Sports betting for BetMGM customers is about to get better. BetMGM has made moves to amalgamate its app across state lines. The unified app will now be readily accessible to punters in West Virginia, Colorado, Indiana, and of course, New Jersey.
This means that bettors in these states will now be able to seamlessly utilize a single wallet and app whenever they travel to these different jurisdictions. The app will launch in Nevada in the coming year.
In partnership with Roar Digital and MGM Resorts’ joint venture with GVC Holdings, BetMGM offers punters state of the art mobile betting experiences. Overall, BetMGM has emerged as an industry leader in the sports betting market as we’ve covered here, managing to strike considerable partnerships with professional sports leagues further consolidating its coveted top position in the market.
It also leverages the power of superior in-class mobile technology, which has helped it in its expanded market reach. Punters in the various states where sports betting is already legal enjoy the flexibility and convenience of wagering from their phones, in-person at the Resorts’ sportsbook, or from a gaming kiosk, which are all things we’ve reviewed here. BetMGM’s direct link to MGM Resorts’ loyalty program known as MLife Rewards has also fueled considerable growth for the operator.
Sports betting is experiencing remarkable growth
It’s only been 2 years since the Supreme Court decision gave states the green light to legalize sports betting across various states in the country. this phenomenal growth has not only exceeded the expectations of many shareholders but it has also dramatically altered how sports leagues and the gambling industry carries out business.
U.S sportsbooks have recorded billions in bets since the Supreme Court struck down 1992’s PASPA that had effectively restricted sports betting in selected states such as Nevada for close to 27 years. More than 20 states so far enjoy a regulated sports betting market, with more scheduled to join the industry in the coming year.
In the next several years, industry experts predict that more than half the US state will offer legal sports betting of some form. So far, 12 states including Tennessee and Virginia which will only offer online betting, have already approved full-scale online sports betting. Of the total billions in dollar bets made, the majority of the bets were placed online.
The market is changing so rapidly that even all the major players in the gambling industry are also being forced to adjust their business outlook in a bid to fit and stand out in the burgeoning space. Case in point, FanDuel and DraftKings started as daily fantasy sports leagues but are now fully-fledged bookmakers and online casino operators with a huge market share in the NJ betting market.
As state legislature continues to become more laid back in favor of sports betting, the number of states willing to consider accelerating mobile sports betting and online gaming legislature to drive tax revenue will expand substantially especially after the pandemic outbreak.
Mobile sports betting stands as king of it all
As more and more lawmakers continue considering the regulation of sports betting, it has become clear that operators must make their products readily available to customers via internet-connected mobile devices. Indeed, sports betting in the world, as well as the country, is primarily done through mobile devices in both regulated and unregulated markets.
And it is very easy to see why. Mobile sports betting provides bettors with user convenience, a huge variety of wagering options, and more robust punter protection measures compared to in-person sports wagering at a casino or some other brick and mortar location. Regulated markets in states where sports betting is flourishing such as Pennsylvania and New Jersey demonstrate that the overwhelming majority of bets are placed on mobile devices.
This implies that states that have limited sports betting to casino locations are far less likely to post record-breaking numbers. For example, Delaware, which currently does not permit mobile sports betting, has seen its revenue trail behind other states.
Clearly, because there is no mobile betting in the state, Delaware hasn’t yet managed to capture the sports betting market in a meaningful way. It is this reason that it is losing revenue to other states and the offshore markets that have enabled mobile sports betting.
Meanwhile, the Garden State continues to grow month after month, managing to shatter its previous records with every move. For instance, in September 2019. New Jersey blew past its own national record, taking more than $748 million in bets from sports gamblers. So far, casinos and tracks in the state have taken in almost $3.3 billion in sports bets alone.
If other states have any chance of replicating sports betting successes experienced in states like New Jersey, they must absolutely allow customers a heightened level of convenience when it comes to the registration of new accounts, deposit and withdrawal options, as well as placing bets.
The BetMGM app is available on all platforms, both iOS, and Android, and over the years, it has grown to become one of the most highly sought-after apps in the market. The app offers sports lovers an array of seamless wagering experiences.
Bettors can place a wide array of pre-match and in-play wagers on professional, as well as collegiate football, NHL, NBA, MLS, as well as MLB. BetMGM features the latest wagering odds and offers customers some of the best bonuses available. These among other reasons are why BetMGM keeps growing by leaps and bounds.
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