BetMGM Announces Kentucky Market Access Agreement With Revolutionary Racing
Portfolio Pulse from Happy Mohamed
BetMGM, a leading sports betting and iGaming operator, has announced a new market access agreement with Revolutionary Racing Kentucky (RRKY). This agreement will allow BetMGM to bring its online and retail sports betting platform to Kentucky once legalized sports betting launches. The companies will also open a retail BetMGM Sportsbook at Sandy's Racing & Gaming. BetMGM will offer online sports betting capabilities as soon as Kentucky's regulated market commences and pending licensure and regulatory approval.
August 07, 2023 | 1:48 pm
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The agreement with Revolutionary Racing Kentucky allows BetMGM, a subsidiary of MGM Resorts, to expand its sports betting platform to Kentucky, pending regulatory approval. This could potentially increase MGM's customer base and revenues.
The expansion of BetMGM's sports betting platform to Kentucky could potentially increase MGM's customer base and revenues. However, this is dependent on regulatory approval and the commencement of Kentucky's regulated market.
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IMPORTANCE 75
RELEVANCE 100