BetMGM’s New Features Generate 209% Increase in Home Run Bets Placed

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BetMGM May 14 Press Release
BetMGM @BETMGM May 14, 2024, 4:40 PM

The King of Sportsbooks Introduces Most Expansive Home Run Markets in the Industry and Grand Slam Jackpot Contest

JERSEY CITY, NJ (May 13, 2024) – BetMGM, a leading sports betting and iGaming operator, is knocking it out of the park this baseball season offering the most expansive home run markets in the industry, an enhanced parlay experience and a brand-new Grand Slam Jackpot contest.

"The new integration of enhanced data analytics from Angstrom has fueled the evolution of the BetMGM app into a best-in-class product, giving our fans more ways than ever to be a part of the most exciting moments in baseball. In the first month, we’ve seen a 209% increase in home run bets placed compared to the same period in 2023. We’re setting the stage for the biggest baseball season for BetMGM to date."

Adam Greenblatt - CEO, BetMGM

  • Industry-leading home run markets: Through sports pricing and analytics company Angstrom’s newly integrated algorithms, BetMGM is able to provide the most extensive markets for home runs in the sports betting industry. Customers can select from a full field of play on the long ball, including the player to hit the first home run of the game, the longest home run of the day, and whether there will be a grand slam. To make their home run markets even more enticing, BetMGM is offering the best prices in the industry for home run prop bets.
  • New parlay and live betting experiences: The integration of Angstrom greatly enhanced the depth and breadth of BetMGM’s baseball offering, including improved same-game parlay (SGP) and SGP+ capabilities, new at-bat live betting experiences, and better responsiveness for customers. SGPs for baseball can now be built two ways – via a dedicated SGP tab or by visiting an event page and adding selections to the bet slip, where SGPs are calculated on the spot.
  • BetMGM $50,000 Grand Slam Jackpot: Every Friday through Sunday, customers who place a $10+ prop wager on a player to hit a home run in a select game are automatically entered into the Grand Slam Jackpot contest. If the player hits a grand slam in that game, the customer will win a share of a $50,000 Bonus Bet prize pool. The promotion has already yielded exceptional results, with customers cashing out on the 23 grand slams hit during the promotional period so far, totaling over $500,000 in bonus bets awarded. Contest not available in Nevada or Puerto Rico. Bonus Bets are non-withdrawable and expire in seven days

BetMGM currently operates in 29 markets with mobile and retail offerings. The BetMGM Sportsbook app is accessible on both iOS and Android, as well as via desktop at www.betmgm.com.

As BetMGM continues to expand to new markets, responsible gambling education remains a key focus. BetMGM is proud to provide resources to help customers play responsibly including GameSense, an industry-leading program, developed and licensed to MGM Resorts by the British Columbia Lottery Corporation. Through the integration within BetMGM’s mobile and desktop platforms, customers can receive the same GameSense experience they have grown to count on at MGM Resorts properties nationwide. This complements BetMGM’s already existing responsible gambling tools which serve to provide customers with an entertaining and safe digital experience.

For more information, follow @BetMGM on X.

About BetMGM

BetMGM is a market leading sports betting and gaming entertainment company, pioneering the online gaming industry. Born out of a partnership between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT), BetMGM has exclusive access to all of MGM’s U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. Utilizing Entain’s US-licensed, state of the art technology, BetMGM offers sports betting and online gaming via market leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit www.betmgminc.com.

MEDIA CONTACTS:

BetMGM
Kimberly Palter
Kimberly.Palter@betmgm.com

Robert Flicker
BetMGM@kirvindoak.com

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Our BetMGM editors and authors are sports experts with a wealth of knowledge of the sports industry at all levels. Their coverage includes sports news, previews and predictions, fun facts, and betting.

Our BetMGM editors and authors are sports experts with a wealth of knowledge of the sports industry at all levels. Their coverage includes sports news, previews and predictions, fun facts, and betting.