In an exciting development for the gaming industry, MGM Resorts has announced a partnership with Playtech to launch a live casino experience that will be streamed directly from two of its iconic Las Vegas properties: the MGM Grand and Bellagio. This innovative venture, branded as MGM Live, aims to bring the authentic atmosphere of Las Vegas gaming to players in regulated markets outside of the United States.
Details of the Live Casino Offering
The MGM Live platform will feature popular casino games including single and double-zero roulette and baccarat. According to Playtech, these live games are intended for launch in select international markets. The initial target regions for MGM Live will include Mexico and the United Kingdom, with plans for further expansion into additional regulated markets thereafter.
Shimon Akad, Chief Operating Officer of Playtech, shared insights into future plans, indicating that the feasibility of offering MGM Live in the United States will be evaluated over time, particularly as it pertains to evolving igaming regulations. Akad expressed confidence in bringing the Las Vegas experience to global audiences, emphasizing that customers will be treated to the ‘authentic sounds and visuals of Vegas,’ with immersive entertainment experiences planned for the future.
Unmatched Gaming Experience
MGM Resorts’ CEO, Bill Hornbuckle, highlighted the unique nature of the Las Vegas gaming environment, asserting that the live dealer product will offer “unparalleled experiences” that set it apart from competitors. He emphasized that this collaboration with Playtech merges MGM’s international prestige with Playtech’s advanced interactive gaming technologies.
“This launch of the new and exciting live casino offering not only strengthens our position as a leader in the gaming industry but also reinforces our strategic vision to be the world’s premier gaming entertainment company,” Hornbuckle stated.
Critically, Mor Weizer, the CEO of Playtech, expressed enthusiasm about collaborating with a brand as esteemed as MGM Resorts. He noted that this partnership will enhance their global reach while simultaneously delivering unique and high-quality gaming experiences to players worldwide.
Future Expansions and Unique Offerings
Looking ahead, Playtech has plans to expand the MGM Live portfolio to include exclusive access to a range of unique gaming options. Akad mentioned that players can look forward to branded TV game shows and celebrity-hosted trivia programs, all designed to infuse the excitement of Las Vegas into engaging digital entertainment.
“If you think of the Vegas attraction and picture one of the world’s most popular game shows infused with the allure and charisma of celebrity hosts, that’s what we are creating for the players,” Akad explained, revealing that such offerings are currently under development.
MGM’s Omnichannel Vision and Global Ambitions
MGM Resorts is focused on a broader omnichannel strategy, as articulated by CEO Bill Hornbuckle in December 2023. Following the acquisition of LeoVegas for $604 million, MGM has been actively seeking to establish a complete omnichannel ecosystem, particularly targeting markets beyond its current land-based operations. The launch of BetMGM in the UK symbolizes this commitment to growth in regions where MGM does not yet have a physical presence.
Hornbuckle noted the importance of diversifying into digital avenues as a means of engaging customers year-round. He commented, “We think it’s a meaningful way to continue to reach customers 365 days a year,” suggesting a future where online and brick-and-mortar gaming opportunities are interconnected.
The acquisition of games studio Push Gaming, which followed the LeoVegas deal, forms a crucial part of MGM’s digital strategy. Hornbuckle pointed out, “The idea that we could create our own games is really important, both to feed our digital assets and our brick-and-mortar assets, bringing them together.”
As MGM Resorts moves forward with this partnership and its extensive digital strategies, the gaming community eagerly anticipates the rollout of MGM Live and the transformative experiences it promises to bring to players around the globe.