It opens as the Cincinnati Reds make a run for the playoffs and the Cincinnati Bengals host Monday Night Football.
"We are thrilled about the addition of the BetMGM Sportsbook at The Banks,” said Tracy Schwegmann, marketing director/property manager for The Banks. “With the Bengals' season starting and the Reds making a push to playoffs, The Banks continues to be the No. 1 entertainment destination in Cincinnati.”
BetMGM's Chief Revenue Officer Matt Prevost said BetMGM was putting together plans to be part of Ohio's sports gambling business before its January launch ; building a "premier sports and entertainment venue" at The Banks was an integral part of its strategy.
The sportsbook at Second Street and Joe Nuxall Way features a 350-square-foot video wall.
Open to patrons 21 and older, the sportsbook includes three in-person wagering windows, 14 self-service wagering kiosks, more than 200 seats and a VIP lounge with a private bar.
BetMGM is the official sports betting partner of the Cincinnati Reds as part of a multi-year agreement announced last October.
“The popularity of the BetMGM brand will help draw patrons to The Banks and add to the vibrancy of our downtown,” said Doug Healy, Cincinnati Reds Chief Financial Officer.
The opening is considered phase one, with a full-service restaurant from Nation Kitchen & Bar set to debut later this year.