BetMGM Announce Launch of iGaming Product in Pennsylvania
BetMGM announced last Friday that it has successfully launched in the Pennsylvania iGaming market.
In a statement, BetMGM CEO Adam Greenblatt said that the company is excited to launch its igaming product in the Keystone State. According to Greenblatt, players can register or connect their M Life Rewards membership with their BetMGM app account. This will enable them to earn M Life points which can be redeemed in MGM resorts across the United States:
“With more than 140 different games, including our own in-house progressive jackpot network, we’re delivering the widest range of content currently available in the state. Alongside MGM Resorts and its M life Rewards program, BetMGM will provide players with a truly unique entertainment experience.”
No Ties to a Land-Based Casino
BetMGM’s entrance in the Pennsylvania iGaming market comes with no ties to a land-based casino. The Keystone State passed a law in 2018 that allowed the Pennsylvania Gaming and Control Board the power to issue certificates to qualified gaming entities (or QGE) which are defined as companies that are active in online casino wagering in other U.S. states or foreign countries.
The Keystone State has three certificates for slot providers, three more for table game operators, and four peer-to-peer poker apps with each certificate costing $4M. BetMGM will offer both slot and table games in the Pennsylvania iGaming market. The company also offers its iGaming services in New Jersey, Nevada, and West Virginia.
BetMGM Eyeing Pennsylvania Sports Betting Market
While the certificates issued to QGEs does not include a sports betting, BetMGM revealed last Friday that it is in the process of securing the necessary license to offer sports betting in Pennsylvania. With the Keystone State emerging as the third largest sports betting market in the United States.
Last month, BetMGM announced a partnership with the NFL’s Pittsburgh Steelers. The deal made BetMGM the first betting company to partner with the Steelers. If BetMGM’s sports betting license is approved, it will also become an official sports betting partner of the Steelers.
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