BetMGM launches sportsbook operations in Puerto Rico
Operator debuts in second non-US market in partnership with local bricks-and-mortar Casino del Mar
BetMGM has launched its mobile sportsbook in Puerto Rico in partnership with Casino del Mar at La Concha Resort.
Puerto Rico is the second market outside of mainland US in which the operator has launched its sportsbook, Ontario being the other in April 2022.
BetMGM was the first operator to debut regulated retail sports betting in Puerto Rico when it was legalized in February 2022.
In December 2022, Casino del Mar opened a permanent $3.5m sportsbook and lounge, featuring 12 self-service kiosks and five betting windows. The Casino del Mar at La Concha Resort is owned by American investment management firm Paulson & Co.
Casino del Mar general manager Sigfrido De Jesús welcomed the launch as a crucial signpost in Puerto Rico’s journey to becoming a top-flight sportsbook and igaming market.
“Today, Puerto Rico is once again at the forefront of the sports betting industry. In addition to being an attraction for sports fans, this will have a positive impact on the revenues of the Treasury,” De Jesús said.
“We are pioneers in the sports wagering industry, and we are elevating sports to the next level by developing trustworthy and user-friendly technology tools.
“Creating this technological alliance with a company of BetMGM’s caliber has allowed both Casino del Mar and the government to learn about innovation in the betting industry,” the manager concluded.
Sports betting was initially legalized by the Senate of Puerto Rico in July 2019, however the regulatory process has been slower than expected, with regulations only being rolled out in August 2020.
Sports wagering is permitted in Puerto Rico on all sporting events: professional, collegiate, Olympic, and international, and includes betting on electronic and esports events as well.
The Puerto Rico-local version of the BetMGM app will also include access to the GameSense program, developed and licensed for MGM Resorts by the British Columbia Lottery Corporation, which provides responsible gambling-themed resources to players.
BetMGM CEO Adam Greenblatt stressed the positives of being the first mover in the US protectorate in its drive to capture the Puerto Rican market.
“BetMGM is ecstatic to become the first operator to deliver mobile sports betting to Puerto Rico,” said Greenblatt.
“This great collaboration between local officials and Casino del Mar provides a safe, responsible, and entertaining product accessible from anywhere on the island,” he added.