On Thursday, BetMGM, one of the leading sports betting operators, announced that it will provide its mobile betting app at the Gold Strike Casino Resort. The casino will now offer online mobile wagering from inside of its facilities. The Gold Strike Casino is owned by MGM Resorts International and is located in Tunica, Mississippi, right on the Arkansas border on the Mississippi River.
New Betting App Now Avalaible
Visitors of the MS casino can now use their phones to place all kinds of bets. Live betting is on offer as are moneyline, spread, and totals bets. However, the bettors will be limited to wagering on the casino property. The Mississippi legislature still doesn’t allow off-site sports betting.
For BetMGM this is a continuation of the successful cooperation with the Gold Strike Casino Resort. The BetMGM Book Bar & Grill at the casino is already opened and is operating with great success. Now the company will expand its retail betting offer with the new app. BetMGM’s CEO, Adam Greenblat said that they’re pleased that the visitors of Tunica casino can now use their smart devices to place bets and engage with their favorite teams.
The app is exclusively available for download in Mississippi. It uses geolocation tools to restrict wearing to the casino premises. Still, bettors can wager from anywhere in the casino, including the BetMGM Book Bar & Grill. the BetMGM mobile gambling app is available to the users of both iOS and Android supported devices.
Mississippi Casino Industry Current Performance
After the last year was disrupted by the Covid-19 measures, things in the Mississippi casino industry are getting back to normal. Since late April, customers and staff are no longer required to wear masks inside the gambling facilities. it was one of the last measures to prevent the spreading of the Covid-19.
With eased measures, the sportsbooks are slowly recovering, but there’s still a long way to go until they return to the pre-Covid results. In August, the sports betting handle in the Magnolia State was the lowest in 2021, totaling only $21.4 million. The revenue from sports wagering also hit the low point for the year, with close to $1.9 million. It’s not only the lowest revenue of the year but also the lowest since July 2020. At that time, the sportsbooks and casinos were struggling hard with all the restrictions and closures caused by the Coronavirus. However, it should be noted that August is usually the worst month for the sportsbooks. It’s the time when all of the major sports, like football, basketball, and hockey, are on a break. The only major sport going on during the summer is baseball.
The table games and slot machines also performed worse than in July. Slot machines had a gross income of $1.998 billion in August which may seem like a lot. However, it’s a 22% drop compared to July when slots drew $2.56 billion. The table games didn’t do much better either. Here, the total handle was $151 million, a 20% decrease from July when the amount was $188.6 million.