Sports betting business BetMGM is expanding to the island of Puerto Rico.
The company has agreed to a strategic partnership with the On line casino Del Mar at La Concha Resort in San Juan’s Condado neighborhood.
That will incorporate the start of each retail and mobile sports activities betting, including a retail sporting activities ebook at the seashore vacation resort and a mobile application start in the course of Puerto Rico.
The two sides reported they predicted to present athletics betting abilities “as soon as the regulated market place commences in Puerto Rico.”
“This marks a major milestone for BetMGM, as we share programs to convey our sporting activities betting system exterior of the U.S. mainland for the to start with time,” stated Adam Greenblatt, CEO of BetMGM. “La Concha Vacation resort is an perfect companion, and together we appear forward to bringing BetMGM’s retail and cellular sports activities betting experiences to athletics followers across Puerto Rico.”
It is a key gaming addition for Puerto Rico, which has been household to on line casino gambling for decades but has never fully capitalized on it with any big on line casino resorts or brand names.
That modified with this year’s announcement of Foxwoods’ entry to the market at the El San Juan resort, and now with the BetMGM offer there’s a new pattern on the island.
“The Governing administration of Puerto Rico welcomes this partnership for the financial progress of our island,” reported Orlando A. Rivera Carrión, Executive Director of the Puerto Rico Gaming Fee.