BetMGM Launches in Puerto Rico

This week BetMGM announced that it has launched its online mobile sportsbook in the US territory of Puerto Rico.

The sportsbook is the product of a distribution agreement between MGM Resorts and Casino del Mar, a land casino located inside the La Concha Resort. The app will allow customers to bet on a variety of sports, with in-play, standard bets, future bets, and parlays all available. The product will be tied into the MGM Resorts loyalty program, where players can earn and redeem points at various MGM properties throughout the United States.

Sportsbetting in Puerto Rico was legalized in the territory last February, and BetMGM was the first retail sportsbook to launch, having opened its operation at Casino del Mar's physical casino.

Commenting on the launch, BetMGM CEO Adam Greenblatt said, "BetMGM is ecstatic to become the first operator to deliver mobile sports betting to Puerto Rico. This collaboration between local officials and Casino del Mar provides a safe, responsible and entertaining product accessible from anywhere on the island."

Casino del Mar GM Sigfrido De Jesus also commented, adding: "Puerto Rico is once again at the forefront of the sports betting industry. In addition to being an attraction for sports fans, this will have a positive impact on the revenues of the Treasury.

"We are pioneers in the sports wagering industry, and we are elevating sports to the next level by developing trustworthy and user-friendly technology tools.

"Creating this technological alliance with a company of BetMGM's caliber has allowed both Casino del Mar and the government to learn about innovation in the betting industry."