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.
The BetMGM mobile app is currently live in 10 states and is available for download on both iOS and Android, as well as accessible via desktop at www.betmgm.com. BetMGM offers user-friendly sports betting experiences, making it easy to customize pre-game, live in-play, futures and parlay wagers. BetMGM's integration with MGM Resorts' M life Rewards program allows BetMGM users, in legal playing states, the opportunity to redeem their gameplay for world-class experiences at MGM Resorts properties nationwide. Those resorts include Bellagio and MGM Grand in Las Vegas, Borgata in New Jersey, Beau Rivage in Mississippi and MGM National Harbor in Maryland. For more information, follow @BetMGM on Twitter.
BetMGM partners with Richard Childress Racing for a full suite of marketing and activation assets, including primary sponsorship of both of RCR’s NASCAR Cup Series entries. BetMGM is an associate partner on RCR’s No. 3 Chevrolet driven by Austin Dillon and No. 8 Chevrolet driven by Tyler Reddick and the Official Sports Betting Operator of Richard Childress Racing. Both Dillon and Reddick are enthusiastic sports betters who use the BetMGM app to place their bets.
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.