Titan Company Limited Recommends Dividend for FY 2025, Subject to Shareholder Approval.

Titan Company Limited's board of directors has recommended a dividend of INR 11 per share for the FY ended March 31, 2025. The dividend is subject to approval by shareholders at the AGM and will be payable on or after July 25, 2025. The record date for determining shareholder entitlement to the dividend is July 8, 2025.

BetMGM, a joint venture between Entain and MGM Resorts, has revised its financial outlook for the fiscal year 2025, reflecting robust growth in online sports betting and iGaming. The company now expects net revenue of at least $2.6 billion, up from its previous range of $2.4 billion to $2.5 billion [1]. This upward revision follows a 34% year-on-year increase in net revenue during the first quarter of 2025, which has been sustained through mid-June.

BetMGM has also raised its earnings forecast, projecting a minimum EBITDA of $100 million. This is a significant improvement from its previous expectation of break-even by year-end. The operator attributes this performance to strong contributions from online sports betting and iGaming, with the latter continuing to deliver substantial returns.

The revised outlook underscores confidence in BetMGM’s strategy and operational performance. The company’s partnership with UK-based Push Gaming, which includes exclusive titles like Bellagio Diamonds and MGM Grand Gamble, and its agreement with Century Casinos to launch a sportsbook in Missouri, further bolster its growth prospects.

The detailed update on BetMGM’s half-year results and forward guidance is expected on July 29, 2025. Investors are advised to closely monitor these developments for further insights into the company’s financial health and growth trajectory.

References:
[1] https://www.gamblinginsider.com/news/29847/betmgm-raises-fy-2025-revenue-guidance-to-26bn-amid-34-growth-momentum