A leading iGaming operator has collaborated to establish an online betting platform and retail sportsbook in Kentucky. BetMGM, which does both sports betting and iGaming, has joined forces with Revolutionary Racing Kentucky to announce a groundbreaking market access agreement.
This partnership paves the way for BetMGM to introduce its comprehensive online and retail sports betting platform to Kentucky upon the launch of legalized sports betting. As part of this venture, a state-of-the-art retail BetMGM Sportsbook will also grace the landscape of Sandy's Racing & Gaming, solidifying the companies' commitment to delivering an exhilarating and responsible gaming experience.
A Winning Partnership for Kentucky Sports Fans
Kentucky, a state steeped in sports history and fervent fandom, is set to welcome the dynamic duo of BetMGM and Revolutionary Racing Kentucky. This strategic alliance not only promises a thrilling gaming experience but also underscores a commitment to the state's economic growth through job opportunities and tax revenue. The CEO of BetMGM, Adam Greenblatt, expressed enthusiasm for the collaboration, stating,
"Revolutionary Racing is an ideal partner, enabling us to deliver an entertaining and responsible gaming experience, while investing in the state through job creation and tax revenue."
Both Entities Gearing Up for an Exciting Future
BetMGM is poised to usher in a new era of online sports betting in Kentucky, pending licensure and regulatory approvals. The operator is primed to offer an engaging online sports betting platform once the state's regulated market officially launches.
Simultaneously, preparations are underway for the debut of a state-of-the-art retail BetMGM Sportsbook at Sandy's Racing & Gaming. This fall, visitors can anticipate a 5,200 square-foot haven for sports enthusiasts, further elevating the gaming experience in Kentucky.
Revolutionary Racing Kentucky is also making waves in the gaming landscape, with plans to construct Kentucky's first quarter horse racetrack and equestrian center. Spanning 182 acres adjacent to Sandy's Racing & Gaming, this ambitious project is slated to host its inaugural races in 2025, marking a significant milestone in Kentucky's rich equestrian tradition.
Ashland To Benefit From Partnership
Revolutionary Racing CEO Prentice Salter emphasized the significance of partnering with BetMGM, heralding the partnership as a testament to their commitment to excellence. Salter noted, "We promised to bring a world-class facility to Ashland and wanted a world-class partner for online sports wagering across the Commonwealth and at our sportsbook lounge. We've got that with BetMGM."
Responsible Gaming A Priority
BetMGM has stated that during its expansion into new markets, responsible gambling education remains at the forefront of its mission. The operator is dedicated to providing resources that empower customers to play responsibly.
Through initiatives like GameSense, an industry-leading program developed in collaboration with the British Columbia Lottery Corporation, BetMGM ensures that customers can enjoy an entertaining and secure gaming experience. This commitment to responsible gaming aligns with BetMGM's existing tools, designed to foster a safe and enjoyable digital gaming environment.
About BetMGM and Revolutionary Racing
BetMGM stands as a trailblazing force in the sports betting and gaming entertainment sector, driven by a pioneering partnership between MGM Resorts International and Entain Plc. With exclusive access to MGM's American land-based and online sports betting, major tournament poker, and online gaming enterprises, BetMGM utilizes state-of-the-art technology to deliver sports betting and online gaming under renowned brands like BetMGM, Borgata Casino, Party Casino, and Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey.
Revolutionary Racing takes center stage as a premier developer, driving projects at the intersection of gaming and horse racing. Their track record of collaboration with regulators, partnerships with horse racing groups, and community investments highlights their role in generating jobs, tax revenues, and revitalizing horse racing. With a track record of over $4 billion in economic development, Revolutionary Racing continues to spearhead transformative projects.