JERSEY CITY, N.J., Nov. 12, 2020 /PRNewswire/ -- BetMGM, a leading
sports betting and digital gaming entertainment company, today
announced Andrew Hagopian will join
BetMGM's executive team as Chief Legal Officer. Hagopian will
oversee the company's legal and compliance departments and
will report to BetMGM's CEO, Adam
Greenblatt.
Most recently, Hagopian was Chief Corporate Counsel of MGM
Resorts International, where he was instrumental in the
collaboration with GVC Holdings to establish BetMGM in 2018. At MGM
Resorts, Hagopian led a team of attorneys and other professionals
responsible for legal aspects of gaming regulatory matters,
property operations, joint ventures, corporate transactions, sports
and entertainment, development, intellectual property, data
privacy, corporate governance, securities, finance and enterprise
contracts.
"BetMGM resides at the intersection of technology and gaming,"
said Hagopian. "This is an exciting opportunity to leverage my
industry and transactional experience at a fast-moving company in a
complex, regulated environment where a strong continued commitment
to excellence in compliance will be essential to our
success."
Adam Greenblatt, CEO, BetMGM
said, "Andrew's deep industry experience, and proven ability to
build and lead a world-class legal team, will serve BetMGM well as
we continue to grow rapidly in a dynamic industry."
Prior to MGM Resorts, Hagopian was an attorney with Gibson Dunn,
a top-tier international law firm representing many Fortune 100
companies. At the firm, he was a member of the corporate
transactions and securities practice group, negotiated complex
M&A transactions and advised public companies on governance and
securities law matters.
Hagopian holds a J.D. from the Georgetown
University Law Center and a B.S. in Business Administration
from the University of Southern
California Marshall School of Business.
For more information, follow @BetMGM on Twitter.
ABOUT BETMGM
BetMGM is a market leading sports betting and digital gaming
entertainment company, pioneering the online gaming industry. Born
out of a partnership between MGM Resorts International (NYSE: MGM)
and GVC Holdings Plc (LSE: GVC), BetMGM has exclusive access to all
of MGM's U.S. land-based and online sports betting, major
tournament poker, and online gaming businesses. Utilizing GVC's
US-licensed state of the art technology, BetMGM offers sports
betting and online gaming via market leading brands including
BetMGM, Borgata Casino, Party Casino and Party Poker. For more
information, visit http://www.betmgminc.com/.
Statements in this release that are not historical facts are
"forward-looking" statements and "safe harbor statements" within
the meaning of the Private Securities Litigation Reform Act of 1995
that involve risks and/or uncertainties, including BetMGM's ability
to grow in new or existing jurisdictions. Management has based
forward-looking statements on current expectations and assumptions
and not on historical facts. Among the important factors that could
cause actual results to differ materially from those indicated in
such forward-looking statements include the effects of economic and
market conditions in the jurisdictions in which BetMGM operates,
competition with other iGaming and sports betting platforms, the
timing and costs of expanding in new jurisdictions as well as
obtaining and maintaining the required permits, licenses,
financings, approvals and other contingencies in connection with
growth in new or existing jurisdictions. In providing
forward-looking statements, BetMGM is not undertaking any duty or
obligation to update these statements publicly as a result of new
information, future events or otherwise, except as required by law.
If BetMGM updates one or more forward-looking statements, no
inference should be drawn that it will make additional updates with
respect to those other forward-looking statements.
MEDIA CONTACT
BetMGM
Elisa Richardson
press@betmgm.com
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SOURCE MGM Resorts International