NY Sports Betting Update: BetMGM Sportsbook Goes Live
Just one week after NY sports betting kicked off with four online sportsbooks, a fifth is joining the party. BetMGM sportsbook NY is live in the Empire State from Monday, January 17th. They are joining Caesars Sportsbook, DraftKings, FanDuel and BetRivers who made their debuts at launch.
BetMGM is hoping to hit the ground running. They will have been disappointed to miss the bulk of the first weekend of NFL playoff action. But the Monday Night Game between the LA Rams and the Arizona Cardinals should still provide a lively start for their New York platform.
BetMGM Signup Bonus
BetMGM NY will be offering an attractive signup offer for new users. The first bet placed on the online sportsbook is risk free up to $1,000. That provides a nice safety net for bettors to try out the BetMGM app knowing that their first bet is essentially a freeroll.
The arrival of BetMGM to the NY sports betting market is not great news for their competitors. Over the last 12 months they have been putting pressure on the “Big Two” of FanDuel and DraftKings. In recent new state launches BetMGM have been performing as well as anyone. This is despite the considerable advantage FanDuel and DraftKings enjoyed thanks to their successful Daily Fantasy Sports platforms, which predate the legalization of sports betting. In fact it may be more accurate to now call it the “Big Three”.
BetMGM NY App
The BetMGM app has proven popular among users across the legal betting states. It gives access to a dizzying array of sports and markets in the US and internationally. It has a full range of betting options including some novel types such as same-game parlays. In-play betting is also available and is one of the fastest growing segments of the wagering market.
New York is the 19th state launch for BetMGM. It comes off the back of a successful entry into Arizona in September. With states like Maryland and Ohio slated to join the legal online action in 2022, BetMGM is positioned for strong growth. New York is a huge step in that direction.