MGM Resorts Launches Online Sports and Casino Gambling Services in Michigan
Michigan became the latest state to flip the switch on legalized online casino and sports gambling on Friday, and one ambitious company was right there to take advantage. BetMGM, a joint venture between U.S. casino resort company MGM Resorts International (NYSE: MGM) and the U.K.'s Entain, launched its BetMGM app covering those two categories in the state on that day.
BetMGM's launch piggybacks on BetMGM Sportsbook and Lounge, an athletic wagering facility located in MGM'S Grand Detroit resort in the city. Anticipating that Michigan would soon permit such wagering, the company opened the Lounge last October.
Image source: Getty Images.
Source Fool.com
