4 January 2021
BetMGM Debuts Sports Betting in Iowa
Best-in-class sports betting app enters eighth state
BetMGM launched its market leading sports betting app in Iowa today, giving customers access to benefits tied to MGM Resorts' iconic casino-resorts nationwide. Today's announcement was made in conjunction with Diamond Jo Casino, a high-energy casino in Dubuque's historic downtown district.
"I can't think of a better way to kick off the new year than by launching BetMGM in Iowa, a state well known for its passionate sports fans," said BetMGM CEO Adam Greenblatt. "Our connection with MGM Resorts enables BetMGM users in the Hawkeye State to earn rewards, from hotel suites to dinners at award-winning restaurants, all while engaging in the excitement of our cutting-edge sports betting experience."
The BetMGM app offers a user-friendly sports betting experience, 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 Iowa the opportunity to redeem their gameplay for world-class experiences at MGM Resorts properties nationwide, including Bellagio and MGM Grand in Las Vegas, Borgata in New Jersey, Beau Rivage in Mississippi and MGM National Harbor in Maryland.
Iowa marks the eighth state in which BetMGM's mobile app is available statewide, joining Nevada, New Jersey, Colorado, Indiana, Pennsylvania, Tennessee and West Virginia.
As BetMGM continues to expand its sports betting platforms to new states, responsible gaming education remains a key focus. BetMGM is proud to provide resources to help customers play responsibly.
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's U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. Utilizing Entain's US-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/.
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.