BetMGM Forges Partnership With Liv Hospitality For Deadwood Sports Betting

Cadillacs Jacks Gaming Resort Front Entrance
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.

September Launch

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.

South Dakota Gaming Commission Approves Deadwood Sports Betting Rules

Two Attractions Near Deadwood South Dakota

The South Dakota Gaming commission approved on Tuesday the revised rules for the legalization of sports betting in Deadwood beginning July 1st.

The new guidelines will now head to the state Legislature’s Interim Rules Review Committee for a June hearing before it becomes active. According to Deadwood Gaming Commission attorney Douglas Abraham, applications will be available on the Commission’s website by Friday but they will not be approved until July 1.

Said commission attorney Mike Shaw:

“The commission will need additional rules before sports wagering can start sometime after July 1. We’re on track to get sports wagering rolling as quickly as we can.”

New Rules

Among the new rules created on Tuesday was a $5,000 application fee for Deadwood sports betting service providers. Another prohibits associated equipment licensees and sports betting providers or licensees hired by sports betting providers from placing bets on sporting events. The rules also added sports betting to the list of legal gaming in Deadwood.

A third addition was the monitoring of Deadwood sports betting areas via closed-circuit surveillance systems during operating hours. Another amendment offered during the discussion was to define how the adjusted gross revenue for Deadwood sports betting would be computed. The change was made to clarify that “free play” rewards and excise tax would be deducted from revenue figures.

Senate Bill 44

In November 2020, South Dakota voters approved Constitutional Amendment B, which authorized the Legislature to enact a law that would legalize Deadwood sports betting. The amendment also extends to Native American casinos in the state, as provided by law.

Following the will of the voting public, The Legislature passed Senate Bill 44 which was supported by the Department of Revenue in consultation with the Deadwood Gaming Association. Gov. Kristi Noem signed the bill into a law last March 18, to take effect on the 1st of July this year.