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BetMGM Launches BetMGM Casino in West Virginia

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BetMGM, a joint venture between MGM Resorts and GVC Holdings, has launched BetMGM Casino in West Virginia, featuring the widest range of online casino games in the state. The platform offers 30 games, including unique progressive jackpot slots, integrated within the existing BetMGM Sports mobile app. CEO Adam Greenblatt emphasized its competitive edge in delivering a comprehensive gaming experience. BetMGM Casino is already operational in New Jersey and plans to expand to Pennsylvania and Michigan pending regulatory approvals.

Positive
  • Launch of BetMGM Casino expands product offerings in West Virginia, enhancing market presence.
  • Includes unique casino games like the only online progressive jackpot games in the state.
  • Integration with existing BetMGM Sports app provides a comprehensive user experience.
Negative
  • Expansion into new jurisdictions like Pennsylvania and Michigan is subject to regulatory approvals, which may delay growth.

WHITE SULPHUR SPRINGS, W.Va., Aug. 27, 2020 /PRNewswire/ -- BetMGM, the company owned jointly by MGM Resorts (NYSE: MGM) and GVC Holdings (LSE: GVC), announced the launch of BetMGM Casino in West Virginia today, delivering the widest range of online casino games currently available in the Mountain State.

BetMGM Casino will launch with 30 games ranging from best-in-class Blackjack and Roulette games to a host of slots, including West Virginia's only online progressive jackpot-linked games with the potential for huge payouts with every spin. The new casino product will be presented as a dedicated tab within the BetMGM Sports West Virginia mobile app, complementing BetMGM's market-leading sports betting product with an interactive and comprehensive online casino experience. 

"The addition of the leading iGaming offering in West Virginia is a powerful differentiator for BetMGM," said Adam Greenblatt, CEO of BetMGM. "With the largest slate of casino games in the state, we're confident that our superior offering will quickly become the online gaming destination of choice for players."

Available for download on both iOS and Android, as well as accessible via desktop, BetMGM Casino features an extensive game line-up that includes the popular jackpot slot title 'MGM Grand Millions' which utilizes Las Vegas icons for its reel symbols. The slots suite of games also features an exciting free spin module and branded table games.

BetMGM Casino operates in conjunction with The Greenbrier, the mountain luxury resort synonymous with world-class hospitality in West Virginia. BetMGM Casino is also available in New Jersey and will be available in Pennsylvania and Michigan in the coming months, subject to obtaining regulatory approvals.

For more information on BetMGM, follow @BetMGM on Twitter.

About BetMGM
BetMGM is a market leading sports betting and gaming platform created by the joint venture between MGM Resorts International (NYSE: MGM) and GVC Holdings Plc (LSE: GVC). Based in New Jersey, the company 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 opportunities created by the U.S. Supreme Court's decision to overturn the U.S. federal Professional and Amateur Sports Protection Act (PASPA). Utilizing GVC's US-licensed, state-of-the-art proprietary technology platform, BetMGM offers sports betting and online gaming via market leading brands including BetMGM and partypoker. The company has exclusive access to MGM Resort'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 INTERNATIONAL
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 in the United States and Macau, including some of the most recognizable resort brands in the industry such as Bellagio, MGM Grand, ARIA and Park MGM. The Company's 50/50 venture, BetMGM, LLC, offers U.S. sports betting and online gaming through market-leading brands, including BetMGM and partypoker. 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" initiative, 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.

About GVC Holdings
GVC Holdings PLC 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 bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds and Sportingbet; Games Brands include CasinoClub, Foxy Bingo, Gala, Gioco Digitale, partypoker and PartyCasino. The Group owns proprietary technology across all of 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 also entered into a joint-venture with MGM Resorts to capitalise on the sports-betting and gaming opportunity in the US. The Group, incorporated in the Isle of Man, is a constituent of the FTSE 250 index and has licenses in more than 20 countries, across five continents. For more information see the Group's website: www.gvc-plc.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 expand 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.

MEDIA CONTACTS:

BetMGM
Elisa Richardson
press@betmgm.com

MGM Resorts
Marc Jacobson
mjacobson@mgmresorts.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/betmgm-launches-betmgm-casino-in-west-virginia-301119729.html

SOURCE MGM Resorts International

FAQ

What is the significance of the BetMGM Casino launch in West Virginia?

The launch enhances BetMGM's competitive position by offering the widest range of online casino games in West Virginia.

How many games are available at BetMGM Casino?

BetMGM Casino offers 30 games, including blackjack, roulette, and unique progressive jackpot slots.

In which states is BetMGM Casino currently available?

BetMGM Casino is available in West Virginia and New Jersey, with plans to expand to Pennsylvania and Michigan.

What are the notable features of BetMGM Casino?

Notable features include the only online progressive jackpot-linked games and a comprehensive gaming experience integrated with the BetMGM Sports app.

Who is the CEO of BetMGM?

The CEO of BetMGM is Adam Greenblatt.

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