MAJOR LEAGUE BASEBALL EXPANDS ITS PARTNERSHIP WITH MGM RESORTS INTERNATIONAL & BETMGM
MGM Rewards Named Title Sponsor of All-Star Celebrity Softball Game and Presenting Sponsor of All-Star
Musical performance of Saturday’s extra rounds; BetMGM continues to be an official sports betting partner
NEW YORK, July 14, 2022 /PRNewswire/ — Major League Baseball (MLB), MGM Resorts International (NYSE: MGM) and BetMGM, a leading sports betting and digital gaming operator, today announced the renewal and expansion of a historic integrated partnership that in 2018 named MGM Resorts as MLB’s first official gaming sponsor. Under the renewed multi-year agreement, BetMGM will continue to be an official sports betting partner of MLB, nationally marketing its brand and gaming options across a variety of league and team platforms, including MLB Network, MLB.com and the MLB App Portfolio. .
MGM Rewards, the loyalty program of MGM Resorts, will be the title sponsor of this year’s All-Star Celebrity Softball game and the presenting sponsor of the first-ever All-Star Saturday Extra Innings musical performance at Dodger Stadium.
“We are thrilled to extend and expand our groundbreaking work with Major League Baseball,” said Lance Evans, Senior Vice President of Sports and Sponsorship, MGM Resorts. “We are incredibly proud of the growth and innovation that has transformed our industries since the launch of our partnership four years ago, and we look forward to continuing to innovate and deliver world-class sports and entertainment experiences. to baseball fans around the world.”
The partnership between BetMGM and MLB includes the use of data in sports betting, promotion on MLB-owned media platforms, national and international activations at MLB events, as well as multiple fan experiences.
Chief Revenue Officer of BetMGM Matt Prevost added, “It’s an exciting day to announce the extension of our partnership with MLB. Working with the League allows us to reach new audiences while delivering a premier baseball betting product. We are looking forward to developing our industries together.”
The long-term extension between MGM Resorts and MLB includes sponsorship of Bettor’s Eye, MLB’s digital baseball show on MLB.TV, focused on betting for fans who want to engage on a deeper level in this aspect of the game. BetMGM will continue to be recognized as an MLB Authorized Gaming Operator and will use MLB’s official statistics feed in live domestic and digital sports gaming options on a non-exclusive basis. MLB will make enhanced statistics available to BetMGM on an exclusive basis. MLB, MGM Resorts and BetMGM will continue to work together on comprehensive responsible gambling measures and to protect the integrity of the game, both on and off the field.
“Since the inception of this historic partnership four years ago, MGM Resorts and BetMGM have been truly collaborative and innovative business partners for Major League Baseball. With the success of Bettor’s Eye and the introduction of All-Star Saturday’s Extra Innings, we look forward to seeing how MGM Resorts and BetMGM continue to expand their business with baseball.”
Since becoming the first-ever Official Gaming and Entertainment Partner of MLB in 2018, MGM Resorts and BetMGM have expanded their commitment to baseball by partnering with several MLB clubs at various levels, including Boston Red Sox, Detroit Tigers and Los Angeles Dodgers. , New York Mets, New York Yankees, Houston Astros and Washington nationals. As part of the partnership with the Nationals, BetMGM has built the first retail sports betting site connected to an MLB stadium and is the only mobile sports betting app available at Nationals Park.
ABOUT MGM RESORTS INTERNATIONAL
MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations offering best-in-class hotels and casinos, state-of-the-art meeting and conference spaces, incredible live and theatrical entertainment, and a huge range of dining, nightlife and retail offerings. MGM Resorts creates immersive and iconic experiences through its suite of Vegas– inspired brands. The MGM Resorts portfolio includes 33 unique hotel and gaming destinations around the world, including some of the most recognizable resort brands in the industry. The Company’s 50/50 business, BetMGM, LLC, offers online sports betting and gaming in the United States through market-leading brands, including BetMGM and partypoker. The Company is currently pursuing targeted expansion into Asia thanks to the resort opportunity integrated into Japan. Through his “Focused on What Matters: Embracing Humanity and Protecting the Planet” philosophy, MGM Resorts is committed to creating a more sustainable future, while striving to make a greater difference in the lives of its employees, guests and the communities where it operates. The global employees of MGM Resorts are proud to have their company recognized as one of the World’s Most Admired Companies by FORTUNE® magazine. For more information, visit www.mgmresorts.com. Please also contact us @MGMResortsIntl on Twitter as good as Facebook and instagram.
BetMGM is a leading company in the sports betting and gaming entertainment market, a pioneer in the online gaming industry. Born of a partnership between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT), BetMGM has exclusive access to all MGM land-based and online sports betting in the United States, major poker tournaments and to online gaming companies. Using state-of-the-art US-licensed Entain technology, BetMGM offers online sports betting and gaming through market-leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit http://www.betmgminc.com/.
Statements contained in this release that are not historical facts are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and involve risks and/or uncertainties, including those described in public documents filed by MGM Resorts with the Security and Exchange Commission. Forward-looking statements can be identified by the use of forward-looking words such as “believes”, “expects”, “could”, “may”, “will”, “should”, “seek”, “probable”, “intends”, “plans”, “pro forma”, “projects”, “estimates” or “anticipates” or the negative form of these words and phrases or similar words or phrases which are predictions or indicate events or trends and which relate solely to historical matters. MGM Resorts has based its forward-looking statements on management’s current expectations and assumptions and not on historical facts. Examples of such statements include, but are not limited to, MGM Resorts’ expectations regarding the benefits of the partnership. These forward-looking statements involve a number of risks and uncertainties. Important factors that could cause actual results to differ materially from those indicated in such forward-looking statements forward-looking include risks related to the continued impact of the COVID-19 pandemic on MGM Resorts’ business, the effects of economic and market conditions in the markets in which MGM Resorts operates and competition with other travel destinations through United States and the world, the design, timing and costs of expansion projects, risks associated with international operations, permits, licenses, financing, approvals and other contingencies in connection with growth in new or existing jurisdictions and additional risks and uncertainties described in MGM Resorts Reports Form 10-K, Form 10-Q and Form 8-K (including any amendments to such reports). By providing forward-looking statements, MGM Resorts assumes no duty or obligation to update such statements publicly as a result of new information, future events or otherwise, except as required by law. If MGM Resorts updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to such other forward-looking statements.
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SOURCEMGM Resorts International; BetMGM