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Entain : BetMGM Announces Opening of Private Live Dealer Studio in Michigan

06/23/2022 | 09:56am EDT

23 June 2022

BetMGM Announces Opening of Private Live Dealer Studio in Michigan

JERSEY CITY, NJ - (June 23, 2022) - BetMGM, a leading sports betting and iGaming operator, announced today the opening of its private live dealer studio in Michigan. The studio was built in partnership with Evolution, BetMGM's live casino partner and the leading B2B supplier of live casino content . BetMGM Casino launched its Michigan live dealer offering in July 2021and quickly established itself as one of the market leaders in the space.

"This beautiful, new studio enhances BetMGM's live casino experience in Michigan and deepens our partnership with Evolution," said Oliver Bartlett, Director of Gaming, BetMGM. "Inspired by the MGM Resorts brand, the studio is adorned with the iconic golden lion and the familiar black and gold BetMGM color scheme. We're confident that it will amplify our market-leading casino offering in Michigan."

Today's opening of the new studio gives players the chance to interact with a live dealer and other players at blackjack, roulette, and baccarat tables of varying price points. BetMGM Casino immediately became Michigan's iGaming leader upon its January 2021 launch and currently holds 39% market share in the state.

"We're thrilled that BetMGM has again entrusted Evolution with providing a full dedicated studio solution, powered by our technology," said Jeff Millar, Commercial Director North America, Evolution. "As we set out to create a unique feel that players would love, the BetMGM studio in Michigan is one of the grandest we've built. We're excited to continue our work within the state of Michigan, while strengthening our ongoing partnership with BetMGM."

As BetMGM continues to expand into new markets, responsible gaming education remains a key focus. BetMGM is proud to provide resources to help customers play responsibly including GameSense, an industry leading program, developed and licensed to MGM Resorts by the British Columbia Lottery Corporation. Through the GameSense integration within BetMGM's mobile and desktop platforms, customers can directly access responsible gaming tools.

The BetMGM Sportsbook and Casino apps are accessible on both iOS and Android, as well as via desktop. For more information on BetMGM, follow @BetMGMon Twitter.

Disclaimer

Entain plc published this content on 23 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2022 13:55:04 UTC.


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Sales 2022 4 310 M 5 210 M 5 210 M
Net income 2022 207 M 251 M 251 M
Net Debt 2022 2 168 M 2 620 M 2 620 M
P/E ratio 2022 34,7x
Yield 2022 1,33%
Capitalization 7 516 M 9 084 M 9 084 M
EV / Sales 2022 2,25x
EV / Sales 2023 2,04x
Nbr of Employees 23 390
Free-Float 97,6%
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