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BetMGM Comes with Exclusive In-App Promotions for Indiana Bettors 50 free spins twin spin.
The BetMGM sports app from MGM Resorts (NYSE:MGM) generated a 5,441% Y/Y increase in the number of bets placed on last weekend’s RBC Heritage golf tournament and a 3,982% Y/Y increase in handle. Betting with the BetMGM sportsbook app lets you engage with your favorite sporting events in real time, giving you the latest betting odds, enhanced offers, and multiple betting formats, from moneyline and point spread bets to parlays and futures.28 February 2020
INDIANAPOLIS, February 27, 2020 – Roar Digital, LLC – the joint venture between MGM Resorts International (NYSE: MGM) and GVC Holdings (LSE: GVC) – announced today that BetMGM, a leading mobile sports betting app, is now accepting wagers throughout Indiana. BetMGM is entering Indiana through a market-access agreement with Boyd Gaming.
“Introducing BetMGM in Indiana is a significant development for Roar Digital and MGM Resorts,” said Scott Butera, President of Interactive Gaming for MGM Resorts. “Indiana has a rich history in professional and amateur sports and a strong fan base. We believe that the sports betting opportunities offered by BetMGM, and access to MGM’s world-class entertainment offerings and resorts, will be wellreceived.”
BetMGM offers unique product features, such as in-app, livestreamed sports events from around the world. In conjunction with today’s launch, Indiana bettors will enjoy promotions only available within Indiana, affording ample opportunity to bet on professional as well as collegiate sports through a variety of pre-match, in-play and player proposition wagers.
“We’re excited to launch BetMGM in a state as passionate about sports as Indiana is and look forward to seeing fans in the state take advantage of our unique in-app offers,” said Adam Greenblatt, Chief Executive Officer, Roar Digital. “Indiana marks an incredibly important expansion for us as we look to solidify our presence in the Midwest and continue to bring BetMGM to new states in the US.”
Indiana is BetMGM’s third U.S. market entry, following New Jersey and West Virginia. Available for download on both iOS and Android and accessible via desktop, BetMGM leverages an exclusive betting engine that allows fans to place bets quickly and with ease. Sports bettors have access to a wide assortment of betting markets on BetMGM, including football, basketball, baseball, hockey, golf, soccer, tennis and combat sports.
For more information on BetMGM, follow @BetMGM on Twitter.# # #About Roar Digital
Roar Digital LLC is a US sports betting and online gaming venture, owned by MGM Resorts International
(NYSE: MGM) and GVC Holdings Plc (LSE: GVC). Based in New Jersey, the venture was established in July 2018 to create a world-class sports betting and online gaming platform in the United States, in order to take advantage of the new regulated sports betting market developing in the US. Utilizing GVC’s U.S.licensed, state-of-the-art proprietary technology platform, Roar Digital offers sports betting and online gaming via market leading brands including BetMGM and partypoker. The venture has exclusive accessto MGM’s U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. For more information visit www.roardigital.com.About MGM Resorts InternationalMgm Resorts Sports Betting App Online
MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 29 unique hotel and destination gaming offerings including some of the most recognizable resort brands in the industry. Expanding throughout the U.S. and around the world, the company recently acquired the operations of Empire City Casino in New York and Hard Rock Rocksino in Ohio, which was rebranded as MGM Northfield Park. In 2018, MGM Resorts opened MGM Springfield in Massachusetts, MGM COTAI in Macau, and the first Bellagio-branded hotel in Shanghai. The over 80,000 global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine’s World’s Most Admired Companies®. For more information visit us at www.mgmresorts.com.
Statements in this release that are not historical facts are ’forward-looking’ statements and ’safe harbor statements’ within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties. Forward-looking statements are based on current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to, statements regarding the future results of BetMGM and its expansion into new jurisdictions. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include effects of economic conditions and market conditions in the United States, risks relating to obtaining any required permits, licenses or approvals and other contingencies in connection with growth in new or existing jurisdictions.
CONTACTS
MGM Resorts Bier haus slot game.
Marc Jacobson
media@mgmresorts.com
Roar Digital
Elisa Richardson
Elisa.richardson@roardigital.com
MGM Resorts International’s MGM BetMGM recently launched its sports betting app in Iowa. The following announcement was made in tandem with Diamond Joe Casino, a high-energy casino in Dubuque’s historic downtown district. The move reflects the company’s intentions to continue expanding presence.
Iowa has joined states like Nevada, New Jersey, Colorado, Indiana, Pennsylvania, Tennessee and West Virginia, in which BetMGM’s mobile app is available. BetMGM CEO Adam Greenblatt said “Our connection with MGM Resorts enables BetMGM users in the Hawkeye State to earn rewards, from hotel suites to dinners at award-winning restaurants, all while engaging in the excitement of our cutting-edge sports betting experience.”Mgm Resorts Sports Betting App Yahoo
Sports betting has been growing rapidly worldwide in recent years on the back of legalization of gambling in the United States by the Supreme Court in 2018 and MGM Resorts has been sparing no effort to tap this opportunity.Sports Betting: A Hot Spot
According to the American Gaming Association, about $150 billion is wagered illegally on sports through the likes of bookies and offshore sites every year. Data Bridge Market Research projects global sports betting market to witness a CAGR of 9.99% in the forecast period of 2020 to 2027. Growth in the gambling market is likely to be driven by increase in smartphone adoption and improving Internet infrastructure globally.
MGM Resorts continues to focus on sports betting expansion. Case in point, MGM Resorts and GVC Holdings announced second round of investment in BetMGM. Together, the parties brought the total investment to $450 million. In the first round, both the companies had invested $200 million. Ever since its launch in 2018, the company has done extremely well and is on track to operate in 11 states by the end of 2020.© Provided by Zacks.com
Shares of MGM Resorts have surged 77.7% in the past six months compared with the industry’s rally of 38.2%. MGM Resorts, which shares space with Wynn Resorts, Limited WYNN, Las Vegas Sands Corp. LVS and Boyd Gaming Corporation BYD, carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Mgm Sports Betting News5 Stocks Set to Double
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