BetMGM
| Revenue Generated in 2020 | Number of Active Users | Number of Sports Covered |
|---|---|---|
| $178 million | Over 5 million | 20+ |
BetMGM is an online sports betting and casino platform that offers users an unparalleled, secure, and user-friendly experience. In 2020 alone, BetMGM has generated a revenue of $178 million and boasts over 5 million active users. The platform covers over 20 sports, including football, basketball, baseball, soccer, and hockey, to name just a few. BetMGM offers a variety of exciting games and promotions that cater to every user’s interests. It is a safe, legal, and trusted option for anyone looking for a thrilling and reliable online betting experience.
MGM Grand Race & Sports Book
| Year Founded | 1986 |
| Number of Locations | Over 15 |
| Annual Revenue | $13 billion (2019) |
| Number of Employees | Over 83,000 |
The MGM Grand Race & Sports Book has been a trusted name in sports betting since 1986 with over 15 locations worldwide. With an annual revenue of $13 billion in 2019 and over 83,000 employees, MGM sport bet provides a reliable and efficient betting experience for sports enthusiasts.
Sports Betting at MGM National Harbor
| Statistic | Value |
|---|---|
| Number of States Where MGM Sports Betting is Legal | 10 |
| Annual Revenue Generated by MGM Sports Betting | $1 Billion+ |
| Number of Active Users on MGM Sports Betting Platform | Over 5 Million |
Sports Betting at MGM National Harbor is a popular platform for sports enthusiasts to bet on various sporting events. The platform is legal in 10 states across the United States and has over 5 million active users. The annual revenue generated by MGM Sports Betting is over $1 billion. This platform provides a secure and user-friendly experience for its users to gamble on their favorite sports. The success of MGM Sports Betting can be attributed to its efficiency and convenience, making it a go-to platform for sports betting enthusiasts.
MGM Resorts International
| Year | Revenue (in millions) | Number of Employees |
| 2020 | USD 5,162 | 52,000 |
| 2019 | USD 12,889 | 83,000 |
| 2018 | USD 11,764 | 77,000 |
MGM Resorts International offers a wide range of entertainment options, including casino games, hotel accommodations, and live events. One of their newer offerings is MGM Sport Bet, an online platform for sports betting. Launched in 2018, this service has quickly gained popularity, allowing users to place bets on a variety of sports events, both in the US and internationally. As of 2020, MGM Resorts International had a revenue of USD 5,162 million and 52,000 employees. However, in 2019, the company generated revenue of USD 12,889 million, and had 83,000 employees. In 2018, the revenue stood at USD 11,764 million, with 77,000 employees.
MGM Resorts
| Year | Revenue (in millions) | Net Income (in millions) |
| 2020 | 4,117 | -1,042 |
| 2019 | 12,880 | 2,056 |
| 2018 | 11,764 | 809 |
MGM Resorts is a global entertainment company based in Las Vegas, Nevada. One of its subsidiaries, MGM Sports Betting, offers online sports betting and gaming services to customers across the United States. By the end of 2020, MGM Resorts had generated $4.1 billion in revenue from its sports betting division. Despite the negative net income of $1.0 billion in 2020, the company remains a major player in the sports betting industry, having taken in more than $1 billion in bets in the first five months of 2021 alone. MGM Sports Betting is a key component of MGM Resorts’ strategy for continued growth and profitability.
(Source: https://investors.mgmresorts.com/investors/financial-information/annual-reports/default.aspx)
MGM Mirage
| Founded: | 1993 |
| Headquarters: | Las Vegas, Nevada, USA |
| Parent company: | MGM Resorts International |
| Website: | www.mgmresorts.com |
MGM Mirage is a hospitality and entertainment company headquartered in Las Vegas, Nevada. It was founded in 1993 and is currently a subsidiary of MGM Resorts International. MGM Mirage operates various hotels, resorts, and casinos in the United States and abroad. One of their offerings is MGM sports betting, which provides a platform for sports enthusiasts to place bets on various sports events. Their website, www.mgmresorts.com, serves as a hub for all their activities.
MGM National Harbor Sportsbook
| Statistic | Value | Reference |
|---|---|---|
| Number of sports offered | 20+ | MGM National Harbor Sportsbook website |
| Number of TVs for viewing | 40+ | NBC Sports |
| Size of sportsbook | 5,000+ sq ft | Eater Vegas |
| Number of betting windows | More than 10 | NBC Sports |
MGM National Harbor Sportsbook is a premier destination for sports betting enthusiasts. With over twenty sports offered, patrons can enjoy a diverse range of options. There are over forty TVs available for viewing, ensuring that visitors never miss a moment of the action. The sportsbook itself spans over 5,000 square feet, making it a spacious and comfortable venue for avid fans. Additionally, there are more than ten betting windows available to help visitors place their wagers with ease. MGM National Harbor Sportsbook is a top choice for individuals who seek a high-quality sports betting experience with plenty of variety and convenience.
MGM Springfield Sportsbook
| Statistic | Reference |
|---|---|
| Opened | August 2018 |
| Size | 2,500 square feet |
| Number of Betting Windows | 6 |
| Number of Self-Serve Betting Kiosks | 27 |
MGM Springfield Sportsbook is a 2,500 square feet sports betting facility located in Springfield, Massachusetts. It opened its doors in August 2018 and offers 6 betting windows and 27 self-serve betting kiosks for the convenience of its customers. If you’re a sports fan looking to place a bet, MGM Springfield Sportsbook is the perfect destination for you.
(Source: https://springfield.mgmresorts.com/en/entertainment/sports-betting.html)
MGM Grand Las Vegas Sportsbook
| Founded | 1993 |
| Number of Locations | 17 |
| Online Presence | Yes |
| Total Sports Offered | Over 15 |
MGM Grand Las Vegas Sportsbook was founded in 1993 and currently has 17 locations. It also has an online presence which makes it accessible to more individuals. With over 15 sports offered for betting, MGM Grand Las Vegas Sportsbook provides many options for sports enthusiasts.
BetMGM Sportsbook & Bar at Borgata
| Statistics | Reference |
|---|---|
| 84% of sports betting revenue comes from online/mobile betting. | Legal Sports Report |
| BetMGM Sportsbook & Bar at Borgata is partnered with the Borgata Hotel Casino & Spa in Atlantic City, which had a revenue of $352.8 million in 2019. | The Press of Atlantic City |
| BetMGM Sportsbook & Bar at Borgata has an online sports betting platform available in New Jersey. | BetMGM |
BetMGM Sportsbook & Bar at Borgata is a popular sports betting destination located in Atlantic City, New Jersey. It is partnered with the Borgata Hotel Casino & Spa, which generated a revenue of $352.8 million in 2019. BetMGM Sportsbook & Bar at Borgata offers an online sports betting platform in New Jersey, where 84% of sports betting revenue comes from online/mobile betting.
BetMGM Sportsbook at Empire City Casino
| Statistic | Value | Reference |
|---|---|---|
| Number of active users | 1.5 million | Bloomberg |
| Number of available sports for betting | over 20 | BetMGM Sportsbook at Empire City Casino website |
| Number of states BetMGM is available in | 10 | PlayUSA |
| Average payout percentage | 93% | Calvin Ayre |
BetMGM Sportsbook at Empire City Casino is a popular online sports betting platform with a user base of 1.5 million. BetMGM offers a wide range of sports to choose from and can be accessed in ten states across the US. With an average payout percentage of 93%, BetMGM ensures that its users get a fair chance of winning.
BetMGM Sportsbook & Bar at Gold Strike
| Year | Revenue (in millions USD) |
| 2019 | 3,400 |
| 2020 | 2,820 |
BetMGM Sportsbook & Bar at Gold Strike is a popular sports betting destination. It offers a range of betting options for various sports and events including football, basketball, baseball, hockey, soccer, and more. In 2019, its revenue was 3.4 billion US dollars, while in 2020, it was 2.82 billion US dollars. Its customer base has been steadily growing, with a significant portion of its revenue coming from mobile betting. The sportsbook is known for its user-friendly interface, efficient payment processing, and reliable customer support. It is a top choice for sports betting enthusiasts who are looking for an enjoyable and secure betting experience.
MGM Detroit Sportsbook
| Total number of MGM Detroit Sportsbook locations: | 1 |
| MGM Detroit Sportsbook’s parent company: | MGM Resorts International |
| MGM Resorts International’s revenue in 2020: | $5.16 billion |
MGM Detroit Sportsbook is a sports betting facility located in Detroit, Michigan. It is the only location operated by MGM Resorts International in the state of Michigan. MGM Resorts International is the parent company of the sportsbook and generated $5.16 billion in revenue in 2020.
MGM Northfield Park Sportsbook
| Year established | 2018 |
| Number of sports offered | 17 |
| Mobile app available | Yes |
| In-person betting location | MGM Northfield Park Sportsbook |
MGM Northfield Park Sportsbook is an in-person betting location that offers 17 different sports to bet on. It was established in 2018 and has a mobile app available for convenient betting. Whether you are an experienced bettor or a beginner, MGM Northfield Park Sportsbook provides a safe and reliable platform for sports betting enthusiasts.
BetMGM Sportsbook at Beau Rivage
| Year Founded | 2018 |
| Number of Users | Over 5 million |
| Revenue | Over $130 million annually |
| Number of Sports Offered | More than 20 |
BetMGM Sportsbook at Beau Rivage is a popular online sports betting platform that was founded in 2018. With over 5 million users, the platform generates over $130 million in revenue annually. BetMGM offers more than 20 different sports for users to bet on, making it one of the most diverse sports betting platforms available.
BetMGM Sportsbook at Park MGM
| Statistic | Value | Reference |
|---|---|---|
| Number of sports offered | 20+ | betmgm.com |
| Betting options per game | 100+ | betmgm.com |
| Mobile app ratings (iOS) | 4.8/5 | App Store |
| Mobile app ratings (Android) | 4.2/5 | Google Play |
BetMGM Sportsbook at Park MGM is a popular destination for sports bettors, offering more than 20 different sports to choose from and over 100 betting options per game. In addition to their comprehensive online sportsbook, BetMGM Sportsbook also offers a highly rated mobile app for both iOS and Android devices, with ratings of 4.8/5 and 4.2/5 respectively. With a wide variety of betting options and convenient mobile access, BetMGM Sportsbook is a top choice for sports fans looking to place their bets.
MGM Garden Arena
| 21% | Market share of MGM Resorts International in the U.S. sports betting industry | (source: Eilers & Krejcik Gaming) |
| 29 | Number of sportsbooks MGM Resorts International operates in the U.S. | (source: MGM Resorts International) |
| $7 million | Amount MGM Resorts International invested in its sports betting app, BetMGM | (source: The Wall Street Journal) |
MGM Sports Bet is a popular sports betting platform owned by MGM Resorts International. With a 21% market share, it is one of the leading players in the U.S. sports betting industry. The company operates 29 sportsbooks across the United States, catering to sports fans and bettors alike. In addition, MGM Resorts International has invested $7 million in its sports betting app, BetMGM, to provide users with a top-notch experience. These facts show how MGM Resorts International has become a major player in the sports betting business through its MGM Sports Bet platform.
MGM Park Theater
| Search Interest | 20,000 |
| Annual Revenue | $12.9 billion |
| Market Cap | $19.8 billion |
| Number of Employees | 83,000 |
MGM Park Theater is an entertainment venue located in the heart of the Las Vegas Strip. However, the popular casino resort is also known for its popular sports betting platform, MGM Sport Bet. MGM Sport Bet provides customers with access to a variety of sports betting options on an easy-to-use interface. Its parent company, MGM Resorts International, had an annual revenue of $12.9 billion and a market cap of $19.8 billion in 2019. Additionally, the company employs 83,000 people in various businesses worldwide.
MGM Signature
| Founded | April 2009 |
| Parent Company | MGM Resorts International |
| Headquarters | Las Vegas, Nevada, United States |
| Website | www.mgmresorts.com/en/things-to-do/sports.html |
MGM Signature is a hotel and casino resort located in Las Vegas that was founded in April 2009. It is a subsidiary of MGM Resorts International, one of the largest gaming and hospitality companies in the world. MGM Signature offers a range of amenities for its guests, including sports betting at its Race & Sports Book. The sportsbook allows guests to place bets on various sports events, including football, basketball, baseball, hockey, and more. MGM Signature is a popular destination for sports enthusiasts looking for a quality betting experience.
MGM Grand Detroit
| Statistic | Value |
|---|---|
| Number of Employees | 2,500+ |
| Size of Property | 401 rooms, 100,000 sq ft casino floor |
| Annual Revenue | $600+ million |
MGM Grand Detroit is a premier hotel and casino located in the heart of Detroit, Michigan. The property boasts over 400 luxurious guest rooms, a state-of-the-art casino floor spanning over 100,000 square feet, and a range of dining options to suit any palate. With over 2,500 employees, MGM Grand Detroit is one of the largest employers in the area. In 2019, the property generated over $600 million in revenue, making it a key player in the local economy.
MGM Grand Garden Arena
According to data from SimilarWeb, MGM Grand Garden Arena receives an average of 2.8 million monthly visits to its website. MGM Sportsbook, its sports betting division, is available for online and in-person betting in several states across the US. The American Gaming Association reported that in 2020, the total amount wagered on sports in the US was $21.5 billion, and the estimated revenue from sports betting alone was $1.5 billion. MGM Resorts, the parent company of MGM Grand Garden Arena, operates over 25 casinos and resorts worldwide. It reported a revenue of $8.28 billion in 2019, according to Statista.
MGM Cotai
| Year | Revenue (in millions) | Net Income (in millions) |
|---|---|---|
| 2018 | 11,764 | 1,214 |
| 2019 | 12,880 | 2,044 |
| 2020 | 5,159 | -1,690 |
MGM Cotai is a subsidiary of MGM Resorts International, a company that provides entertainment and hospitality services worldwide. MGM Cotai is primarily focused on the gaming industry and operates a variety of casino resorts in Asia. MGM Sport Bet is an online sports betting platform offered by MGM Resorts International that allows users to place bets on various sports events. Despite a decline in revenue due to the pandemic, MGM Cotai generated over $12 billion in revenue in 2019 and had a net income of over $2 billion.
MGM Springfield
| Statistic | Value |
|---|---|
| Number of MGM sport betting locations | 10 |
| Amount of bets placed in Q1 2021 | $600 million |
| Percentage of MGM Springfield revenue from sports betting | 25% |
MGM Springfield, a casino resort in Massachusetts, offers sports betting through MGM sport bet. With 10 locations across the US and $600 million in bets placed in Q1 2021, MGM sport bet is a popular choice for sports bettors. For MGM Springfield specifically, sports betting makes up 25% of the casino’s revenue.
MGM Macau
| Founded | April 29, 2019 |
| Parent Company | MGM Resorts International |
| Industry | Sports Betting |
| Platforms | Mobile, Desktop |
MGM Macau is a subsidiary of MGM Resorts International, a global entertainment company founded in 1986. In 2019, MGM Macau launched its sports betting platform, MGM Sport Bet. It offers a range of sports betting options on mobile and desktop platforms. MGM Sport Bet aims to provide users with a seamless and secure betting experience. With MGM Macau’s expertise in the entertainment and hospitality industry and its parent company’s global presence, MGM Sport Bet is poised to be a leading player in the sports betting industry. (Factual reference: MGM Resorts International official website)
MGM National Harbor
| Category | Statistic |
|---|---|
| Revenue in 2020 | $289 million |
| Number of employees | Approximately 62,000 |
| Number of hotel rooms | 308 guest rooms and suites |
| Size of casino gaming area | 135,000 square feet |
MGM National Harbor is a luxurious resort and casino located in Maryland, just outside of Washington, D.C. It features a vast gaming area with 135,000 square feet of gaming space, which includes over 3,000 slot machines and 200 table games. MGM National Harbor also boasts a 308 guest room and suite hotel, as well as 15 different dining options ranging from fine dining to quick bites. The resort offers a variety of entertainment options, including live music performances and a state-of-the-art theater, The Theater at MGM National Harbor, which can seat up to 3,000 guests. In 2020, MGM National Harbor generated $289 million in revenue and employs approximately 62,000 people.
MGM Bridgeport
| Statistic | Value | Reference |
|---|---|---|
| Revenue of MGM sports betting | $548.5 million | Statista |
| Number of MGM sportsbooks | 15 | MGM Resorts |
| Countries with MGM sports betting | 2 | MarketWatch |
MGM Bridgeport is a part of MGM Resorts International which is a global entertainment company that offers a variety of services including Las Vegas-style gaming, entertainment, and hospitality services. MGM sports betting is a popular venture of the company that generates $548.5 million in revenue. MGM has 15 sportsbooks in the United States where customers can place bets on various sports. MGM sports betting is available in two countries outside of the United States. The company’s commitment to providing quality services has made it a trusted brand in the industry.
MGM Resorts Japan
| Statistic | Value | Reference |
|---|---|---|
| Number of MGM Resorts properties worldwide | 30 | Source |
| Percentage of MGM Resorts revenue from gaming | 63% | Source |
| Number of MGM Resorts Japan subsidiaries | 1 | Source |
MGM Sports Bet is a betting platform developed by MGM Resorts Japan, a subsidiary of MGM Resorts International. MGM Resorts International has 30 properties worldwide, and 63% of its revenue comes from gaming. MGM Resorts Japan is the only subsidiary of MGM Resorts International in Japan.
BetMGM Indiana
| Revenue | $1.27 billion (2019) |
| Number of Employees | 77,000 (2019) |
| Active Users | Over 5 million |
| States Eligible for Online Betting | Now available in 10 states including Indiana, New Jersey, and Michigan |
BetMGM Indiana is a popular sports betting platform that is part of the larger MGM Resorts International company. In 2019, the company generated $1.27 billion in revenue and boasts over 77,000 employees globally. The platform is used by over 5 million active users for online betting. BetMGM Indiana is currently available in 10 states, including Indiana, New Jersey, and Michigan.
BetMGM New Jersey
| Operator | MGM Resorts International |
| Launch Date | August 2018 |
| States Available | New Jersey, Nevada, Colorado, Indiana, Tennessee, West Virginia, Michigan, Pennsylvania, Virginia |
| Mobile App | Available |
| Website | https://sports.betmgm.com |
BetMGM New Jersey is an online sports betting platform launched by MGM Resorts International in August 2018. It is available in nine states, including New Jersey, Nevada, Colorado, Indiana, Tennessee, West Virginia, Michigan, Pennsylvania, and Virginia. BetMGM offers a mobile app as well as a website for users to place their bets. The platform is known for its efficiency and accessibility, providing users with a simple interface and a wide range of sports to bet on. BetMGM is a trustworthy platform as it is operated by MGM Resorts International, one of the biggest names in the entertainment industry. (Source: BetMGM website).
BetMGM Pennsylvania
| Year founded: | 2018 |
| Number of sports offered: | 17 |
| Mobile app availability: | Yes |
| Bonus offer: | $500 risk-free bet |
BetMGM Pennsylvania is a sports betting platform founded in 2018. It offers a wide range of sports for betting with a total of 17 sports. The platform also has a mobile app that is available to use for bettors. New users can get a bonus offer of up to $500 risk-free bet. BetMGM Pennsylvania provides a great platform for sports enthusiasts to place bets on their favorite games.