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BetMGM
AddedFeb 16, 2024
UpdatedJul 5, 2026
BetMGM

BetMGM

Seed

BetMGM: A pioneering leader in sports betting and online gaming, powered by MGM Resorts and Entain.

HQ
Jersey City, NJ, US
Founded
2018
Overview
Analysis
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Fundraising
Employees
News
Website

BetMGM is an American online sports betting and iGaming operator formed in 2018 as a joint venture between MGM Resorts International and Entain Holdings. The company runs a sportsbook, online casino, poker, and horse-racing wagering app across licensed U.S. states and Ontario, and acts as the exclusive sports betting partner of MGM Resorts both online and inside MGM casino properties.

BetMGM delivers real-money wagering on professional, college, and international sports alongside online slots, table games, and poker through state-licensed mobile apps and retail sportsbooks. The company reports multi-billion-dollar annual net revenue and is led by Chief Executive Officer Adam Greenblatt from its Jersey City, New Jersey headquarters.

BetMGM - Products & Services

  • BetMGM Sportsbook & Casino logo

    BetMGM Sportsbook & Casino

    BetMGM Sportsbook & Casino is a U.S. real-money sports betting and iCasino app from BetMGM.

    Competing Products

    DraftKings logo
    FanDuel logo

BetMGM - Similar Companies

FanDuel logo

FanDuel

fanduel.com

DraftKings logo

DraftKings

draftkings.com

Sports Gambling Guides logo

Sports Gambling Guides

Bet Booth logo

Bet Booth

betbooth.com

Openbet logo

Openbet

openbet.com

Derby Games logo

Derby Games

Prophet logo

Prophet

Simplebet logo

Simplebet

simplebet.io

Novig logo

Novig

novig.us

Betr logo

Betr

betr.app

Ebet logo

Ebet

ebet.gg

Betmo logo

Betmo

betmo.com

Mojo logo

Mojo

mojo.com

Global Pari-Mutuel Services logo

Global Pari-Mutuel Services

WagerLab logo

WagerLab

wagerlab.app

BetMGM - Quick Facts

Who are BetMGM's competitors?

Companies similar to BetMGM include FanDuel, DraftKings, Sports Gambling Guides and Bet Booth.

When was BetMGM founded?

BetMGM was founded in 2018.

Where is BetMGM's headquarters located?

BetMGM's headquarters is located in Jersey City, NJ, US.

When was BetMGM's last funding round?

BetMGM's most recent funding round was for $25.1k (USD) in October 2022.

How much has BetMGM raised to-date?

As of Oct 28, 2022, BetMGM has raised a total of $25.1k (USD).

How many employees does BetMGM have?

BetMGM has 1,420 employees as of Jul 5, 2026.

BetMGM - Classification

Industry
  • Gambling Companies
Ownership
  • Private
Geographic Exposure
  • United States
Model
  • Platform
Revenue
  • Transactional
Customer
  • Consumers
Tags
  • eSports
NAICS
  • 713200Gambling Industries
  • 713290Other Gambling Industries
  • 710000Arts, Entertainment, and Recreation
  • 713000Amusement, Gambling, and Recreation Industries
SIC
  • 7900Amusement And Recreation Services
  • 7990Miscellaneous Amusement And Recreation Services
  • 7999Amusement And Recreation Services, Not Elsewhere Classified
Show 2 more industry codes
SIC
  • 7920Theatrical Producers (except Motion Picture), Bands, Orchestras
  • 7929Bands, Orchestras, Actors, And Other Entertainers And Entertainment