BetMGM, a prominent sports betting company, has struck a significant deal to become the official sports betting partner of the Cincinnati Reds in Ohio. This multi-year agreement is a strategic move ahead of the anticipated launch of legal sports betting in the state in January. As part of this collaboration, BetMGM plans to establish a retail BetMGM Sportsbook at the renowned Great American Ball Park, home to the Cincinnati Reds. The sportsbook will be housed in the current space occupied by the Machine Room restaurant, bringing a new and exciting experience to Ohio’s passionate sports fans.
BetMGM’s Expanding Presence:
With the successful launch of the BetMGM Sportsbook at Nationals Park in Washington DC earlier this year, the company is building on its reputation as a premier sports gaming operator in the United States. The upcoming BetMGM Sportsbook at Great American Ball Park marks the company’s second venture into Major League Baseball stadiums, further solidifying its position in the industry.
Unique Experiences at the Sportsbook:
BetMGM plans to create a truly immersive experience for visitors to the Great American Ball Park sportsbook. The venue will be adorned with BetMGM signage, offering a vibrant atmosphere for sports enthusiasts. Moreover, the sportsbook will boast its own suite and club seats at the stadium, allowing fans to enjoy VIP treatment during games. One standout feature includes on-field access during batting practice, providing an unparalleled opportunity for fans to get closer to the action.
The Power of the BetMGM Sportsbook App:
Through the BetMGM Sportsbook app, Reds fans will have access to a wide array of betting options. The app will offer customizable pre-game, live in-play, futures, and parlay wagers, ensuring that bettors can tailor their betting experiences to suit their preferences. With its user-friendly interface and cutting-edge technology, the BetMGM Sportsbook app promises to deliver seamless and enjoyable betting interactions for Ohio’s sports enthusiasts.
Cincinnati Reds’ Perspective:
Doug Healy, the Chief Financial Officer of the Cincinnati Reds, expressed the organization’s excitement in partnering with BetMGM. The Reds aimed to collaborate with a top-tier operator, and BetMGM’s expertise in entertainment and sports gaming made it the ideal choice. The partnership aligns with the Reds’ commitment to delivering exceptional experiences to their loyal fans while also attracting visitors to the vibrant city of Cincinnati.
Ohio’s Sports Betting Journey:
The legalization of sports betting in Ohio was a milestone achieved through Governor Mike DeWine’s approval of House Bill 29, following its endorsement by the House and Senate in December last year. The legislation allows betting on both college and professional sports, including events like the Olympics. Ohio’s sports betting ecosystem is set to launch in full force, with online apps (Type A), brick-and-mortar sportsbooks (Type B), and bar kiosks (Type C) all starting simultaneously on January 1, 2023.
Ohio Casinos and Racinos Revenue:
August saw Ohio’s casinos and racinos generate a combined gambling revenue of $196 million, marking a slight decrease of approximately 5% from July’s $207 million but a modest increase compared to the same month in 2021 when revenue was $194.3 million. Among the four casinos, Hollywood Columbus emerged as the leader with $22.2 million in revenue, closely followed by Jack Cleveland Casino with $21.8 million. Hard Rock Casino Cincinnati reported $21.1 million, and Hollywood Toledo brought in $19 million.
The partnership between BetMGM and the Cincinnati Reds represents a groundbreaking development in the sports betting landscape in Ohio. With the eagerly awaited launch of legal sports betting in the state, the BetMGM Sportsbook at Great American Ball Park is poised to deliver a unique and captivating experience for fans, while further elevating BetMGM’s position as a leading sports gaming operator in the country. As Ohio’s betting ecosystem takes flight, sports enthusiasts can look forward to enjoying a new era of entertainment and excitement through the BetMGM Sportsbook app and the many offerings it brings to the table.