BetMGM Announces Kentucky Market Access Agreement with Revolutionary Racing

Sports betting leader to expand to 27th market with mobile and retail offerings JERSEY CITY, N.J. (August 7, 2023) – BetMGM, a leading sports betting and iGaming operator, and Revolutionary Racing Kentucky (RRKY) announced today a new market access agreement allowing BetMGM to bring its online and retail sports betting platform to Kentucky once legalized sports betting launches. The companies also will open a retail BetMGM Sportsbook at Sandy’s Racing & Gaming. “Kentucky has a rich history in sports and a passionate fan base,” said BetMGM CEO Adam Greenblatt. “Revolutionary Racing is an ideal partner, enabling us to deliver an entertaining and responsible gaming experience, while investing in the state through job creation and tax revenue.” BetMGM will offer online sports betting capabilities as soon as Kentucky’s regulated market commences and pending licensure and regulatory approval. Additionally, plans are underway to open a 5,200 square-foot retail BetMGM Sportsbook this fall with RRKY at Sandy’s Racing & Gaming, a $75M gaming and entertainment facility in Ashland. Construction of Kentucky’s first quarter horse racetrack and equestrian center will follow on 182 acres adjacent to Sandy’s, with the first races launching in 2025. “We promised to bring a world-class facility to Ashland and wanted a world-class partner for online sports wagering across the Commonwealth and at our sportsbook lounge,” said Revolutionary Racing CEO Prentice Salter. “We’ve got that with BetMGM.” As BetMGM continues to expand to new markets, responsible gambling education remains a key focus. BetMGM is proud to provide resources to help customers play responsibly including GameSense, an industry leading program, developed and licensed to MGM Resorts by the British Columbia Lottery Corporation. Through the integration within BetMGM's mobile and desktop platforms, customers can receive the same GameSense experience they have grown to count on at MGM Resorts properties nationwide. This complements BetMGM's already existing responsible gambling tools which serve to provide customers with an entertaining and safe digital experience. For more information, follow @BetMGM on Twitter. # # #