BetMGM Archives

BetMGM News

BetMGM emerged in 2018 as a joint venture between MGM Resorts International and European online gambling operator GVC, which later became Entain. MGM had already been offering online casino gaming in New Jersey since 2013 but recognized that the rapid expansion of the US market and the addition of sports betting required better technology and an experienced partner.

The new BetMGM brand quickly established itself as the frontrunner in the online casino space and a top-tier brand in sports betting. Since then, competition from DraftKings and FanDuel has grown intense. BetMGM products are available in almost every regulated state, including the NJ, PA, MI, and WV online casino markets.

One of the big questions surrounding BetMGM is what the endpoint will be for the joint venture. MGM has tried unsuccessfully to acquire Entain, but a public spinoff for the online brand is another option.

NYSE: MGM MGM Resorts International 33,14 -0,27%
LON: ENT Entain PLC 748,60 -0,69%

Latest articles

betmgm and gannett have announced a partnership to make betmgm the preferred online casino and sportsbook provider across usa today networks.

BetMGM Signs Online Casino and Sportsbook Media Partnership With USA TODAY

September 17, 2024 | By: Robyn McNeil

BetMGM

BetMGM and Gannett Co., Inc. have announced a multi-year strategic partnership to make BetMGM the preferred online casino and sportsbook provider for USA TODAY Sports. Under the agreement, BetMGM will also provide sports betting odds and betting information across the USA TODAY Network. USA TODAY’s expansive footprint extends to over 200 local US markets across […]

BetMGM's Kickoff With The Stars provides players with an opportunity to play Evolution live dealer Infinite Blackjack with former NY Jets players Wayne Chrebet and Tony Richardson.

BetMGM NJ to Host Live Dealer Blackjack Event With NFL Legends Chrebet & Richardson

August 29, 2024 | By: Alex Weldon

New York Jets fans living in New Jersey are in for a treat next Thursday, assuming they also like to play live dealer blackjack and have accounts at BetMGM Casino. On September 5, BetMGM is holding a special one-off live dealer event in which NFL stars Wayne Chrebet and Tony Richardson will host an Infinite Blackjack table and interact with players. […]

A BetMGM Casino jackpot awarded a New Jerseyan $6.5 million.

$200 Bet Wins $6.45M Online Casino Jackpot for New Jersey BetMGM Casino Player

August 21, 2024 | By: Heather Fletcher

For one BetMGM Casino player in New Jersey, a $200 bet became a $6.45 million win on Aug. 19. The huge jackpot that BetMGM is calling “the largest” in the history of US iGaming may change perceptions among Americans about potential prizes in the online space. Traditionally, land-based casinos have owned the “wow” factor for […]

Oliver Bartlett, BetMGM’s Vice President of Gaming Product & Content, talks about MGM Bonus City.

BetMGM’s Bartlett Talks About ‘MGM Bonus City’ Launching in Michigan, Live Dealer, More

August 16, 2024 | By: Heather Fletcher

One of the secrets to BetMGM‘s success is its brand recognition. Commercial casino giant MGM Resorts International is one of the online gambling brand’s owners. So when MGM Bonus City entered New Jersey in October 2023, it was logical that 10 months later, the hybrid live dealer game launched in another state — Michigan. Oliver […]

mgm and entain shares took a beating this week after betmgm reported a $123 million loss and said it expects similar for the rest of 2024.

MGM, Entain Shares Plunge on News of BetMGM’s $123M H1 Loss

August 2, 2024 | By: Robyn McNeil

BetMGM

MGM Resorts International (MGM) and Entain share prices dropped sharply this week after BetMGM reported an H1 loss of $123 million and said it expects similar results in the second half of 2024. The 50/50 MGM/Entain joint venture also adjusted its $500 million 2026 EBITDA target to “the coming years.” BetMGM’s stated goal of achieving […]

The Greenbrier Hotel is up for auction on Aug. 27

FanDuel, DraftKings, BetMGM May Be Watching West Virginia Greenbrier Hotel Auction

August 1, 2024 | By: Heather Fletcher

The Big Three online casino operators — FanDuel, DraftKings, and BetMGM — may be closely watching the Aug. 27 auction of Greenbrier Hotel in West Virginia. That’s because the operators’s brands are on the gambling license of Gov. Jim Justice‘s property, which is in foreclosure. However, the casino may not be part of the auction. […]

lightning storm, evolution's newest and most complex live dealer game, is now exclusively available in ontario at betmgm casino.

Lightning Storm: Evolution’s Latest Game Show Launches First in North America With BetMGM

July 26, 2024 | By: Robyn McNeil

Lightning Storm, the latest live dealer game show from Evolution, is now available in Ontario, Canada, via an exclusive partnership with BetMGM Casino—a partnership that bodes well for the odds of an eventual US launch. Through the deal, BetMGM’s Ontario players can experience Evolution’s newest “high-voltage game show” featuring five new “never seen before” bonus […]

The FTC's investigation of MGM may become a partisan issue as House Republicans added a budget provision aimed at forcing the FTC to back down.

Federal Trade Commission’s Pursuit of MGM Resorts International May Become a Partisan Political Issue

July 26, 2024 | By: Alex Weldon

BetMGM

Federal Republican lawmakers have attached conditions to the Federal Trade Commission’s (FTC) funding that would make it impossible to continue its investigation of MGM Resorts International. The FTC has been seeking to investigate MGM for potential compliance failures related to its handling of customer data during last year’s cyberattacks. Their Democrat peers on the House Appropriations Committee proposed […]

New Entain CEO Gavin Isaacs Expected to Help BetMGM Win in America

July 25, 2024 | By: Heather Fletcher

New Entain CEO Gavin Isaacs is expected to help turn the company’s performance around, including gaining market share for the online gambling giant’s US joint venture, BetMGM. On Sept. 2, the board chairman at iGaming content supplier Games Global begins work at Entain. Entain appointing Isaacs appears to show the half-owner of BetMGM wants to regain […]

Authorities have made a second arrest related to the MGM and Caesars cyberattacks, this time a British teenager.

Second Alleged Scattered Spider Member Arrested in Connection to 2023 Casino Cyber Attacks

July 23, 2024 | By: Chav Vasilev

UK authorities have arrested a 17-year-old in connection to last year’s cyberattacks on Caesars and MGM Resorts International. The teenager from Walsall in central England is accused of belonging to the hacking group Scattered Spider and has been charged with blackmail and violations of the Computer Misuse Act. On July 18, the Regional Organised Crime […]