0741 GMT - BetMGM's guidance toward the lower end of the range suggest a deterioration of conditions in the U.S., Berenberg analysts Jack Cummings and Luka Trnovsek write in a note. The sports-betting company, co-owned by MGM Resorts International and Entain, said it was on track to meet its 2026 expectations but toward the lower end of the previously guided ranges. BetMGM's second-quarter results were softer than anticipated, they say. However, the business continues to grow revenue, remains profitable and generate cash for the parent companies, they add. Entain shares are down 1.2% at 5.44 pounds.