Academy and GRAMMY Award-winner's character acting is centerpiece of new series showcasing how BetMGM "treats you right"
JERSEY CITY, N.J., Sept. 3, 2024 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, is premiering a new football season television commercial series featuring Jamie Foxx. Throughout the entertaining campaign, Foxx displays his comedic range with several character impersonations showcasing BetMGM's brand DNA: born in Las Vegas, rooted in hospitality and entertainment, and focused on treating its customers right. Filmed in Los Angeles and directed by Brian Billow, the new spots will air nationwide in prime time and continue to run on multiple platforms throughout the upcoming season.
Companies also announce expansion of partnerships promoting responsible gaming & consumer education
LAS VEGAS, Aug. 30, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") and BetMGM announced today that they are once again partnering with the American Gaming Association (AGA) to promote Responsible Gaming Education Month (RGEM 2024) in September. The two companies will execute their responsible gaming campaign at designated National Football League (NFL) stadiums for the second year, with increased exposure for GameSense®, GameSense is an industry-leading responsible gaming program first developed and licensed to MGM Resorts in 2017 by the British Columbia Lottery Corporation (BCLC). The program focuses on positive, transparent, and proactive engagements with guests and customers about how to gamble responsibly. With this development, GameSense marketing will appear more often and in more prominent venue locations during each game.
Single digital wallet eliminates the need to complete multiple registrations
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LAS VEGAS, Aug. 22, 2024 /PRNewswire/ -- 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.
LAS VEGAS, July 22, 2024 /PRNewswire/ -- BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), will release an update on BetMGM's 1H 2024 performance at 8:30 a.m. Eastern Time (1:30pm UK) on Monday, July 29, 2024.
Upcoming datesJuly 31: MGM Resorts International 2Q 2024 ResultsAugust 8: Entain Group 1H 2024 Results
About BetMGMBetMGM 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 North America-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 http://www.betmgminc.com/.
Operator to continue community investment throughout the DMV
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WASHINGTON, July 17, 2024 /PRNewswire/ -- BetMGM, a leading iGaming and sports betting operator, today launched mobile sports betting operations across Washington, D.C. Previously accessible within only a two-block radius of the sportsbook's location at Nationals Park, sports fans district-wide now have access to the BetMGM sports wagering experience along with rewards tied to both MGM Resorts and Marriott Bonvoy destinations.
Top social media influencer joins BetMGM as Official Ambassador
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JERSEY CITY, N.J., June 19, 2024 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, announced today an exclusive partnership with Brian Christopher Slots that will make Brian Christopher, the top social media influencer for slots and casinos, a BetMGM brand ambassador. BetMGM will showcase Brian Christopher in live streams across social media channels featuring its online casino platforms as well as in future marketing campaigns.
Episodes to feature iconic game show's first-ever nightly progressive jackpot tied to Bonus Round prizing
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JERSEY CITY, N.J., May 17, 2024 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, will celebrate Wheel of Fortune's 8,000th episode during the legendary game show's "Big Money Week" scheduled to air May 20-24. For the first time in the history of the wildly successful syndicated game show, there will be a Nightly Progressive Jackpot sponsored by BetMGM that will be added to whatever a contestant wins if they solve the show's Bonus Puzzle.
Partnership with Charlotte Motor Speedway to enhance race day experience
JERSEY CITY, N.J., March 11, 2024 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, today is among the first to introduce mobile sports betting in North Carolina, giving customers in the Tar Heel state access to a wide variety of betting options as well as the opportunity to earn experiences at MGM Resorts' properties nationwide.
Ad to appear on broadcast and digital platforms throughout North America
JERSEY CITY, N.J., March 8, 2024 /CNW/ -- BetMGM, a leading sports betting and iGaming operator, today launched a new 30-second spot that features reigning National Hockey League (NHL) Most Valuable Player (MVP) Connor McDavid and focuses on BetMGM's collection of responsible gaming tools.
McDavid shared the ad in an Instagram post this morning, noting that the message is "all about being responsible if you choose to bet – staying in control and not getting carried away. That's super important to me. And I really hope it's advice that everyone follows."
Ad to appear on broadcast and digital platforms throughout North America
JERSEY CITY, N.J., March 8, 2024 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, today launched a new 30-second spot that features reigning National Hockey League (NHL) Most Valuable Player (MVP) Connor McDavid and focuses on BetMGM's collection of responsible gaming tools.
McDavid shared the ad in an Instagram post this morning, noting that the message is "all about being responsible if you choose to bet – staying in control and not getting carried away. That's super important to me. And I really hope it's advice that everyone follows."
Unprecedented connection between social media and sports betting integrates BetMGM exclusively into major social media platform
JERSEY CITY, N.J., Feb. 9, 2024 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, today announced a strategic partnership with X, becoming the social media platform's exclusive Live Odds Sports Betting partner. The first-of-its-kind partnership between a premier social media brand and a sports betting operator will integrate BetMGM's odds and branding into X, with each game linking to BetMGM's website and app.
Positive EBITDA in the Second Half of 2023
LAS VEGAS, Feb. 8, 2024 /PRNewswire/ -- BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") is today providing an update on performance for FY 2023.
BetMGM delivered a strong FY 2023 financial performance (based on unaudited results)Net revenue from operations grew 36% year over year to $1.96 billion1, at the upper-end of $1.8-$2.0 billion guidance range2Same-state growth in net revenue from digital operations of 14%Key metrics across both iGaming and Online Sports Betting improved year over year, including average monthly actives, FTDs, hold percentages, bonus levels, NGR per active, and CPAs3EBITDA positive in the second half of 2023 with expected FY 2023 EBITDA loss of approximately $67 million4Established as a leading operator across North America, live in 28 markets with access to 49% of adult population5Four new markets launched during the year: Ohio (online and retail), Massachusetts (online and retail), Puerto Rico (online) and Kentucky (online and retail)14% market share in Sports Betting and iGaming in the U.S. and 22% in Ontario6 Secured market access with Charlotte Motor Speedway ahead of expected March 2024 launch of newly legalised sports betting market in North Carolina, pending regulatory approvalFurther operational progress supported by technology, product and capability enhancements, positions BetMGM to drive growth going forwardSeamless execution of single account single wallet across 21 markets ahead of the 2023 NFL seasonEnhanced sports betting experience with improved speed7, broader market coverage and new differentiated bet typesNew in-house and exclusive games, including Dual Play Roulette, as well as largest progressive jackpots underpinning market leading iGaming offeringDecember 4th BetMGM business update set out strategic roadmap to drive growth in 2024Expanding the depth and breadth of our sports offering by leveraging Angstrom's sophisticated modelling to support innovative and original products, including player-popular Same Game Parlay ("SGP"), SGP+ and new LIVE SGP productsContinue to deliver market-leading and engaging gaming experiences that are more personalized and differentiated, including exclusive and MGM-branded contentIncreasingly investing in marketing and player acquisition as sports product and player retention continue to improveUnlocking BetMGM's unique omnichannel advantages, particularly in Las Vegas, NevadaLaunched new improved app in January with single wallet functionality expected later in 2024Leveraging Las Vegas sports teams and tentpole events, for example BetMGM's first Big Game commercial featuring Tom Brady, Wayne Gretzky and Vince Vaughn Reiterating guidance from December 2023 business update of targeting approximately $500 million of EBITDA in 2026Recognized as Digital Operator of the Year by Global Gaming Awards, Online Casino of the Year by American Gambling Awards, and Casino Operator of the Year by EGR North America and SBC Awards North America.Ongoing commitment to industry leadership in player safety and responsible gamingSecured five-year extension with GameSense program, providing player tools and capabilities to play responsiblyPartnered with nine NFL teams to promote responsible gambling in stadiums during gamesPiloted the first of its kind program with Kindbridge Health to evaluate efficacy of offering self-excluded individuals' referrals for problem gambling treatments
Advanced In-Game Betting, Expanded Prop Markets and Rewards Connectivity Headline New Ways to Play
LAS VEGAS, Feb. 5, 2024 /PRNewswire/ -- BetMGM's newly designed mobile sports betting app is now live in Las Vegas, the Sports and Entertainment Capital of the World. Powered by Entain, the newly designed BetMGM Nevada app offers sports fans significant enhancements to the mobile sports betting experience including an exponential increase in prop and parlay wager options, live streaming capabilities, digital deposits and withdrawals.
Teasers now live on social channels as part of BetMGM's broader Las Vegas-centric campaign
LAS VEGAS, Jan. 18, 2024 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, debuted the first of a three-part, star-studded teaser campaign this morning, promoting the company's first-ever Big Game television spot. Featuring the never-before-seen pairing of Tom Brady and Wayne Gretzky, along with actor Vince Vaughn, the upcoming series marks a monumental moment for BetMGM.
Tickets on Sale Friday, January 12 Exclusively on BetMGM App
LAS VEGAS, Jan. 10, 2024 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, will expand its array of festivities for the Big Game weekend with the BetMGM Big Game Bash concert, headlined by Luke Combs. The concert will be hosted at The Chelsea at The Cosmopolitan of Las Vegas Saturday, February 10.
"I'm excited to be teaming up with iHeart for BetMGM's Big Game Bash. It's going to be a whole lot of fun," said Combs.
Expanded partnership to feature League and team-branded casino games, VIP fan experiences, and sponsored branding in national broadcasts
JERSEY CITY, N.J. and NEW YORK, Dec. 19, 2023 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, and the National Hockey League (NHL®) today announced a multi-year North American partnership extension. BetMGM continues as an Official Sports Betting and Gaming Partner and will create specialized VIP fan experiences, utilize NHL imagery to design team and League-branded casino games, and be featured during nationally televised broadcasts.
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