MGM Resorts International’s sport betting and iGaming operator, BetMGM, has launched its new BetMGM Poker Championship at the Aria in Las Vegas.
Online poker tournament winners have a chance to compete in the event from June 23 until June 26.
An estimated 300 poker players are expected to compete in the no limit hold ‘em live tournanment. The event has a $3,500 buy-in and a guaranteed prize pool of $1m.
There will also be a BetMGM Poker Mystery Bounty on Saturday, with a $600 buy-in.
BetMGM’s new tournament coincides with the 2022 Aria Poker Classic and is running against Caesars Entertainment’s World Series of Poker that started May 31 and will run until July 20.
BetMGM Director of Poker Luke Staudenmaier said: “To me, it complements our online business that we have these fantastic properties that are legendary for poker, especially the Aria, and so it’s a natural progression, the growth of our business, to start utilizing our relationship here.
“We have a lovely opportunity to bring a lot of our players from across the country to poker’s capital in Las Vegas.”
Staudenmaier said that BetMGM poker is mainly an online product that is feature in Michigan, Pennsylvania, New Jersey and in the Canadian province of Ontario.
He went on to add that the company’s promotions focused on inviting poker fans to play in Las Vegas.
“We ran online promotions that awarded players a package to come to Las Vegas and play this event,” he said.
BetMGM Poker has awarded at least 15 US players from each live poker market prize packages that include travel expenses, a buy-in for the BetMGM Poker Championship and a five-night stay at Aria.