BetMGM Sports Betting App
Leads Industry with Only Seamless Nationwide Access for Nevada
Bettors
Single digital wallet
eliminates the need to complete multiple
registrations
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LAS
VEGAS (August 22, 2024) -
BetMGM, a
leading iGaming and sports betting company, is setting a new
industry standard by becoming the first sports betting app to offer
Nevada bettors seamless, nationwide connectivity through a single,
digital wallet. Through its operation and partnership with MGM
Resorts International and powered by Entain's technology, this
innovative feature makes BetMGM the only legalized sports betting
app to allow Nevada residents and visitors to wager in the state
and carry their funds to BetMGM mobile markets
nationwide.
"We're proud to lead the charge in
Nevada with a single account and wallet that simplifies and
elevates the betting experience," said Adam Greenblatt, BetMGM CEO.
"Our players can now immerse themselves in the excitement of MGM
Resorts' Las Vegas destinations or statewide while seamlessly
continuing to place wagers in other BetMGM markets."
The convenience of BetMGM's single
account and wallet feature allows the user to sign up once in-
person at an MGM Resorts property in Nevada and then enjoy the
enhanced sports betting app across all U.S. BetMGM mobile
markets. New Nevada customers can sign up
by downloading the mobile app, completing the verification steps,
and visiting one of BetMGM's nine retail sportsbooks including
Bellagio, ARIA, The Cosmopolitan of Las Vegas, MGM Grand, Park MGM,
Mandalay Bay, New York-New York, Luxor or Excalibur to complete
their registration. When traveling to
another jurisdiction, users will receive a pop-up message
upon opening the app allowing them to switch to
their account within the BetMGM market where they are currently
located. Customers also can manually select their market within the
app's account tab to view their account for that state.
In February, BetMGM introduced a
newly designed mobile sports betting app in Nevada that features an
increased variety of Entain's Angstrom-powered prop and parlay
offerings along with digital deposits and withdrawals.
Several new product enhancements also are expected
to elevate the BetMGM experience for the start of the 2024
professional football season.
New Nevada customers can download
the BetMGM app and receive a first bet offer of up to $250 paid
back in bonus bets (offer only available in Nevada). Bonus bets are
non-withdrawable and expire in seven (7) days. Existing users can
check the promotions tab in their app for incentives such as parlay
boost tokens, odds boosts and other available offers. Players also
can earn BetMGM Rewards Points and Tier Credits by playing on
BetMGM Sportsbook which are redeemable for digital bonuses and MGM
Rewards Points.
BetMGM currently operates in 29
markets across North America with mobile and retail
offerings. The BetMGM Sportsbook app is
accessible on both iOS and Android.
As BetMGM continues to expand to new
markets, responsible gambling education remains a key focus. BetMGM
is proud to provide resources to help customers play responsibly
including GameSense, an industry-leading program, developed and
licensed to MGM Resorts by the British Columbia Lottery
Corporation. Through the integration within BetMGM's mobile and
desktop platforms, customers can receive the same GameSense
experience they have grown to rely on at MGM Resorts properties
nationwide. This complements BetMGM's already existing responsible
gambling tools which serve to provide customers with an
entertaining and safe digital experience.
For more information, follow
@BetMGM on
X.
Disclaimer
See BetMGM.com for Terms. 21+ only.
NV Only. Subject to eligibility requirements. Bonus bets are
non-withdrawable. Gambling Problem? Call
1-800-GAMBLER.
About
BetMGM
BetMGM is a market-leading sports
betting and gaming entertainment company, pioneering the online
gaming industry. Born out of a partnership between MGM Resorts
International (NYSE:
MGM) and Entain Plc (LSE: ENT), BetMGM
has exclusive access to all of MGM's U.S. land-based and online
sports betting, major tournament poker, and online gaming
businesses. Utilizing Entain's U.S.-licensed, state-of-the-art
technology, BetMGM offers sports betting and online gaming via
market-leading brands including BetMGM, Borgata Casino, Party
Casino and Party Poker. Founded in 2018, BetMGM is headquartered in
New Jersey. For more information, visit
https://sports.betmgm.com/en/blog/.
Forward-Looking
Statement
Statements in this release that are
not historical facts are forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995, as
amended, which involve substantial risks and/or uncertainties,
including those described in MGM Resorts International's public
filings with the Securities and Exchange Commission.
Forward-looking statements can be identified by the use of
forward-looking terminology such as "believes," "expects," "could,"
"may," "will," "should," "seeks," "likely," "intends," "plans,"
"pro forma," "projects," "estimates" or "anticipates" or the
negative of these words and phrases or similar words or phrases
that are predictions of or indicate future events or trends and
that do not relate solely to historical matters. BetMGM has based
forward-looking statements on management's current expectations,
assumptions and projections about future events and trends.
Examples of these statements include, but are not limited to,
BetMGM's expectations regarding launch of the new BetMGM app
in Nevada and new enhancements available in the app such
as single, digital wallet, expanded pre-game and in-game options,
digital deposits and withdrawals, BetMGM rewards integration, and
same-game parlay+. These forward-looking statements are not
guarantees of future performance, conditions or results, and
involve a number of known and unknown risks, uncertainties,
assumptions and other important factors, that could cause actual
results or outcomes to differ materially from those discussed in
the forward-looking statements. Included among the important
factors that could cause actual results to differ materially from
those indicated in such forward-looking statements are: risks
related to the effects of economic conditions and market conditions
in the markets in which BetMGM operates, the significant
competition within the gaming and entertainment industry; risks
that launch of the app does not occur or does not occur in the
manner described herein; BetMGM's ability to execute on its
business plan; changes in applicable laws or regulations,
particularly with respect to iGaming and online
sports betting; BetMGM's ability to manage growth and access
the capital needed to support its growth plans; BetMGM's ability to
obtain the required licenses, permits and other approvals necessary
to grow in existing and new jurisdictions, and additional risks and
uncertainties described in MGM Resorts International's Form 10-K,
Form 10-Q and Form 8-K reports (including all amendments to those
reports). In providing forward-looking statements, neither MGM
Resorts International nor BetMGM is undertaking any duty or
obligation to update these statements publicly as a result of new
information, future events or otherwise, except as required by law.
If MGM Resorts International or BetMGM updates one or more
forward-looking statements, no inference should be drawn that it
will make additional updates with respect to those other
forward-looking statements.
MEDIA
CONTACTS:
BetMGM
Jennifer
Arapoff
Jennifer.Arapoff@betmgm.com
Robert Flicker
BetMGM@kirvindoak.com
About Entain
plc
Entain plc (LSE: ENT) is a FTSE100
company and is one of the world's largest sports betting and gaming
groups, operating both online and in the retail sector. The Group
owns a comprehensive portfolio of established brands; Sports brands
include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds,
Sportingbet, Sports Interaction, STS and SuperSport; Gaming brands
include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet,
Partypoker and PartyCasino. The group operates the TAB NZ brand as
part of a long-term strategic partnership with TAB New Zealand. The
Group owns proprietary technology across all its core product
verticals and in addition to its B2C operations provides services
to a number of third-party customers on a B2B basis.
The Group has a 50/50 joint venture, BetMGM, a leader in sports
betting and iGaming in the US. Entain provides the technology and
capabilities which power BetMGM as well as exclusive games and
products, specially developed at its in-house gaming studios. The
Group is tax resident in the UK and is the only global operator to
exclusively operate in domestically regulated or regulating markets
operating in over 30 territories.
Entain is a leader in ESG, a member of FTSE4Good, the DJSI and is
AA rated by MSCI. For more information see the Group's website:
www.entaingroup.com.
About MGM Resorts
International
MGM Resorts International (NYSE:
MGM) is an S&P 500® global gaming and 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 31 unique hotel and gaming destinations
globally, including some of the most recognizable resort brands in
the industry. The Company's 50/50 venture, BetMGM, LLC, offers
sports betting and online gaming in North America through
market-leading brands, including BetMGM and partypoker, and the
Company's subsidiary, LV Lion Holding Limited, offers sports
betting and online gaming through market-leading brands in several
jurisdictions throughout Europe. The Company is currently pursuing
targeted expansion in Asia through the integrated resort
opportunity in Japan. Through its "Focused on What Matters:
Embracing Humanity and Protecting the Planet" philosophy, MGM
Resorts commits to creating a more sustainable future, while
striving to make a bigger difference in the lives of its employees,
guests, and in the communities where it operates. The 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, please visit us at
www.mgmresorts.com. Please also connect
with us @MGMResortsIntl on Twitter as well as Facebook and
Instagram.