider Says Emmanuel Clase’s Leave Ruined Guardians’ Deadline Plans

MLB announced, on Monday, that Cleveland Guardians pitcher Emmanuel Clase is being placed on non-disciplinary paid leave because of an ongoing investigation for potentially influencing betting activities.  Teammate Luis Ortiz had previously been flagged for potential violation of the league's gambling policy. 

According to MLB insider Jim Bowden, the Guardians were prepared to trade Clase before the deadline on July 31.

“Emmanuel Clase was going to get traded. This is a huge blow for them because this was going to be an opportunity to reset their organization by using him as trade bait,” Bowden said. 

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Father and Co-Owner of Ventura County Restaurant ID'd as Victim in Shooting Outside Reno Casino

One of the three people killed in a shooting outside a casino in Reno, Nevada has been identified as a father and co-owner of a restaurant in Ventura County.

Andrew Canepa, co-owner of Side Street Café in Newbury Park, died Monday after a gunman opened fire outside the Grand Sierra Resort.

Ventura County Supervisor Jeff Gorell confirmed his death in a post on X.

"Andrew was a kind soul, a dedicated business owner, and a loving father to his young son. Our thoughts and prayers are with his family, friends, and the Side Street Café community during this incredibly difficult time," Gorell said.

The suspect in Monday's shooting has yet to be identified.  

Two people were found dead when law enforcement arrived, and three injured people were taken to the hospital, according to Northern Nevada District Health Officer Dr. Chad Kingsley.

Emmanuel Clase Placed On Leave While MLB Conducts Gambling Investigation

Cleveland Guardians closer Emmanuel Clase on Monday was placed on non-disciplinary paid leave through Aug. 31 as part of Major League Baseball's investigation into sports gambling.  Clase is the second Guardians pitcher to be caught up in the inquiry.

Clase, 27, is a three-time All-Star and two-time winner of the Mariano Rivera Award as the best relief pitcher in the American League. He finished third in AL Cy Young voting last year when he posted a 0.61 ERA over 74⅓ innings. In 47⅓ innings this season, Clase has a 3.23 ERA and has already allowed more hits this year (46) than last (39) while striking out 47 and walking 12.

Guardians right-hander Luis Ortiz remains on non-disciplinary paid leave after originally being placed there July 3 after unusual gambling activity on two pitches he threw for balls, sources told ESPN. Ortiz's leave was later extended to Aug. 31.

In a statement, the Guardians said "no additional players or club personnel are expected to be impacted" by the investigation.

Reno Casino Shooter in Custody: Multiple People Injured 

A suspect is in custody after a shooting at a casino in Reno, Nevada, left multiple people injured on Monday morning, authorities said.

Reno police responded to an active shooter report at Grand Sierra Resort around 7:25 a.m. local time, the department told Fox News Digital.

Within four minutes, authorities said officers located the suspect and a shootout occurred. The suspect was taken to a hospital, according to police, though no update on his condition or identity was immediately available. Police said there was no threat to the public.

The Reno Police Department warned residents to stay out of the area. Multiple emergency vehicles, including several ambulances, were seen outside the casino on Monday. Police haven’t said how many people were injured.

A member of the Reno City Council, Devon Reese, said he was informed by the city manager’s office that there were fatalities reported. He didn’t have additional details.

“My heart breaks for the victims, their families, and our entire community. Reno is strong — but we are not immune to the epidemic of gun violence gripping this nation,” Reese said in a social media post. 

Two people were found dead when law enforcement arrived, and three injured people were taken to the hospital, according to Northern Nevada District Health Officer Dr. Chad Kingsley.

This situation is fluid and Gambling911.com will continue to report new details as they become available. 

Prime Sports Lands in Kentucky

Joe Brennan, Jr announced Monday that Prime Sports is now officially licensed and regulated in the commonwealth of Kentucky.  Prime Sports is one of a handful of North American sportsbooks that offers high limits.  The company will compete with Circa Sports, another sportsbook not shy about limits, in the Blue Grass State. 

Kentucky had been listed as "Coming Soon" for Prime Sports in Kentucky.  The commonwealth first launched regulated sports betting, both retail and online, in September of 2023. 

Prime Sports is currently regulated in New Jersey and Ohio. 

The sportsbook focuses heavily on reduced juice options as well as claiming to offer "the best odds" and "highest deposit limits". 

Prime Sports promises no "sucker" bets. 

"Skewed odds that heavily favor the house are never a good bet. Bet confidently at Prime Sportsbook with fair odds at equally fair prices."

They also proudly welcome sharp bettors. 

For more, check out Prime Sports here

- Chris Costigan, Gambling911.com Publisher 

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