BetMGM has unveiled a new, first-of-its-kind feature for its Nevada sports betting app, allowing players to seamlessly access their accounts and funds nationwide through a single digital wallet. This latest addition marks just one of several new enhancements expected before the 2024 NFL season, scheduled to begin on Sept. 5.
Nevada residents and visitors can now place bets within the state and carry their funds to BetMGM mobile markets nationwide. The company claims it is "setting a new industry benchmark" as the first sports betting app in Nevada to offer such connectivity across the states.
“We’re proud to lead the charge in Nevada with a single account and wallet that simplifies and elevates the betting experience,” said BetMGM CEO Adam Greenblatt in a recent press release. “Our players can now immerse themselves in the excitement of MGM Resorts’ Las Vegas destinations or statewide while seamlessly continuing to place wagers in other BetMGM markets.”
How does it work?
Nevada customers will need to sign up to the BetMGM Sportsbook once in-person at one of the nine MGM Resorts properties on the Las Vegas Strip, including MGM Grand, Bellagio, The Cosmopolitan, New York-New York, Luxor, ARIA, Mandalay Bay, Excalibur, or Park MGM.
After this, they can access the app across all 29 BetMGM mobile markets in the U.S. When traveling to a different jurisdiction, customers will receive a pop-up message upon opening the app, prompting them to switch their account to the BetMGM market in their current location. Alternatively, users can manually select their market within the "Account" tab.
Further enhancements
This recent addition to the BetMGM app follows its new design, launched in February, ahead of Super Bowl LVIII. The new app offers digital deposits and withdrawals, as well as enhanced betting options, including more pre-game and in-game options, live bets, and same-game parlays.
It was a successful Super Bowl for Nevada sportsbooks, with bettors spending a record $185.6 million on the match between the Kansas City Chiefs and San Francisco 49ers. Handle was up 21.1% compared to 2023.
Nevada was the first state to legalize online sports betting in 2010, eight years before the U.S. Supreme Court overturned the Professional and Amateur Sports Protection Act in 2018, allowing states outside of Nevada also to legalize it. Nevada remains unique for its in-person registration requirement. The most recent sports betting financials for June 2024 revealed that the Silver State’s online and retail sportsbooks generated $29.8 million in revenue, up 214% year-on-year.
