Announcement comes as BetMGM's platform
prepares to launch in Kansas
JERSEY
CITY, N.J., Sept. 1,
2022 /PRNewswire/ -- BetMGM, a leading sports betting
and iGaming operator, has entered into a multi-year partnership
with the Kansas City Chiefs to become one of the team's first
sports betting partners.
"With a rich history and a passionate fan base, the Kansas City
Chiefs are an ideal partner," said BetMGM Chief Revenue Officer
Matt Prevost. "As we launch our
sports betting platform in Kansas,
we look forward to elevating the game day experience for Chiefs
fans throughout the region."
Under the agreement, BetMGM signage will be present inside GEHA
Field at Arrowhead Stadium. BetMGM content also will be featured
across the Chiefs' digital channels with special offers, game day
experiences and prizes available to fans and season ticket
members.
Chiefs President Mark Donovan
said, "As an industry leader in the space, we are excited to
welcome BetMGM to Chiefs Kingdom. We have invested significant time
and energy advocating for sports wagering legislation and today's
announcement is going to open the doors for our fans to add to
their experience for the 2022 season and beyond."
Upon launching in Kansas,
BetMGM will operate in 24 markets with mobile and retail offerings.
The BetMGM Sportsbook app is accessible on both iOS and Android, as
well as via desktop at www.betmgm.com.
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.
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
www.betmgminc.com/.
About the Kansas City Chiefs
Founded as the Dallas
Texans in 1960 as a charter member of the American Football League
(AFL) by sports pioneer Lamar Hunt,
the franchise moved to Kansas City
in 1963 and became known as the Kansas City Chiefs. The team
currently competes in the West Division of the American Football
Conference (AFC) in the National Football League (NFL). Under the
guidance of the Hunt Family and the leadership of Chairman and CEO
Clark Hunt, the mission of the
Kansas City Chiefs is to Win with Character, Unite our Community,
Inspire our Fans and Honor Tradition. For information about the
Kansas City Chiefs, visit www.chiefs.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