May 29, 2025 Marija D
BetMGM, paving the way for sports betting operations in Missouri. The agreement, signed through Century’s subsidiary, Century Casino & Hotel Cape Girardeau, grants BetMGM access to the Missouri market under Century’s gaming license.
Under the of the deal, BetMGM will operate both mobile and online sports betting platforms through Century’s license. In exchange, Century will receive a share of the net gaming revenue, backed by a minimum guaranteed amount. Additionally, Century has the option to develop and run retail sportsbook locations at its discretion.
“We are excited to partner with BetMGM, a leading online sports betting and gaming entertainment company with a dynamic and innovative brand,” said Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos. “This partnership is another step forward in leveraging our Missouri licenses and delivering entertainment experiences for our customers.”
While the partnership lays important groundwork, it remains subject to the approval of relevant gaming licenses and regulatory authorizations. on December 1, 2025.
This timeline follows the age of Amendment 2 in the November 2024 election, a voter-approved measure that legalized sports betting in Missouri. The legislation becomes effective on August 30, providing a window for regulators to process license applications.
Up to 14 licenses for online sportsbooks are expected to be issued, distributed among casinos, professional sports franchises, and two standalone “untethered” licenses. Industry analysts anticipate these will likely be awarded to prominent players such as DraftKings and FanDuel.
This move marks another significant milestone for Century Casinos as it continues to broaden its portfolio in emerging sports betting markets. With this agreement, Century strategically positions itself to capitalize on Missouri’s expanding gaming landscape, reinforcing its commitment to delivering high-end betting and entertainment options.
While retail sportsbooks are included in the arrangement, their implementation remains a decision left to Century’s discretion, allowing flexibility in how the company brings physical betting locations to market.
The deal aligns both companies for a strong entrance into what’s expected to be a competitive market. As Missouri’s sports betting ecosystem begins to take shape, partnerships like this one reflect the shifting dynamics of regulated gaming and the growing importance of digital platforms in the betting sector. This partnership positions Century Casinos and BetMGM to seize new opportunities in Missouri’s evolving gaming market, offering innovative sports betting experiences as the state prepares for its official launch in December.
Source:
“Century Casinos Announces Sports Betting Partnership with BetMGM in Missouri”, newswire.ca, May 27, 2025