BetMGM Envisions Big Opportunities for New York Sports Betting
New York has slowly but steadily opened up the sports betting market in the state. It has been equally slow as it has been steady. The first hurdle was to get the governor to sign off on legislation that allowed physical sportsbooks to open.
Despite that materializing, the legislation that would allow online sports betting in New York has been a more difficult issue. Most believe that New York cannot ignore the massive success online sports betting has in states where it has been legalized.
Huge revenue problems in New York may help to compel the obvious from finally happening. New York is one of the world’s largest sports markets, and online sportsbooks are primed and ready. One of those is the sports betting arm of a well-known international casino and gaming company. Let’s look at BetMGM’s prospects as a sportsbook in New York.
BetMGM New Account Welcome Bonus
BetMGM wants to show its appreciation for new customers. They are offering a welcome bonus to help attract new sports bettors and make them feel welcome. The BetMGM bonus code currently offered in active states should mirror what will be extended in New York.
Once you sign up for a New York BetMGM sportsbook account and your first deposit is in you get access to a $600 risk-free bet. So, if you place a $600 wager you cannot lose, if anything you will be credited site credit from BetMGM. However, you could also win the bet!
Projected BetMGM New York Bonus Codes
Bonus Code Details
|BetMGM Expected Bonus Code||LINEUPS|
|BetMGM Sportsbook Bonus||First bet risk-free up to $600|
|Eligibility||First-time depositors in the state of New York|
|New York Account Requirments||Must be 21+ years of age, and physically in New York with geolocation turned on.|
BetMGM Sportsbook Review
MGM is one of the most internationally recognized names in the casino and gambling industry. BetMGM is the sports betting operations for MGM Resorts International. The company was founded in 1987 as MGM Grand, Inc. and changed to MGM Mirage in 2000.
The MGM name came from the Metro-Goldwyn-Mayer movie studio that was owned by founder Kirk Kerkorian. In 2010, shareholders elected to change the name to MGM Resorts International.
The name change was representative of the company’s increased focus on full resort casinos providing luxurious accommodations for guests. It also laid a foundation for MGM to coordinate facilities for sports bettors.
MGM had decades of experience providing sports bettors with the ultimate experience. The MGM Grand opened in Las Vegas in 1993. Inside the luxurious hotel, the complex is the MGM Sportsbook.
It would be more than a quarter-century before opportunities for sports betting would be open to states outside Nevada. When the U.S. Supreme Court removes the federal ban on sports gambling, MGM was in a prime position to spread across the country.
The first sportsbook to launch in New Jersey was at the Borgata Hotel and Casino in Atlantic City; an MGM Resorts International owned facility. It has been labeled the gold standard for sports betting.
The first venture into online sports betting for MGM was through its playMGM brand. However, there was clearly a need for improvement to meet the massive sports betting market’s need to unfold across the U.S.
Through a joint venture between GVC Holdings and MGM Resorts International, the company launched an exclusive sports betting platform renamed BetMGM. Both the BetMGM website and mobile got a tremendous boost from the upgrade built by Roar Digital.
With a new and exciting mobile app and website experience ready for sports bettors, MGM began to establish a solid foundation in one of the most populated and sports heavy states in the country.
In January 2019, MGM purchased the Yonkers Raceway and Empire City Casino in New York. Since the launch of sports betting across the country, BetMGM has added several states in addition to its original operation in Nevada.
However, even though successful thus far in West Virginia, New Jersey, Indiana, and Colorado, BetMGM has its eyes on the vast potential in the New York sports betting market. MGM Resorts International also has ties to major sports leagues.
They have sponsor relationships with Major League Baseball, MLS soccer, the NBA, the WNBA, and the NHL. BetMGM has recently entered into a joint venture with the NFL’s Tennessee Titans franchise.
Having an internationally recognized name is a tremendous boost for BetMGM’s reputation as a sportsbook. The association with major sports leagues is a definite asset for BetMGM’s credibility. Let’s look at the welcome bonus that BetMGM is extending to new accounts.
How to Bet Using the BetMGM sportsbook mobile app
The transition from playMGM to BetMGM catapulted the BetMGM online sportsbook app. MGM launched its first sportsbook app as version 1.0. The PlayMGM app was a good mobile app, but much of the material was designed for online casino games, not sports betting.
To appeal to the sports bettor, someone who would change bets or make new wagers on the go, changes were necessary. MGM brought Roar Digital on board to redesign an app and website exclusively dedicated to sports betting.
BetMGM’s sportsbook app has now launched in multiple states. They are experiencing excellent success in West Virginia and Indiana. However, New York’s massive sports market is a target in the company’s sights.
The BetMGM sportsbook app offers all the traditional betting odds and sports. Roar Digital’s software design is quick and responsive. The organization of sports and individual game bets is a strong point of the BetMGM app. The mobile app and website both itemize categories neatly using a left sidebar.
BetMGM placed the “My Account” tab in the upper right-hand side of the header. This is where the new account process begins as well. Here are the steps you need to complete for a new account, followed by instructions for making a deposit and taking out a withdrawal.
New Account Sign Up
New BetMGM accounts can be opened on a phone or PC. The tab for creating a new account is visible in the top right-hand corner of the homepage. You’ll be asked to complete a short form with the following information. Once you click “submit,” you’re ready to make a deposit.
• First and Last Name
• Email Address
• Date of Birth
• Cell Phone Number
• Last four digits of your Social Security Number
• Choose and Answer two Security Questions
Making a Deposit
After confirming your new account information, you’ll be directed to your account page to make your first deposit. You can use any of these methods to deposit.
• PayPal Account
• Visa or MasterCard
• PayNearMe at a 7Eleven
• Cash at the Borgata Casino in Atlantic City, New Jersey
Making a Withdrawal
Once you’ve secured a new BetMGM account and made your first deposit, you’ll be ready to bet and win. BetMGM provides five easy ways to access your winnings and make a withdrawal from your account.
• PayPal Account
• Pick up Your Cash from a Cashier’s Window at the Borgata Casino
• Request a Check by mail
BetMGM Customer Support
BetMGM has customer support representatives available 24-hours a day, seven days a week. You can elect to call the direct telephone number or request answers to questions via email. Presently, there is no live chat option available on the website or the sportsbook mobile app.
BetMGM New York Frequently Asked Questions
- Is BetMGM legit?
- Is BetMGM live in New York?
- Is BetMGM available in New Jersey?
- Does BetMGM have a mobile app?
- Is BetMGM better than DraftKings?
- How can I deposit on BetMGM?
- What sports can I bet on with BetMGM?
- Can a New York resident bet using a BetMGM account in New Jersey?
- How large is the New York sports betting market expected to be?
- Do you have to be a resident of one of the four active states BetMGM is offered to have an account?
BetMGM is the sports betting operations for one of the most trusted names in international casino gaming and sports betting. With more than 20 years in the sportsbook industry, BetMGM is clearly one of the most legit options in the sports betting market.
No. New York has approved limited in-person sports betting to a handful of upstate casinos. The MGM Resorts International purchase of the Yonkers Raceway opens the door for a physical BetMGM location. BetMGM is also awaiting a pending launch for online sports betting in New York.
Yes. BetMGM was the first physical sportsbook to open in New Jersey. Through their license at the Borgata Hotel and Casino in Atlantic City, BetMGM’s sportsbook app is also available to sports bettors when they are located anywhere inside New Jersey state lines.
Yes. The original MGM sports betting app was part of the playMGM casino app. With a new impetus on sports betting arising across the United States, MGM hired Roar Digital to design a new mobile app specifically dedicated to the company’s sports betting operations.
BetMGM had a massive casino following and Las Vegas sportsbook prior to the lifting of the federal ban on sports betting. DraftKings had a head start with their extensive DFS customer base. BetMGM has a more visually appealing platform, but DraftKings has a slightly more diverse list of games.
The BetMGM sportsbook offers convenient ways to make a deposit. Players can use a Visa or MasterCard, PayPal, bank transfer, or deposit using an eCheck/ACH. Deposits can also be made using PayNearMe at a 7Eleven. Players can purchase a prepaid BetMGM card, or deposit using Skrill.
BetMGM posts a complete list of all the traditional odds for the major sports. Odds are posted for the three major U.S. sports, baseball, basketball and football. Bettors can also find odds on BetMGM for golf, hockey, boxing, MMA, NASCAR, soccer, tennis and Australian Rules Football.
Yes. New York residents, while prohibited from betting online until the laws are changed, are allowed to register for accounts with New Jersey sportsbooks, including BetMGM. Once an account is established, the account user only needs to be in New Jersey to make a legal bet.
The estimates for online sports betting alone in the Empire State are upwards of $900 million in annual revenue. When online sports betting projections are combined with estimates for additional brick-and-mortar openings, total revenue for sports betting in New York could exceed $1 billion.
No. Anyone can register for a BetMGM sportsbook account from anywhere in the U.S. You can make deposits and withdrawals as well. However, your location must be confirmed as inside one of the four legal states where BetMGM is approved to make a bet.
BetMGM New York App
Name: BetMGM New York App
Description: BetMGM, the online sportsbook of MGM Resorts International, is a massive entity in the sports betting market. Currently, BetMGM is already partnered with teams such as the Detroit Lions, Tennessee Titans, and Denver Broncos. BetMGM has been making waves as is vying for the top position in the American market.
Operating System: iOS, Android
Application Category: Game
Author: Matthew Amato
- User Interface
- Types of Bets
- Customer Support
- Promotions and Rewards
BetMGM’s app is one of the best betting experiences in the United States market. The only downfall is a bit of a cluttered UI. Once you get past this, the sportsbook, promotions, and support offered by BetMGM are second to none. The app has every sport you could want to be on, and then some. Live-game betting ensures it is never too late to get in on the action. You can construct parlays, teasers, and so much more with BetMGM. The new-user bonus allows the bettor so much flexibility and to really test out the sportsbook before committing their own money to it.
- Wonderful new-user bonus that is very bettor friendly.
- Live-game betting is a function that makes the sportsbook fun to use at anytime.
- Exisitng-user promotions are plentiful, and BetMGM constantly updates its promo tab each day with more values.
- One of the best customer support teams out of the major sportsbooks.
- User Interface and design of the app is cluttered.
- While promotions are nice, there are too many pop-ups, and the betting experience could be cleaner.