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MGM Resorts International (NYSE: MGM) announced Wednesday the launch of legalized sports betting at the MGM Grand Detroit through its BetMGM Sports Lounge.
In December 2019, Michigan passed legislation around a two-step timeline for legalizing sports betting within the state. Retail sports betting went live Wednesday, March 11, while online and mobile wagering (along with iGaming) are expected to come at a later date, but not before receipt of all of the necessary regulatory approvals.
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'Twenty years ago, MGM Resorts bet on the great City of Detroit with an $800 million commitment to create the city's first and only integrated luxury casino resort built from the ground up,' said David Tsai, President & COO of MGM Grand Detroit said via a release obtained by SportsbookWire. 'We've been able to help stimulate the local and state economy by creating thousands of jobs, making substantial infrastructure investments, and contributing over $2.8 billion in tax revenue to the City and State since opening. As the market leader in Detroit, we're proud to be part of this groundbreaking moment for Michigan gaming and to bring a world-class sports betting and entertainment experience to our guests.'
BetMGM Sports Lounge has a variety of features, including:
Over-the counter bettingBar top video poker machinesWall-to-wall HDTV coverage of daily gamesFull bar with signature craft cocktails and local craft beersSports fans looking to place a legal sports wager on games can also utilize BetMGM kiosks throughout the MGM Grand Detroit to place their bets.
Also see:
BetMGM revamps Las Vegas properties, launches mobile sports betting appIndiana sports betting: BetMGM launches sports betting app in IndianaBetMGM, which provides a marquee betting offering from Roar Digital, the joint venture between MGM Resorts and GVC Holdings (LSE: GVC), has been busy recently, rolling out into new states and revamping their properties in Nevada. BetMGM Sports Lounges can be found within MGM Resorts properties, while they also offer legal online and mobile sports betting through the BetMGM app in New Jersey, West Virginia, Indiana and Nevada.
'Michigan is home to some of the nation's most enthusiastic sports fans. MGM Resorts and Roar Digital are excited to be opening BetMGM Sports Lounge at MGM Grand Detroit in time for college basketball's tournament season,' Scott Butera, President of Interactive Gaming for MGM Resorts, said in a release. 'We worked with the most creative design talent to create a world-class sports book and lounge with amenities that will give our guests an exciting sports viewing experience.'
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