Private company
Who owns BetMGM, LLC (BetMGM North America Venture)
One company in the researched set discloses a stake in BetMGM, LLC (BetMGM North America Venture), none of it sized by anyone who discloses it. BetMGM, LLC (BetMGM North America Venture) is private, so no 13F reports it: a 13F covers exchange listed positions only. These figures exist because each holder disclosed the stake in its own filings.
BetMGM, LLC (BetMGM North America Venture) - Profile
- Type
- joint venture
- Based in
- United States
- Founded
- 2018
BetMGM is a North American online sports betting and iGaming operator, running real money sportsbooks and internet casinos under the BetMGM, Borgata Casino, PartyCasino and PartyPoker brands. It was set up in July 2018 as Roar Digital, a 50/50 venture between MGM Resorts International and GVC Holdings (now Entain plc), with Entain supplying the licensed betting and gaming technology platform and in house game studios and MGM contributing its casino brands, customer database and market access through its US properties. Headquartered in Jersey City, New Jersey, the business was live in 30 legalised US states across sports betting and iGaming at the end of 2025, and reported net revenue of 2.8 billion dollars for that year.
Source
BetMGM, LLC (BetMGM North America Venture) files nothing with the SEC, so none of this comes from a filer record. The description was written for this site in August 2026 from 2025 BetMGM FY Update (Entain plc), MGM-GVC's US joint venture named Roar Digital (iGaming Business) and BetMGM Q2 2026 Business Update (PR Newswire). The ownership figures below come from the holders' filings instead, and are sourced row by row.
The disclosed stakes
One row per position. Where a holder reports the same company in two share classes, both rows are shown rather than summed, because the class is part of a position's identity.
Where each figure comes from
A private stake has no ownership form behind it, so the source is always the holder's own filing or disclosure. Anything modelled says so, with the arithmetic.
- MGM Resorts International. Written as 50, not 0.5: MGM's Q2 2026 10-Q (Note 1) states verbatim 'the Company has a 50% ownership interest in BetMGM, LLC ("BetMGM North America Venture"), an unconsolidated affiliate.' The FY2025 10-K also names the venture partner: 'we share control of BetMGM North America Venture with our venture partner, Entain plc ("Entain")... In July 2018, we and Entain formed BetMGM North America Venture.' value_usd is left null rather than modelled: BetMGM's cumulative losses have exceeded its equity-method investment balance, which is written down to zero, with the excess ($131 million as of 30 Jun 2026, $160 million as of 31 Dec 2025) recorded as a separate liability in 'Other accrued liabilities,' not as a negative asset value. Additionally, the 10-Q discloses only a COMBINED 'Investments in and advances to unconsolidated affiliates' balance of $638 million (30 Jun 2026) covering BetMGM, MGM Osaka, the 5% Bellagio REIT Venture interest, and other minor affiliates together; per the project's rule against assigning a combined balance to one investee, and because MGM Osaka's carrying value is separately and explicitly disclosed at $544 million (see the MGM Osaka row), BetMGM's own carrying value is not separately disclosed and is left null rather than backed into as a residual, since the residual also covers Bellagio REIT Venture and unnamed 'other' affiliates. sourcesource 2
What this page is not
It is not a complete register. It lists the holders who happen to be inside the researched set and disclosed the stake themselves. A private company can have many other shareholders, and nothing here rules them out: venture investors, founders and employees usually appear in no public filing at all. Percentages are of BetMGM, LLC (BetMGM North America Venture) where a holder stated one, and are missing where no holder did.