🗓️ 2018: The Birth of BetMGM
- Partnership between MGM Resorts International and GVC Holdings announced.
- Launch of BetMGM brand as a sports betting and online gaming platform.
| Event | Date |
|---|---|
| BetMGM Launch | July 2018 |
📈 2019: Expansion of Services
- BetMGM gradually expanded its offerings to include online poker and casino games.
- Launched operations in New Jersey, one of the first states to legalize sports betting.
| Event | Date |
|---|---|
| New Jersey Launch | January 2019 |
| Introduction of Online Poker | April 2019 |
🌎 2020: Growing Popularity
- Significant increase in user base during the COVID-19 pandemic where online gaming became popular.
- Launched BetMGM’s mobile app to enhance user experience.
| Event | Date |
|---|---|
| Mobile App Launch | September 2020 |
📊 2021: Industry Leadership
- BetMGM became a leading brand in the online sports betting market in the U.S.
- Raised over $1.1 billion in funding to support expansion efforts.
| Event | Date |
|---|---|
| Funding Round | February 2021 |
| Market Expansion | Throughout 2021 |
🚀 2022: Innovations and Partnerships
- Introduced advanced features including live sports betting and same-game parlays.
- Expanded partnerships with major sports leagues including the NFL and NBA.
| Event | Date |
|---|---|
| New Betting Features | March 2022 |
| League Partnerships | August 2022 |
🔮 2023: Current Trends and Future Directions
- Continued growth in user engagement and platform enhancements.
- Investment in responsible gaming initiatives to promote safety among users.
| Event | Date |
|---|---|
| Responsible Gaming Initiatives | January 2023 |