Promotions which include Bonuses Issued and Free (Sports Only) Bets. Taxes Withheld (from sports wagers only) which include Federal Tax and State Tax. Points earned through BetMGM Sportsbook, Casino …The End of Year Statement includes: Initial Balance as of January 1st of prior year which includes bonuses. The latest changes allow for more chances to win with some crossover between points-gathering abilities. Players that visit MGM sites online and on-soil can now enjoy a new loyalty rewards program, BetMGM Rewards, in addition to the now-revamped, former M Life Rewards program.