After forming a strategic cooperation with the Casino del Mar at La Concha Resort, BetMGM has obtained its first market access agreement outside of the US mainland.
Subject to regulatory permissions, the sports betting and online gaming company will expand its retail and mobile sports wagering capabilities to Puerto Rico.
Adam Greenblatt, BetMGM CEO said: “This marks a major milestone for BetMGM, as we share plans to bring our sports betting platform outside of the US mainland for the first time.
“La Concha Resort is an ideal partner, and together we look forward to bringing BetMGM’s retail and mobile sports betting experiences to sports fans across Puerto Rico.”
With the launching of a retail sportsbook at the San Juan-based beach resort and the introduction of the BetMGM mobile app throughout Puerto Rico, BetMGM will offer both retail and mobile sports betting as part of the deal, subject to clearances.
As soon as the regulated market opens in the region, BetMGM and La Concha Resort plan to offer sports betting.
Best gaming experience on the island
The general manager of Casino del Mar at La Concha, Sigfrido De Jess, said: “At Casino del Mar at La Concha Resort we strive every day to provide the best gaming experience on the island and this new venture alongside BetMGM is a great example of this.
“Sports fans in Puerto Rico will now add excitement to their pastime with the possibility of winning more than just a game by their favourite team. BetMGM is the perfect addition to our cutting-edge gaming offerings with high-tech slot machines and card tables, available 24/7 at our casino.”
Welcome for economic development
The Puerto Rico Gaming Commission’s executive director, Orlando Rivera Carrión, added: “The government of Puerto Rico welcomes this partnership for the economic development of our island.
“This new project will promote and encourage the growth of the gaming industry in Puerto Rico, all while implementing a public policy that encourages the development of new jobs and maximising the income and resources of the government of Puerto Rico. I trust in the success of this partnership and reiterate my total commitment to this initiative.”