BetMGM Horse Racing Mobile App Launches in Florida and Louisiana

Rhea-AI Summary

BetMGM has launched its Horse Racing mobile app in Florida and Louisiana, expanding its reach to a new customer base in the South. The app allows users to wager on over 200 tracks globally, including prominent venues like Santa Anita Park and Gulfstream Park. Users can enjoy live streaming, race replays, and betting opportunities on major U.S. racing events. The app is available for iOS and Android in Florida, Louisiana, and Ohio. BetMGM emphasizes responsible gaming education as part of its expansion strategy.

Positive

• Launch of the Horse Racing mobile app in Florida and Louisiana to capture new customers.
• Access to over 200 tracks worldwide enhances user engagement and betting options.
• Available on iOS and Android in three states, facilitating broader accessibility.

Negative

• None.

JERSEY CITY, N.J., Dec. 20, 2021 /PRNewswire/ -- BetMGM announced today the launch of the BetMGM Horse Racing mobile app in Florida and Louisiana. BetMGM Horse Racing is now live in three states and allows users to watch-and-wager on premier Thoroughbred, Harness and Quarter Horse races at more than 200 tracks around the world. These tracks include Santa Anita Park, Gulfstream Park and Aqueduct Racetrack.

"Today's launch in Florida and Louisiana sets the stage for BetMGM to engage with a new customer base in the South," said BetMGM CEO Adam Greenblatt. "The BetMGM Horse Racing app is a key part of our market expansion plans and will accelerate our continued growth into 2022."

NYRA Bets is the official online wagering platform of the New York Racing Association, Inc. (NYRA) and a leading provider of horse racing content in the U.S. Utilizing NYRA Bets' capabilities, the BetMGM Horse Racing app allows customers to place bets conveniently from home.

The app features daily horse racing content, live streaming video, race replays and wagering opportunities on marquee events in the U.S. such as the Preakness Stakes, Belmont Stakes, the summer meet at Saratoga Race Course, Pegasus World Cup, and the Breeders' Cup World Championships. Additionally, users can access a live stream of races from international events like Royal Ascot, Prix de l'Arc de Triomphe, Melbourne Cup and The Grand National.

The BetMGM Horse Racing app is now available for download in Florida, Louisiana and Ohio on both iOS and Android devices. As BetMGM continues to expand to new areas, responsible gaming education remains a key focus. BetMGM is proud to provide resources to help customers play responsibly. For more information on BetMGM, follow @BetMGM on Twitter.

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 Resorts' 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 http://www.betmgminc.com/.

About NYRA BETS, LLC (NYRA Bets)
NYRA Bets, LLC (NYRA Bets) is the official advance deposit wagering (ADW) platform of the New York Racing Association, Inc. (NYRA). Launched as a national ADW in 2016 and currently available to customers in more than 30 states, NYRA Bets provides fans the opportunity to wager on tracks worldwide from anywhere at any time. The NYRA Bets app is available for download today on iOS and Android at NYRABets.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, including BetMGM's ability to grow in new or existing jurisdictions. Management has based forward-looking statements on current expectations and assumptions and not on historical facts. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include the effects of economic and market conditions in the jurisdictions in which BetMGM operates, competition with other iGaming and sports betting platforms, the timing and costs of expanding in new jurisdictions as well as obtaining and maintaining the required permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions. In providing forward-looking statements, BetMGM is not 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 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. 

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SOURCE BetMGM

FAQ

What states is the BetMGM Horse Racing mobile app available in?

The BetMGM Horse Racing mobile app is available in Florida, Louisiana, and Ohio.

What features does the BetMGM Horse Racing app offer?

The app offers live streaming, race replays, and wagering opportunities on over 200 tracks globally.

When was the BetMGM Horse Racing mobile app launched?

The app was launched on December 20, 2021.

What types of horse races can be wagered on through the app?

Users can wager on Thoroughbred, Harness, and Quarter Horse races.

How does the BetMGM Horse Racing app support responsible gaming?

BetMGM provides resources and education to promote responsible gaming as part of its expansion.