📅 Early Beginnings of BetMGM (2018)
- Launch of BetMGM: BetMGM was founded as a joint venture between MGM Resorts and GVC Holdings.
| Event | Date | Significance |
|---|---|---|
| Official Launch | July 2018 | Marked the entry of MGM into the online gambling market. |
🚀 Expansion Phase (2019-2020)
- State Licenses Acquired: Secured licenses in several states, including New Jersey and Pennsylvania.
- Mobile App Launch: Introduced a mobile app to improve accessibility for users.
| Event | Date | Significance |
|---|---|---|
| New Jersey Launch | August 2019 | First state to offer BetMGM products, establishing a solid customer base. |
| Mobile App Release | December 2019 | Enhanced user experience with mobile betting options. |
📈 Major Milestones (2021)
- Partnerships Formed: Collaborated with major sports leagues and teams.
- Product Expansion: Added new sports and casino games to the platform.
| Event | Date | Significance |
|---|---|---|
| NFL Partnership | March 2021 | Gained visibility and recognition in the competitive sports betting market. |
| Introduction of Live Dealer Games | September 2021 | Enhanced gaming experience with new live interaction features. |
🌍 Current Developments (2022-Present)
- Global Expansion: BetMGM starts expanding its services to international markets.
- Community Initiatives: Launched responsible gaming initiatives and community outreach programs.
| Event | Date | Significance |
|---|---|---|
| International Licensing | June 2022 | Allowed operations in new countries, diversifying the player base. |
| Launch of Responsible Gaming Programs | January 2023 | Addressed community concerns regarding gambling addiction and safety. |
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