About BetMGM
BetMGM is a company based in Jersey City (United States) founded in 2018. BetMGM has raised $200.03 million across 2 funding rounds. BetMGM offers products and services including Sports Betting Platform, Online Casino, and Poker Platform. BetMGM operates in a competitive market with competitors including VIP Entertainment Technologies, Interblock, ODDSworks, Gamblit Gaming and Blazesoft, among others.
- Headquarter Jersey City, United States
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$200.03 M (USD)
in 2 rounds
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Latest Funding Round
$25.1 K (USD), Series D
Oct 28, 2022
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Investors
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Employee Count
Not available
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Products & Services of BetMGM
BetMGM offers a comprehensive portfolio of products and services, including Sports Betting Platform, Online Casino, and Poker Platform.
Platform for online sports wagering and real-time betting experiences.
Digital casino offering games and poker for user entertainment.
Online poker service for competitive and recreational play.
People of BetMGM
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Funding Insights of BetMGM
BetMGM has successfully raised a total of $200.03M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $25.1 thousand completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investments & Acquisitions by BetMGM
Investment portfolio details for BetMGM
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Financial Statements - BetMGM
Detailed financials for BetMGM
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Betmgm Comparisons
Peer comparison for BetMGM
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Competitors of BetMGM
BetMGM operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as VIP Entertainment Technologies, Interblock, ODDSworks, Gamblit Gaming and Blazesoft, among others.
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Development studio developing tech-enabled products for the gambling industry
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A range of multi-category casino electronic table games is developed.
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Platform offering game development solutions for online and offline gambling operators
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Software is provided to integrate wagering features into games.
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SaaS-enabled back-end management solutions for games and gambling are developed.
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Detailed competitors of BetMGM
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Latest news on Betmgm
Complete news archive for BetMGM
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Frequently Asked Questions about BetMGM
BetMGM was founded in 2018 and raised its 1st funding round 2 years after it was founded.
BetMGM is headquartered in Jersey City, United States. It is registered at Jersey City, New Jersey, United States.
Adam Greenblatt is the current CEO of BetMGM.
BetMGM is a funded company, having raised a total of $200.03M across 2 funding rounds to date.
BetMGM was founded in 2018 and is headquartered in Jersey City, United States. Online gambling platforms are developed by the company, focusing on the gambling sector. Services include sports betting through BetMGM, slot jackpots via Borgata Online, slots and table games on Party Casino, and poker games on PartyPoker. Operations center on digital casino and betting experiences for users across various markets.
BetMGM's top competitors include ODDSworks, Interblock and Yolo.
BetMGM offers Sports Betting Platform, Online Casino, and Poker Platform.