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Gambling in the USA

MGM Resorts First to Market with Mississippi Sports Wagering

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  • Beau Rivage Resort & Casino and Gold Strike Casino Resort Open Era of Legal Sports Wagering in Mississippi
  • Resorts share honor of taking the First Legal Sports Bet in Mississippi holding simultaneous events at opposite ends of the Magnolia State

BILOXI and TUNICA, Miss.Aug. 1, 2018 – History was made today in Mississippi, as two Magnolia State resorts, Beau Rivage Resort & Casino in Biloxi and Gold Strike Casino Resort in Tunica, held simultaneous events to usher in the era of legal sports wagering.

The resorts, part of the MGM Resorts International portfolio (NYSE: MGM), both accepted their first sports wagers at 12:00 p.m. CT and now share in the distinction of taking the first sports wagers in Mississippi under newly created state regulations permitting licensed casino operators to establish legal sports books.

“MGM Resorts is proud to once again assume the leadership position in the hospitality industry,” said Jim Murren, chairman and chief executive officer of MGM Resorts International. “Sports wagering is a rapidly growing, exciting new entertainment opportunity for our company. We were proud to take the first sports wager in Atlantic City in June and today the first legal sports wager in two locations in Mississippi.”

As a part of the MGM Resorts International portfolio, Beau Rivage and Gold Strike launch sports wagering operations with the strong support of MGM’s more than 25 years of sports wagering operations experience in Nevada, where the company’s resorts combine to write more than 4 million sports wagers each year with an annual handle of more than $1 billion.

“This is a banner day for Beau Rivage and all of Mississippi and we are proud to lead the way on the Mississippi Gulf Coast,” said Bill Boasberg, president & chief operating officer of Beau Rivage Resort & Casino. “Here in the heart of the South, home to some of the most ardent sports fans in the world, we open a whole new era of sports entertainment and we do it on the eve of football season. What could be better?”

At 12:00 p.m. CT, a group of local dignitaries and legendary sports figures stepped up to the newly constructed sports wagering windows in the Beau Rivage Casino in Biloxi for the honor of placing the first legal sports wagers in Mississippi history. Among them, Willis McGahee, former Miami Hurricanes Running Back and 2-time NFL Pro Bowler; Robert Royal, former Louisiana State Tigers All-American Tight End and NFL star; Legendary Oddsmaker Danny Sheridan; Mississippi Gaming and Hospitality Association Exec. Dir. and Former Mississippi Gaming Commission Exec. Dir. Larry Gregory.

Meanwhile, 350 miles to the north in Tunica, a similar group approached the new sports betting windows at Gold Strike Casino Resort in Tunica to place bets. Among those given the honor of placing a First Bet at Gold Strike were Stanley Morgan, UT Knoxville Wide Receiver and 4-time NFL Pro Bowler; Former Mississippi Gaming Commission Chairman Nolen Canon; Mississippi Senate Tourism Committee Chair Lydia Chassaniol; Mississippi House Gaming Committee Vice-Chair Rep. Cedric Burnett.

At the stroke of noon, the bets were officially entered and ticketed and the Mississippi gaming industry entered a new era of sports entertainment.

The date of these historic first Mississippi sports wagers coincides with the 26th anniversary of the first casino bet made in Mississippi’s modern casino age – a legendary dice roll at the Isle of Capri in Biloxion August 1, 1992.

David Tsai, president and chief operating officer of Gold Strike Casino Resort, heralded the arrival of sports betting with his customers and employees in Tunica.

“This is a defining moment in Gold Strike’s nearly 24-year history,” said Mr. Tsai. “Sports fans have long waited for this day and we are proud to be the first to offer our customers this exciting new opportunity to engage with their favorite sports and teams. We are honored to be a part of Mississippigaming history.”

Both Mississippi resort executives anticipate the new offering will generate new interest, excitement, and economic benefits for their resorts and communities. That prediction will prove prophetic should Southern sports fans respond in the same manner as their Northern counterparts.

Customer reaction to the introduction of legal sports wagering in New Jersey has exceeded expectations. New Jersey regulators report that sports betters placed more than $16 million in wagers in just the first two weeks sports bets were legal in the state. The new offering boosted Borgata’s overall gaming revenues to a record month of more than $65 million, the best June performance in the resorts’ 15-year history.

Beau Rivage and Gold Strike Sports Books are operating out of provisional sports betting windows due to the rapid arrival of legal sports wagering in Mississippi, just two months after the US Supreme Court overturned the federal law restricting sports betting. Both resorts are in the final stages of design for future sports book offerings. Details and timelines of those enhancements will be announced at a future date.

About Beau Rivage Resort & Casino
Located on the Mississippi Gulf Coast in Biloxi, MGM Resorts International’s Beau Rivage Resort & Casino was named one of 2017’s Top 10 “South’s Best Resorts” by Southern Living. The AAA Four Diamond resort features 1,740 elegantly appointed guest rooms and suites, 10 restaurants, an 85,000-square-foot gaming area, a 1,550-seat theatre, an upscale shopping promenade, a world-class spa & salon and Fallen Oak, a Tom Fazio-designed championship golf course. For more information and reservations, call (888) 567-6667 or visit www.beaurivage.com.

About Gold Strike Casino Resort
Gold Strike Casino Resort is MGM Resorts International’s 1,200-room resort located 20 minutes south of Memphis in Tunica, Mississippi. The resort includes deluxe rooms and suites, 30,000-square-foot conference and convention center, casino, high-limit gaming area, Chicago Steakhouse and Buffet Americana. Gold Strike also features a refreshing spa, the 800-seat Millennium Theatre, Atrium Café and 50,000 square feet of gaming space with 63 table games and more than 1,100 slot machines. For reservations or information, call 888-245-7529 or visit www.goldstrike.com.

About MGM Resorts International
MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 28 unique hotel offerings including some of the most recognizable resort brands in the industry. Expanding throughout the U.S. and around the world, the company opened MGM Cotai in Macau inFebruary 2018. It is also developing MGM Springfield in Massachusetts and debuting the first international Bellagio branded hotel in Shanghai. The 78,000 global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine’s World’s Most Admired Companies®. For more information visit us at www.mgmresorts.com.

SOURCE MGM Resorts International

CONTACT: BEAU RIVAGE: Mary Cracchiolo Spain, 228.386.7134 office, 228.547.8473 cell, [email protected]; GOLD STRIKE: Keisha Oliver, 662.357.1166 office, 662.541.1272 cell, [email protected]

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Gambling in the USA

Gaming Americas Weekly Roundup – June 10-16

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Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.

Latest News

The Michigan Gaming Control Board recently convened a panel discussion focused on college sports betting regulations and compliance measures. The June 3 informative session offered insights into the intricacies of governing college sports betting, emphasising the importance of maintaining integrity within the industry.

Traderland.io, an innovative interactive trading simulator gaming universe, has officially launched. The dynamic trading platform offers users the chance to immerse themselves in a socially-driven game landscape while honing their investment and asset-trading skills. Since its initial release, Traderland.io has rapidly gained popularity, attracting over 15,000 users.

Oxygen Esports announced the establishment of Quick Fix Media (QFM), a new, independent esports content and media incubator. QFM’s charter provides material and strategic assistance to community-based esports news, content and media outlets, to support their growth in esports coverage and community cultivation.

Fanatics Betting & Gaming has appointed Selena Kalvaria as Chief Marketing Officer to lead brand development, leveraging an integrated marketing approach to drive creativity and growth through oversight of Brand Management, Media, Content, Creative and Communications. Selena joins Fanatics’ betting division after three years at luxury label Gucci, where she was most recently SVP, Brand & Client Engagement for its Americas business.

Boyd Gaming Corporation announced the appointment of Michael A. Hartmeier to its Board of Directors. Hartmeier is the former group head of lodging, gaming and leisure investment banking for Barclays, and previously served as group head for hospitality and gaming for both Lehman Brothers and Credit Suisse First Boston.

Mohegan announced the promotion of Nelson Parker as the company’s Chief Strategy Officer. Parker was previously the SVP of Strategic Development for Mohegan. In this new role, Parker is responsible for identifying, assessing and executing growth opportunities and strategic new ventures for the company.

RotoWire.com has launched its latest innovation: the “Picks & Props” app. Unveiled within the app store earlier this month, it is now easier than ever to stay up to date on recommendations and predictions for all fantasy pick’em and players props from any mobile or tablet device.

Partnerships

Blazesoft’s Zula Casino has entered into a partnership with Casimba Gaming, which will see it become its newest aggregation partner. Through this alliance, Habanero’s hit slot titles like Laughing Buddha, Disco Beats and Lucky Lucky were launched on ZulaCasino.com. With the popular online social casino gaining access to Casimba Gaming’s entire content portfolio from more than 95 of the industry’s top studios, users can discover fresh titles in the lobby’s “New” category.

The Atlantic Coast Conference (ACC) and Integrity Compliance 360 (IC360), formerly U.S. Integrity and Odds On Compliance, have announced a comprehensive partnership. This partnership will provide each ACC member institution access to Integrity Compliance 360’s integrity monitoring technology and data insights. The proprietary integrity monitoring technology analyses various data sets to identify irregular contest-level officiating and wagering patterns proactively.

Midnight Gaming Corporation announced that it has entered into a Venue Event Booking Services Agreement with Compass Arena. The agreement gives Midnight a five year exclusive service period to provide esports and gaming events, conventions and tournaments to Compass.

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Gambling in the USA

Gaming Americas Weekly Roundup – June 3-9

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Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.

Latest News

BetConstruct is set to showcase its extensive array of leading-edge products and solutions at the Peru Gaming Show, Jockey Exhibition Centre, Lima, from June 12 to 13. The Peru Gaming Show (PGS), with 21 years of history, is Latin America’s largest gaming fair bringing together top brands, slot machine manufacturers, software developers and platforms for online games and sports betting.

OLG has begun the process of selecting a technology platform provider to replace aging, back-end lottery technology systems. On May 31, 2024, a Request for Proposal (RFP) was posted on MERXTM to initiate this work. The future implementation of a new lottery platform will give OLG the foundation needed to capitalise on emerging technological trends and offer market-leading products and experiences.

Jackpot Digital Inc., a leading manufacturer of electronic multiplayer dealerless poker tables, announced that it has completed the installation of one Jackpot Blitz casino machine at Gray Wolf Peak Casino, located in Missoula, Montana. Currently, the Company has over 70 Jackpot Blitz tables in the field. The Company’s order book continues to grow and now includes more than 90 additional Jackpot Blitz tables, an increase of approximately 120% over the current installation base.

Bragg Gaming Group announced the appointment of Robbie Bressler as interim Chief Financial Officer, effective July 1, 2024. Bressler brings a wealth of experience to the role, previously holding senior finance positions, including SVP Finance, at Bally’s Corporation, Gamesys Group plc and The Intertain Group Ltd. He is currently serving as CFO of ForumPay Ltd., a crypto payment processing company. He began his career at Ernst & Young, where he spent over a decade in their financial services assurance group.

Evolution announced that its highly successful, world-leading Crazy Time live game show has launched to online players in Pennsylvania and West Virginia. Pennsylvania and West Virginia have become the latest states to join Crazy Time’s much-anticipated US rollout, following the game show’s US debut in New Jersey in December last year.

Partnerships

PENN Entertainment has announced that it has reached an agreement with Golf Canada on a multi-year extension for theScore BET to continue as the organisation’s exclusive Official Gaming Partner. The partnership includes sponsorship of Canada’s marquee national golf championships, the RBC Canadian Open and CPKC Women’s Open.

BetMakers Technology Group Ltd has announced that it has signed two-year market access and content agreements with bet365 relating to New Jersey and Colorado. Under the agreements, bet365 will be licensed by BetMakers to offer fixed odds bets on thoroughbred horse racing to bet365 customers within New Jersey. Bet365 will also be licensed to distribute BetMakers’ thoroughbred racing content to bet365 customers in New Jersey and both thoroughbred and harness racing in Colorado.

Pragmatic Play, a leading content supplier to the iGaming industry, has reinforced its commitment to Latin American expansion by strengthening its existing relationship with Colombian operator FullReto. The latest agreement will see FullReto offer its players a broad selection of Pragmatic Play’s unique Virtual Sports titles, building on an already extensive offering of over 300 Slots and Live Casino games.

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Gambling in the USA

Gaming Americas Weekly Roundup – May 27-June 2

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Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.

Latest News

DraftKings Inc. announced the completion of its previously announced proposed acquisition of Jackpocket Inc. This acquisition empowers DraftKings to tap into the expansive U.S. lottery vertical, while expanding its position in sportsbook and iGaming by enhancing customer lifetime value and bolstering customer acquisition capabilities.

ODDSworks announced that Kunal Mishra has been appointed as Chief Strategy Officer and COO, enhancing its leadership team. Prior to joining ODDSworks, he was Chief Operating Officer – Americas, for Bragg Gaming Group where he was instrumental in expanding the company’s day-to-day business operations throughout America.

Caesars Entertainment and the World Series of Poker (WSOP) announced the launch of an all-new real-money poker platform, WSOP Online that combines player pools in Michigan, Nevada, and New Jersey into one network. The move makes online poker history, as WSOP becomes the first poker operator to pool liquidity across three U.S. jurisdictions.

Galaxy Gaming has appointed Steve Kopjo as the company’s new Chief Financial Officer. Amid an impressive career in the gaming industry, Kopjo joins Galaxy Gaming on May 28, bringing extensive experience from senior finance and accounting positions held at various publicly traded gaming companies.

Harrah’s Cherokee Valley River has opened its casino floor addition, representing a significant milestone in a $275 million expansion project. Spanning 25,000 sq. ft., the extended casino floor features a curated selection of gaming options. Players can now try their luck at one of the 300 new slot machines or eight additional table games.

Partnerships

Carnival Cruise Line is welcoming more casino players to join the fun on board its fleet of 27 ships by partnering with Bally’s Corporation, one of the world’s leading gaming and entertainment companies, to extend cruise benefits to Bally’s Rewards guests. In addition to special events, Bally Rewards’ Legend, SuperStar and Star tier guests are now eligible for complimentary and discounted Carnival cruises. The new partnership between Carnival and Bally’s also extends the reach of both brands.

International Game Technology PLC announced that its subsidiary, IGT Global Solutions Corporation, has extended its contracts with the Mississippi Lottery Corporation for an additional three years to continue providing online gaming systems and instant ticket services through Dec. 1, 2029. As part of the agreements, IGT will deploy a mobile convenience app, new GameTouch 28 self-service terminals and its Sales Wizard retail automation tool.

SCCG Management announced its role as the title sponsor for the highly anticipated 1st FightPFC Rio Challenge, set to take place on July 20, 2024, at Legustarecreio. Pillow Fight Championship is the world’s first professional pillow fighting league, featuring professional fighters engaging in intense, fast-paced and family-friendly combat. This unique sport, renowned for being a safe alternative to traditional combat sports, offers cardiovascular benefits and an exhilarating experience for participants and spectators alike.

Betlounge is the new website integrated with Pay4Fun. The platform arrived to bring a wide range of entertainment options to the Brazilian public. Betlounge’s interface is fun and simple, making navigation easy and fun. In addition, the site offers a wide selection of bonuses, promotions, agile support, among other resources.

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