BetMGM

BetMGM Sportsbook Sign-Up Steps

Signing up for a BetMGM Sportsbook account is a straightforward process that allows you to start betting quickly. First, visit the BetMGM website or download the mobile app on your iOS or Android device. Once there, click on the ‘Register’ button to begin creating your account. You will need to provide some personal information, including your name, date of birth, and the last four digits of your Social Security Number. This information is crucial for identity verification.

Next, you will need to create a secure password and choose your preferred method of contact, such as an email address or a PayPal account. After completing these steps, you may need to verify your identity further by uploading a government-issued ID if automatic verification fails. Once your identity is confirmed, you can make your first deposit using various payment methods like Visa, Mastercard, or Skrill.

Finally, you can start placing bets on a wide range of sports and events. For more details, visit the BetMGM sign up page. Remember, you must be at least 21 years old and physically located in a state where BetMGM operates to place bets.

Why Should I Trust The BetMGM Sportsbook?

Who regulates BetMGM?

BetMGM is regulated separately by each state in which it operates. For example, the Pennsylvania Gaming Control Board in P.A., the New York State Gaming Commission in N.Y., and the Iowa Racing and Gaming Commission in I.A.

You can check the specific regulator in your state in the small print at the bottom of the BetMGM website.

Where players have complaints that they cannot resolve with BetMGM’s customer service departments, they can contact the relevant regulating body to take things further.

In many of the states in which BetMGM operates (for example, Ontario), independent labs test the app to ensure fairness.

Why should I trust BetMGM?

BetMGM Sportsbook is a well-established platform in the online betting industry, known for its strong ties to the MGM Resorts International. This connection provides a solid foundation of trust, as MGM is a reputable name in the hospitality and gaming sectors. BetMGM is fully licensed and regulated in 21 states across the United States, ensuring compliance with local laws and regulations. This extensive licensing is a key indicator of its reliability and commitment to providing a secure betting environment.

The platform employs advanced security measures, including SSL encryption and two-step authentication, to protect user data. These features demonstrate BetMGM’s dedication to safeguarding its users’ information. Additionally, the sportsbook offers a wide range of betting markets and competitive odds, making it a popular choice among bettors. The availability of a user-friendly mobile app further enhances the betting experience, allowing users to place bets conveniently from their devices.

While some users have reported issues with customer support, BetMGM’s overall reputation remains strong, supported by celebrity endorsements and a high-profile presence in the industry. With its comprehensive security measures and regulatory compliance, BetMGM Sportsbook is a trustworthy option for sports betting enthusiasts.

How do I get paid if I win on BetMGM?

To cash out, head to “My Account” in the upper right corner of the page and then go to the Cashier page, where you select the Withdrawal tab and click your preferred method of withdrawal. 

The allowed methods may vary a little from state to state, but they include debit and credit cards, prepaid cards, e-wallets (like Paypal and Venmo), bank transfers, and even checks in some states.

What Company Is Behind the BetMGM Sportsbook?

Company facts

The BetMGM Sportsbook is the flagship sportsbook product for BetMGM, a U.S.-based joint venture between MGM Resorts and Entain Holdings. While BetMGM only operates in the U.S. at the moment, both of its parent companies are international corporations.

BetMGM is an LLC owned 50/50 by its parents. As such, it is not publicly traded.

Entain Holdings operates several brands, including the Ladbrokes and Coral sportsbooks and casinos in Europe and the International market. The company also owns partypoker, one of the biggest online poker sites in the world.

MGM Resorts operates 30 casinos and integrated resorts across the U.S., including the iconic Bellagio, ARIA, and Mirage in Vegas.

The expectation is that BetMGM may use Entain’s overseas expertise to expand beyond the U.S.

For regulatory reasons, BetMGM operates in partnership with numerous other companies for a state to license an online gambling operator. For example, in providing sportsbook services to Pennsylvania, BetMGM operates the site “on behalf of” the Mountainview Thoroughbred Racing Association.

BetMGM has only been in the U.S. online sportsbook market since 2018, but after a slow start, the company is one of the biggest operators in the market. In Q3 of 2021, it surpassed its goal of 25% market share, hitting a little over $200 million (26% market share) in revenue.

It was surpassed only by FanDuel and only by a small margin (about $30 million in revenue).

BetMGM Management and Board

BetMGM is led by a team of experienced executives who drive the company’s success in the sports betting and iGaming industry. At the helm is Adam Greenblatt, the Chief Executive Officer, who has a strong background in gaming and sports betting. He played a crucial role in forming MGM Entain Interactive. Matt Prevost, the Chief Revenue Officer, focuses on customer acquisition and retention, enhancing the overall customer experience. Karen Baumwoll, the Chief Human Resources Officer, ensures the company’s success through effective people management. Gary Deutsch, the Chief Financial Officer, brings expertise in acquisitions and venture capital-backed startups. Witek Wacinski, the SVP of Strategy & Development, leads strategic partnerships and geographic expansion. Josh Jessen, the Chief Legal Officer, oversees legal matters, while Rhea Loney, the Chief Compliance Officer, manages compliance areas. Jarrod Schwarz, the Chief Product Officer, leads the development of innovative websites and applications. Kevin Allan, the Chief Architect, manages global infrastructure. This team, along with other key members, ensures BetMGM’s leadership in the gaming market.

BetMGM Legal and Regulated Online Sports Betting Markets

These are the states and territories of the U.S. in which BetMGM’s online sportsbook is available, regulated, and operates legally.

• Arizona
• Colorado
• Illinois 
• Indiana
• Iowa
• Louisiana
• Michigan
• Nevada
• New Jersey
• New York
• Pennsylvania
• Puerto Rico
• Tennessee
• Virginia
• West Virginia
• Wyoming

BetMGM also operates retail locations in most of these states and several other states where retail sports betting is legal but online sports betting is not.

BetMGM FAQ