Agreement establishes BetMGM's presence in
Texas
JERSEY
CITY, N.J., May 9, 2022
/PRNewswire/ -- BetMGM, a leading sports betting and iGaming
operator, today announced that the company now is the exclusive
Sports Betting Partner of the Houston Astros. This marks BetMGM's
first relationship in Texas.
"The Houston Astros are a monumental addition to our portfolio
of strategic partnerships with professional sports teams across the
U.S.," said BetMGM CEO Adam
Greenblatt. "The organization's passionate fan base will be
key to the growth of BetMGM throughout the South as we look for new
ways to engage fans with unique experiences that go beyond the
game."
Under the agreement, BetMGM signage will be prominently featured
at Minute Maid Park. This includes a permanent outfield wall sign
and rotational promotional messaging behind home plate. Astros fans
will have the opportunity to participate in a variety of VIP
experiences exclusive to BetMGM customers. These include throwing
out the first pitch, on-field access to batting practice, and VIP
getaways for away games, among others. BetMGM and the Astros also
will team up to offer special betting promotions for BetMGM
customers in Louisiana.
Giles Kibbe, Senior Vice
President, General Counsel for the Astros, said, "We are looking
forward to our partnership with BetMGM. As we continue to strive
for new ways to add to the fan experience, this partnership will
provide another way for the Astros to engage with our fans."
As BetMGM continues to expand into new markets, responsible
gaming education remains a key focus. BetMGM is proud to provide
resources to help customers play responsibly including GameSense,
an industry leading program, developed and licensed to MGM Resorts
by the British Columbia Lottery Corporation. Through the GameSense
integration within BetMGM's mobile and desktop platforms, customers
can directly access responsible gaming tools.
With both retail and mobile offerings, BetMGM currently operates
in 23 markets. The BetMGM Sportsbook and BetMGM Casino apps are
accessible on both iOS and Android, as well as, via desktop
at http://www.betmgm.com/. For more information on BetMGM,
follow @BetMGM on Twitter.
About BetMGM
BetMGM is a market-leading sports betting and gaming entertainment
company, pioneering the online gaming industry. Born out of a
partnership between MGM Resorts International (NYSE: MGM) and
Entain Plc (LSE: ENT), 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 Entain'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. Founded in 2018, BetMGM is
headquartered in New Jersey. 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 those described
in MGM Resorts' public filings with the SEC. Forward-looking
statements are based on management's current expectations and
assumptions and not on historical facts. Examples of these
statements include, but are not limited to, statements regarding
the future results of BetMGM. Among the important factors that
could cause actual results to differ materially from those
indicated in such forward-looking statements include effects of
economic conditions and market conditions in the markets in which
MGM Resorts operates and competition with other destination travel
locations throughout the United
States and the world, the design, timing and costs of
expansion projects, risks relating to international operations,
permits, licenses, financings, approvals and other contingencies in
connection with growth in new or existing jurisdictions and
additional risks and uncertainties described in MGM Resorts' Form
10-K, Form 10-Q and Form 8-K reports (including all amendments to
those reports). In providing forward-looking statements, MGM
Resorts 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 MGM Resorts 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.
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SOURCE BetMGM