Century Casinos, Inc. announced a long-term agreement with BetMGM to bring BetMGM's sports betting platform to the Missouri market. Under the terms, BetMGM will operate an online and mobile sports betting application under Century's license in Missouri.
The agreement includes a percentage of net gaming revenue payable to Century, with a guaranteed minimum, and options for retail sportsbook operations at Century's discretion. This partnership is contingent on obtaining all necessary gaming licenses and regulatory approvals.
Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos, expressed excitement about partnering with BetMGM, a leading online sports betting and gaming entertainment company. This move leverages Century's Missouri licenses and expands BetMGM's footprint in the U.S. market.
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