BetMGM Returns as Title Sponsor of NASCAR BetMGM 300
Happy with last year’s results, BetMGM will be back for a second year in North Carolina as the title sponsor of NASCAR’s Xfinity Series race, the BetMGM 300, on May 24 at Charlotte Motor Speedway.
Charlotte is the epicenter of the NASCAR juggernaut, with more than 90 percent of the circuit’s racing teams headquartered there. The Charlotte Motor Speedway, which has a capacity of 95,000, generates $450 million annually for the regional economy.
BetMGM Nascar Welcome Offer
New BetMGM customers in the United States can get as much as $1,500 in Bonus Bets with the company’s First Bet Offer for May.
BetMGM also offered grandstand seats for race weekend to fans in North Carolina (and other regulated states) who place $25 in cumulative wagers on any sport with BetMGM, as long as the wagers are at -300 or longer odds, and do not include bonus bets, boost tokens, or other similar bets or tokens.
Xfinity Series Favorites for the BetMGM 300
William Byron currently leads the odds for the BetMGM 300 in Charlotte, as the +225 favorite. Last year’s winner, Allgaier, looks to continue his streak of annual wins at eight straight seasons.
These are the current race winner odds.
BetMGM 300 Odds: NASCAR Winner Odds for May 24, 2025
Winner | Odds |
---|---|
William Byron | +225 |
Justin Allgaier | +400 |
Chase Briscoe | +600 |
Austin Dillon | +900 |
Austin Hill | +1000 |
Sam Mayer | +1200 |
Jesse Love | +1400 |
Sheldon Creed | +1400 |
Brandon Jones | +1600 |
Sammy Smith | +1800 |
Note: Figures are based on BetMGM betting odds as of May 21, 2025, and are subject to change.
NASCAR’s Tripleheader Memorial Day Weekend
BetMGM is also the title sponsor of BetMGM Speed Street, which will offer racing fans entertainment, food, and interactive experiences during NASCAR’s tripleheader weekend, May 23-25. Headlining the fan festival will be GRAMMY-nominated band Smash Mouth, performing on the BetMGM Speed Street Stage on Saturday.
![]() Casey Hurbis |
A little over a year after launching sports betting in North Carolina, BetMGM is pleased to be at the heart of the excitement for the BetMGM 300 and BetMGM Speed Street. As NASCAR betting continues to grow, this weekend presents a wonderful opportunity to connect with ionate motorsport and music fans in the Tar Heel State. – Casey Hurbis | BetMGM Chief Marketing Officer |
Last month, North Carolina’s Lottery Commission estimated the state's gross wagering revenue at more than $713 million, with an 18 percent tax funneling more than $128 million of that total into state coffers.
The Race Winner Gets a BetMGM Slot Machine
The race winner takes home a full-size, custom-made BetMGM slot machine and the BetMGM 300 trophy.
Fans can take selfies with the trophy, the slot machine, and Richard Childress Racing’s No. 8 BetMGM Chevrolet driven by Kyle Busch at the BetMGM Speed Street.
Very Visible Presence
BetMGM will be prominent throughout the BetMGM 300 NASCAR Xfinity Series showdown, including everything from the honorary starter to pace cars and signage on billboard turns, to barrier decals and pit signs.
BetMGM 300 Ticket Packages
Adult tickets for the BetMGM 300 start at just $25, and kids 12 and under get in free with a paying adult (excluding Club areas).
Weekend packages for three full days of racing, music, and entertainment at Charlotte Motor Speedway start at $99, plus taxes and fees. Visit their website for complete details, schedules, and ticket information.
![]() Greg Walter |
The stakes are going to be high when the Xfinity Series returns for the BetMGM300 this Memorial Day Weekend, but one sure bet is that the fans will ultimately be the big winners. With a weekend full of great music, driver appearances, and interactive displays in BetMGM Speed Street and high-octane action on the track, this will be the can’t-miss event to kick off summer. – Greg Walter | Charlotte Motor Speedway President and General Manager |
The Historic Home of NASCAR
One of the 20th century’s greatest pieces of sports writing is about a stock car driver, and it contains one of the century’s most extraordinary anecdotes.
Just down the road from Charlotte, in Wilkes County, N.C. Tom Wolfe wrote The Last American Hero Is Junior Johnson for Esquire in 1965, when NASCAR was in its early days, and if you’re interested in the history of racing or just in great writing, it’s a must-read.
Junior put on such a show one night on a dirt track in Charlotte that he broke two axles, and he thought he was out of the race because he didn't have any more axles, when a good old boy came running up out of the infield and said, “Goddamn it, Junior Johnson, you take the axle off my car here, I got a Pontiac just like yours!” and Junior took it off and put it on his and went out and broke it too.
It's unlikely any fans will come out of the stands in Charlotte this year to offer parts of their own cars to someone like Kyle Busch, but for sure, they’d love to have that chance.
Charlotte Motor Speedway
Charlotte Motor Speedway offers visitors behind-the-scenes speedway and race shop tours, a chance to explore the NASCAR Hall of Fame, and the chance to drive an 800-horsepower stock car.
BetMGM Sportsbook & Casino
Partnerships with sports are an increasingly important marketing tool for sports books. The most recent statistics estimate BetMGM’s marketing budget to be between $150 and $250 million, with fully 20% allocated to partnerships.
BetMGM operates in 29 markets and offers mobile and retail offerings. The BetMGM Sportsbook app is accessible on iOS, Android, and desktop. Founded in 2018, BetMGM offers sports betting and online gaming via brands that include BetMGM Casino, Borgata Casino, Party Casino, and Party Poker.
Responsible Gambling
BetMGM’s ongoing commitment to resources ing responsible gaming includes the industry-leading program GameSense, which has been developed and licensed to MGM Resorts. The company has integrated the program into its mobile and desktop platforms so that customers can get the same GameSense experience they do at MGM Resorts properties nationwide, besides BetMGM’s already existing responsible gambling tools.