BetMGM Rewards over $75M through Online Casino in Pennsylvania
LISTEN TO THIS ARTICLE:Rare as they may be, landing a massive jackpot at a physical or online casino undeniably adds a thrilling element to the game. Moreover, it significantly benefits the business, exemplified by BetMGM's impressive performance in Pennsylvania.
BetMGM Makes Millionaires
BetMGM Pennsylvania has already surpassed last year's total in prizes, having awarded $74.7 million in progressive jackpots through this past June. In addition, two of the most significant jackpots at BetMGM have been claimed by players hailing from Pennsylvania, to add even more excitement to their gaming experiences.
As is the case with the land-based segment, MGM Resorts dominates the realm of online casinos through BetMGM, particularly in Pennsylvania. Through the first half of the year, BetMGM has already raised the bar in progressive jackpot payouts. Moreover, the operator is set to give a staggering $150 million in player bonuses throughout the year, surpassing the grand total of $104 million given out in 2022.
The slots designed by Entain, found exclusively on the BetMGM platform, accounted for 41% of the total jackpot winnings. In contrast, IGT, NetEnt and Light & Wonder, among other slot providers, combined for the rest.
With an extensive collection of over 1,500 online casino games, BetMGM blends the perfect combination of entertainment and thrill. Among its top favorites are those the company has developed itself. BetMGM boasts 85 in-house games, and its dedication to creating even more exciting options continues to thrive.
Controlling the Market
Proven by the recent Q1 2023 financial health report, BetMGM asserts its dominance as the leading online casino operator in the US. Among all of the players, including Wynn Resorts, Caesars and others, it controls 27% of the market.
BetMGM stands as a significant player among operators in Pennsylvania. With an array of renowned brands, including BetMGM, DraftKings, Barstool and PointsBet, Hollywood Casino has emerged victorious this year, amassing the highest revenue of $426.1 million.
Taking a backseat, Rivers Philadelphia, closely associated with BetRivers, Borgata and Sugarhouse, secured second place. It has only been able to account for $209.4 million of the state's total, according to its financial report.
BetMGM is a joint venture between MGM Resorts and Entain, a global gaming supplier. It has found widespread success in the US mainland and recently added Puerto Rico. Following the approval of its license application, BetMGM launched the first mobile sports betting app there at the beginning of June.
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