Gaming supplier AGS is to provide its real-money online casino content to BetMGM and its brands.
The deal covers BetMGM Casino, Borgata Online and Partypoker, with the content to go live in New Jersey before explanding to Michigan, Pennsylvania and other markets.
AGS already supplies its online content to other major operators such as Rush Street Interactive and Parx Online in Pennsylvania, as well as Harrah’s, WSOP and 888 in New Jersey.
“This is an exciting development in the growth of our interactive business, giving us access to BetMGM’s broad player reach and distribution of our engaging game content through the BetMGM, Borgata Online, and Partypoker robust online casinos,” AGS executive vice president Matt Reback said.
Matt Sunderland, BetMGM’s vice president of gaming, said: “We are thrilled to add AGS games to our online casino offering and are confident that the AGS content, which has proven to perform well both online and in land-based casinos, will be a hit with our players with features like multi-level jackpots, free games, and exciting bonus events.”
In its most recent financial results, AGS said interactive real-money gaming increased by around 500% year-on-year to $1.06m in the three months to 30 June. That accounted for half of interactive revenue. At the time AGS said its RMG platform in Pennsylvania and New Jersey currently provides game content to nine operators.
Total revenue in Q2 was $16.8m, which was down 77.5% on the $74.5m registered in the second quarter of 2019. The group made an EBITDA loss of $1.2m in Q2, compared to a profit of $36.9m in the same period in 2019.