press release

Dec. 20, 2021, 2:30 p.m. EST

BetMGM Horse Racing Mobile App Launches in Florida and Louisiana

Leading sports betting operator expands presence into two key markets

JERSEY CITY, N.J., Dec. 20, 2021 /PRNewswire/ -- BetMGM announced today the launch of the BetMGM Horse Racing mobile app in Florida and Louisiana. BetMGM Horse Racing is now live in three states and allows users to watch-and-wager on premier Thoroughbred, Harness and Quarter Horse races at more than 200 tracks around the world. These tracks include Santa Anita Park, Gulfstream Park and Aqueduct Racetrack.

"Today's launch in Florida and Louisiana sets the stage for BetMGM to engage with a new customer base in the South," said BetMGM CEO Adam Greenblatt. "The BetMGM Horse Racing app is a key part of our market expansion plans and will accelerate our continued growth into 2022."

NYRA Bets is the official online wagering platform of the New York Racing Association, Inc. (NYRA) and a leading provider of horse racing content in the U.S. Utilizing NYRA Bets' capabilities, the BetMGM Horse Racing app allows customers to place bets conveniently from home.

The app features daily horse racing content, live streaming video, race replays and wagering opportunities on marquee events in the U.S. such as the Preakness Stakes, Belmont Stakes, the summer meet at Saratoga Race Course, Pegasus World Cup, and the Breeders' Cup World Championships. Additionally, users can access a live stream of races from international events like Royal Ascot, Prix de l'Arc de Triomphe, Melbourne Cup and The Grand National.

The BetMGM Horse Racing app is now available for download in Florida, Louisiana and Ohio on both iOS and Android devices. As BetMGM continues to expand to new areas, responsible gaming education remains a key focus. BetMGM is proud to provide resources to help customers play responsibly. For more information on BetMGM, follow @BetMGM on Twitter.

About BetMGM 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 /zigman2/quotes/209932643/composite MGM +1.07% and Entain Plc /zigman2/quotes/207493593/delayed UK:ENT +1.56% , 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. For more information, visit  http://www.betmgminc.com/ .

About NYRA BETS, LLC (NYRA Bets) NYRA Bets, LLC (NYRA Bets) is the official advance deposit wagering (ADW) platform of the New York Racing Association, Inc. (NYRA). Launched as a national ADW in 2016 and currently available to customers in more than 30 states, NYRA Bets provides fans the opportunity to wager on tracks worldwide from anywhere at any time. The NYRA Bets app is available for download today on iOS and Android at NYRABets.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 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. 

Cision
View original content to download multimedia: https://www.prnewswire.com/news-releases/betmgm-horse-racing-mobile-app-launches-in-florida-and-louisiana-301448337.html

SOURCE BetMGM

COMTEX_399300717/2454/2021-12-20T14:30:13

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

Copyright (C) 2021 PR Newswire. All rights reserved

/zigman2/quotes/209932643/composite
US : U.S.: NYSE
$ 34.85
+0.37 +1.07%
Volume: 2.01M
May 27, 2022 12:23p
P/E Ratio
11.33
Dividend Yield
0.03%
Market Cap
$14.69 billion
Rev. per Employee
$184,520
loading...
/zigman2/quotes/207493593/delayed
UK : U.K.: London
£ 1,433.00
+22.00 +1.56%
Volume: 643,196
May 27, 2022 4:35p
P/E Ratio
33.97
Dividend Yield
N/A
Market Cap
£8.30 billion
Rev. per Employee
£149,879
loading...

Comtex

Partner Center

Link to MarketWatch's Slice.