- BetMGM announces a partnership with Liv Hospitality to bring online and in-person sports betting to South Dakota.
- The partnership is the first of its kind in South Dakota.
- The BetMGM app will complement a retail sportsbook that will include kiosks and counter wagering.
BetMGM is wading into South Dakota sports betting through a new partnership with Liv Hospitality’s Tin Lizzie Gaming Resort and Cadillac Jack’s Gaming Resort. The partnership will allow for retail sports betting and online sports betting within the casinos in Deadwood, South Dakota.
The South Dakota state legislature legalized sports betting after voters approved the Deadwood Sports Betting Legalization Amendment on Nov. 3, 2020. The sports betting tax rate was set at 9% and sportsbook operators are only required to pay a $5,000 application fee, a $2,000 license fee for a full fiscal year and a $2,000 renewal fee.
Sports betting is expected to launch in Deadwood sometime in September.
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The South Dakota Commission on Gaming (SDCG) will meet on Sept. 8 and the partnership could be approved. This would put Liv Hospitality and BetMGM in a position to begin taking sports bet in some capacity by Sept. 9, the start of the NFL season.
“Liv Hospitality’s prime resort locations in Deadwood make it an ideal partner for us. Together, we look forward to bringing the BetMGM sports betting experience to South Dakota sports fans,” said Adam Greenblatt, BetMGM chief executive officer, in a release.
Pending approval, the BetMGM online sportsbook app will be accessible within both Tin Lizzie Gaming Resort and Cadillac Jack’s Gaming Resort beginning next month. The app will complement a retail BetMGM sportsbook that will include kiosks and counter wagering at the casinos.
Caleb Arceneaux, Chief Executive Officer of Liv Hospitality, said, “BetMGM is an outstanding organization that brings credibility to our new sports betting offerings. Visitors now have another reason to come to Deadwood, while enjoying the many other entertainment opportunities at our resorts.”
Deadwood currently has 10 full-casinos in its city limits.