BetMGM has positioned itself in the soon-to-open South Dakota sports betting market.
According to a press release, BetMGM has partnered with two Deadwood casinos owned by the Liv Hospitality Group. The two companies say that their compact will result in the BetMGM betting platform operating inside Liv’s Tin Lizzie Gaming Resort and Cadillac Jack’s Gaming Resort.
Per BetMGM CEO Adam Greenblatt:
“Liv Hospitality’s prime resort locations in Deadwood make it an ideal partner for us. Together, we look forward to bringing the BetMGM sports betting experience to South Dakota sports fans.”
These two casinos are the first gaming properties that travelers see when arriving in town via US Route 14. The Tin Lizzie is the state’s northernmost casino situated on Deadwood’s historic Main Street while Cadillac Jack’s is further north of Tin Lizzie.
BetMGM to Offer Retail and Online Sports Betting
By virtue of the partnership, BetMGM will offer sports betting kiosks and over-the-counter wagering via retail shops at the two casinos. Pending regulatory approval, the BetMGM App will also be accessible within both Tin Lizzie Gaming Resort and Cadillac Jack’s Gaming Resort beginning next month.
The Tin Lizzie’s casino floor boasts of 220 slot machines and eight gambling tables. Meanwhile, Cadillac Jack’s offers 240 slot video slot and 22 table games. Currently, both properties have started offering BetMGM sports betting promotions.
Tin Lizzie is offering a $20 resort credit to the first 250 customers who will create a BetMGM account. These persons will also be eligible to receive a matching bonus of up to $500 on their first deposit. Cadillac Jack’s meanwhile, is giving away $15 in Cadillac cash to the first 250 who will sign up with the BetMGM App.
Legal South Dakota sports betting is eyeing a September launch. The South Dakota Commission on Gaming began accepting applications for sports betting license last July 1st. The commission is expected to meet on September 8th and if they issue the licenses on that day, then sports betting can begin the following day, September 9th which coincides with the opening of the 2021 NFL season.
The agency has not confirmed which sports betting operators have applied for a license in South Dakota although it is believed that the top players like DraftKings, FanDuel, and Caesars have already submitted applications along with BetMGM.
Sports betting was legalized in South Dakota after voters passed a referendum ballot to amend the Constitution last November. The state legislature then passed the bill and it was signed into a law by Gov. Kresti Noem last March.