Here’s a pay per head analysis of BetMGM and DraftKings. The two are the top online sportsbooks in the US today. MGM Resorts International has been developing a sports betting empire after the Supreme Court overruled the ban on states to legalize sports wagering in 2018.
According to pay per head reports, the resort company cobbled together concurrences with the most significant games groups to be their official sports betting platform. It partnered with Boyd Gaming to offer on the web and versatile gaming stages, including sports wagering, casino gambling, and poker. Also, it purchased the Empire City Casino in New York. They made a move while waiting for New York to legalize sports wagering.
Entain released its earnings result for the first half of the year. It partnered with MGM to form the BetMGM platform. According to the report, it is now in second place for online gaming and sports wagering combined.
Pay Per Head Analysis of BetMGM
According to pay per head bookie sources, BetMGM is available in 12 states. The sportsbook operator expects to be live in twenty states by the end of the year. Thus, 40 percent of the US will have access to the sports betting platform.
Although the platform reported operating losses of $59 million in the first three months, its estimated revenue will reach $1 billion by the end of next year.
MGM attempted to buy Entain recently for $11 billion. The former wanted to copy Caesars Entertainment’s acquisition of William Hill. However, Entain dismissed the offer because it felt that MGM undervalued its potential. Although MGM gave up, there are rumors that it would try again soon.
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