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The BetMGM sportsbook is a part of the larger MGM Resorts International company. BetMGM’s origins date back to 1987, when it was originally named MGM Grand, Inc. The company, known for its various resorts, casinos, and entertainment ventures, entered the online gaming market in the late 2000s. BetMGM, initially known as PlayMGM, was launched in 2017 as a joint venture with GVC Holdings. It eventually adopted its current name in 2019.
BetMGM sportsbook provides a platform for sports betting, including NFL, NBA, MLB, and many more. The platform was first launched and tested in New Jersey, a state friendly to online gaming. As online sports betting has grown in popularity and laws have been adjusted, BetMGM has expanded to other states, including West Virginia and Indiana. It now operates in many U.S. states and continues to expand its reach. BetMGM is not limited to sports betting; it also offers online casino games and poker.
Fantasy sports, while not directly offered through BetMGM, are still a significant part of their market. Many users of the sportsbook platform participate in fantasy leagues and use BetMGM for their sports betting needs. However, it should be noted that MGM Resorts, including BetMGM, has a history with fantasy sports, having previously had a connection with DraftKings, a daily fantasy sports company, as a result of an investment deal.
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