Is "BETMGM BORGATAWHEEL XXXXX5833" fraud?

Written by Sage Wallace

June 18th, 2024

Medium Risk

What is "BETMGM BORGATAWHEEL XXXXX5833"?

BetMGM is a joint venture between MGM Resorts International and Entain Holdings, established in 2018. The company operates in the sports betting and online gaming industry. They provide a range of retail products, including sports betting services, online casino games, and poker. BetMGM offers these services through its digital platform, which is accessible via both desktop and mobile applications. The company operates in multiple states where sports betting has been legalized.

**BETMGM**: The sender or merchant associated with the transaction (in this case, possibly an online gaming or betting service).

**BORGATAWHEEL**: Description or identifier related to the specific service or location (in this case, possibly the Borgata Casino's online wheel game or service).

**XXXXX5833**: Partial or masked account or card number used for the transaction.

Verify if this transaction is fraud in 30 seconds

Verify With Receipt

The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.

Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.

STEP 1

Connect your Email

Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.

STEP 2

Connect Your Bank

Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.

STEP 3

Reconcile

Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.