Entain Plc · LSE:ENT
Entain — BetMGM — FY2024 Earnings Presentation
20 slides from Entain's earnings presentation, Feb 4, 2025
Slide 1: BetMGM Business Update
©) BETMGM BUSINESS UPDATE February 4'*, 2025
Slide 2: Disclaimer
Disclaimer This document does not constitute an offer to sell, or a solicitation of an offer to purchase, any securities in any jurisdiction where such offer or sale is not permitted. Any securities referred to herein, if any, have not been, and will not be, registered under the Securities Act of 19
Slide 3: Agenda
Agenda Adam Greenblatt
Slide 4: Strategy & Performance
Strategy & Performance iGaming Online Sports Omnichannel • • • • •
Slide 5: Strategy & Performance
Strategy & Performance iGaming Online Sports Omnichannel
Slide 6: Strategy & Performance
Strategy & Performance iGaming Online Sports Omnichannel • • • • •
Slide 7: Strategy & Performance
Strategy & Performance iGaming Online Sports Omnichannel
Slide 8: Strategy & Performance
Strategy & Performance iGaming Online Sports Omnichannel
Slide 9: Strategy & Performance
Strategy & Performance iGaming Online Sports Omnichannel
Slide 10: Agenda
Agenda Gary Deutsch
Slide 11: 2024 Highlights, 2024 P&L Summary, Guidance
2024 Highlights 2024 P&L Summary Guidance
Slide 12: 2024 Highlights
2024 Highlights 2024 P&L Summary Guidance • • • • •
Slide 13: 2024 Highlights, 2024 P&L Summary, Guidance
2024 Highlights 2024 P&L Summary Guidance
Slide 14: 2024 year of investment rebuilt momentum in underlying BetMGM business
2024 year of investment rebuilt momentum in underlying BetMGM business iGaming business delivers >$400 million of Contribution ‘today... and growing Performance inflection in Online Sports strategy during 2024 resulted in clear performance improvements with path to positive Contribution in 2025 Tren
Slide 15: Questions & Answers
Re) 5ETMGM QUESTIONS & ANSWERS
Slide 16: Appendix
Re) BETMGM APPENDIX
Slide 17: BetMGM Quarterly Net Revenue Summary
BetMGM Quarterly Net Revenue Summary BetMGM 2024 Quarterly Net Revenue Summary $’s in millions 10 20 30 40 2024 Total Net Revenue ‘2 489 510 544 560 2,102 % YoY growth 3% 9% 19% we can iGaming 348 347 376 408 1,479 % YoY growth 13% 7% 14% on Be Online Sports 16 146 148 144 554 % YoY growth (8%) 18%
Slide 18: BetMGM Estimated GGR Share by Product (U.S. and Canada)
BetMGM Estimated GGR Share by Product (U.S. and Canada) Estimated GGR Market Share (Online Sports and iGaming) 30% Total GGR share nearly 2X os94 TOT mmm eee that of next ranked competitor 7m. 4 ~-.4 woe ne L_pe wae ------ -- 20% 15% ne 10% 5% 0% a Q2 03 a4 a Q 03 a4 2023 2024 BetMGM OSBGGR Share ==
Slide 19: BetMGM Estimated NGR Share (U.S. and Canada)
BetMGM Estimated NGR Share (U.S. and Canada) 40% 35% 30% 25% 20% 15% OOO 184 Estimated NGR Market Share By Operator! (Online Sports and iGaming) 10% 5% 0% a Q2 03 4 a Q2 03 5 2023 2024 —Competitor1 ——Competitor2 exeBetMGM —Competitor3 —Competitor4 —Competitor5 33% 30% j)8eT™co , Estimated total Nort
Slide 20: BetMGM – Believe in Your Game
BETMGM BELIEVE IN YOUR GAME