SAN JUAN, Puerto Rico,
Feb. 11, 2022 /PRNewswire/ -- Sports
betting is officially live in Puerto
Rico at Casino del Mar at La Concha Resort. BetMGM, a
leading sports betting and iGaming company, announced today the
launch of the island's first regulated sports betting platform. In
time for Sunday's Big Game, BetMGM now is accepting wagers at the
San Juan-based beach resort
through 12 kiosks and five betting windows. A full-scale BetMGM
retail sportsbook is set to open at La Concha Resort later this
year. BetMGM plans to launch its mobile betting app in Puerto Rico in the months ahead as well.
"This is a monumental day for BetMGM as it marks the launch of
our first operation outside of the U.S. mainland," said BetMGM CEO
Adam Greenblatt. "Casino del Mar
delivers exceptional guest experiences and is an ideal partner as
we look to extend our brand in Puerto
Rico."
Sigfrido de Jesús, Casino del Mar's General Manager, said, "We
are very excited to kick off sports betting at Casino del Mar
through this important strategic alliance with BetMGM. In
Puerto Rico, there is a wide base
of sports fans who will now add the possibility of becoming winners
to the excitement of their favorite sports games and matches."
As BetMGM continues to expand into new markets, 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 (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
https://www.betmgm.com/.
About La Concha Resort
La Concha Resort, a
spectacular landmark in modern Caribbean architecture, has 238 oceanfront
rooms and a tower of 235 suites. The gastronomic offer includes
Solera, Sereno Bar & Grill, The
Loft, Aroma, Lobby Lounge, Marena and Serafina San Juan. All facilities have free
high-speed Internet. The hotel has a modern oceanfront gym, the
newest casino in the Caribbean and
Fifty-Eight Club for adults only. For reservations and additional
information, you can call (787) 721-7500 or visit
www.laconcharesort.com.
About Casino del Mar
Casino del Mar offers a safe
environment of pure entertainment 24 hours a day, 7 days a week. It
has the most modern and constantly renewed product in all of
Puerto Rico. For more information
you can call (787) 977-3210 or visit
https://casinodelmarpr.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.
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SOURCE BetMGM