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Entain PLC UNSP/ADR, traded under the symbol GMVHY, is a leading sports betting and iGaming operator. In partnership with MGM Resorts International, Entain operates BetMGM, a premier online gaming platform offering sports betting, major tournament poker, and online gaming experiences. With exclusive access to MGM's U.S. land-based and online sports betting businesses, BetMGM provides users with a diverse array of betting options across various sports and events. Committed to responsible gaming, BetMGM offers resources like GameSense to promote safe and enjoyable wagering experiences. Headquartered in New Jersey, BetMGM continues to expand its market presence and deliver cutting-edge entertainment to its customers.
On August 19, 2021, BetMGM announced a partnership with Liv Hospitality to launch sports betting at Tin Lizzie Gaming Resort and Cadillac Jack's in Deadwood, South Dakota. This follows the approval of the Deadwood Sports Betting Legalization Amendment by voters on November 3, 2020. Pending regulatory approval, BetMGM's mobile app will be available within both resorts, alongside retail sportsbooks featuring kiosks and counter wagering. BetMGM CEO Adam Greenblatt emphasized the partnership's potential to enhance the sports betting experience for local fans.
On August 9, 2021, BetMGM announced partnerships with Gila River Hotels & Casinos and the Arizona Cardinals to expand its sports betting operations in Arizona. The collaboration includes retail sportsbooks at Gila River's three Arizona locations and State Farm Stadium, aiming for a launch in time for the 2022 NFL season. BetMGM’s CEO expressed confidence in delivering a premier sports betting experience, while Gila River's CEO highlighted the synergy with both partners. Responsible gaming remains a key focus as BetMGM continues to grow in new markets.
BetMGM announces a partnership with Cheddar News to launch Cheddar Bets, a weekly program exploring the intersection of sports betting and financial markets. The show, premiering on August 19, will air Thursdays at 4:30 p.m. ET and is set to feature insights from BetMGM's oddsmakers. This collaboration positions BetMGM as the Exclusive Sports Betting Partner of Cheddar News, highlighting their commitment to engaging audiences and expanding their content offerings in the sports betting arena.
On July 28, 2021, BetMGM announced the signing of NFL star Marshawn Lynch as a brand ambassador. Lynch, recognized for his remarkable football career, will participate in various marketing campaigns and fan events. His role includes engaging with BetMGM players and appearing in social media content. Matt Prevost, BetMGM's Chief Revenue Officer, emphasized Lynch's impressive impact on football and his celebrity status as key factors in this partnership. BetMGM continues to prioritize responsible gaming education as it expands its services.
Inspired Entertainment has launched its V-Play Plug & Play™ solution at BetMGM, Borgata, and Party Casino in New Jersey. This offering includes a range of virtual sports such as NFL Alumni football, basketball, and soccer. The partnership aims to enhance player experiences and expand Inspired's market presence. With over 40,000 retail channels and availability in 35 countries, Inspired's virtual sports content is recognized globally. The collaboration promises to attract more players, boosting potential revenue for both companies.
BetMGM has launched its sports betting app in Washington, D.C., in collaboration with the Washington Nationals, becoming the exclusive mobile sports betting app at Nationals Park. As part of a multi-year partnership, BetMGM will also open a retail sportsbook at the stadium. Users must be within a two-block radius of the park to place mobile bets. The app integrates with MGM Resorts' M life Rewards program, allowing fans to redeem gameplay for experiences at MGM properties across the U.S.
Entain, a global sports betting operator, anticipates over 3 million fans across Europe to bet on the delayed 2020 UEFA European Championships, reflecting a significant increase from the 2018 World Cup. UK customers favor France as the tournament favorite, with nearly half backing them to win. The company plans to host most betting activities using in-house technology, providing insights into fan behavior. Notably, over 50% of early bets came from the UK, with France and England leading the betting markets.
BetMGM has signed NHL icon Wayne Gretzky as a brand ambassador in a multi-year deal. This partnership aims to enhance BetMGM's marketing efforts in hockey and across North America. Gretzky, a Hockey Hall of Famer with numerous records, expressed excitement about joining BetMGM as it expands into new markets, including potential growth in Canada. Matt Prevost, Chief Revenue Officer at BetMGM, praised Gretzky's ability to elevate their brand story. BetMGM continues to focus on responsible gaming as its app expands availability.
On May 28, 2021, BetMGM announced a partnership with NYRA Bets, the official online wagering platform of the New York Racing Association. This collaboration aims to enhance the horse racing experience for BetMGM customers, allowing them to watch and wager on over 200 tracks globally. BetMGM will integrate NYRA Bets' technology into its Horse Racing app and desktop platforms, providing access to live streaming, race replays, and major U.S. events like the Kentucky Derby. This partnership highlights BetMGM's commitment to expanding its offerings in the burgeoning sports betting market.
BetMGM has announced the launch of Parlay Builder, a new same-game-parlay product tailored for U.S. sports. This innovative feature offers players extensive betting options across major leagues, including more than 400 bet-types. The product is powered by BetBuilder, developed in collaboration with Betgenius and Sportcast, enhancing user experience and engagement for both serious and casual bettors. BetMGM aims to replicate the success of BetBuilder seen in Europe, positioning itself as a leader in the U.S. sports betting market.