JERSEY CITY, N.J., Aug. 2, 2021 /PRNewswire/ -- Leading sports
betting operator BetMGM is partnering with digital-first news
network Cheddar News to launch Cheddar Bets, a weekly
program offering a first-of-its-kind exploration of the
intersection of sports betting and financial markets. The
partnership between the two companies also establishes BetMGM as
the "Exclusive Sports Betting Partner of Cheddar News."
"Cheddar News is focused on what's next in the worlds of tech,
science, innovation, and reaching the modern and always-online news
consumer," said Liam Roecklein, SVP
& General Manager, Cheddar News. "Now, together in partnership
with BetMGM, Cheddar Bets will dive deep into the world of
sports betting and its effect on sports, technology, financial
markets, regulation and more, all while highlighting the community
that has changed the game and continues to drive the sports betting
industry forward."
Airing Thursdays at 4:30 p.m. ET
on Cheddar News, Cheddar Bets will broadcast from a
custom-built BetMGM studio in New York and dive into the
weekly sports calendar, seen through the lens of sports betting,
and its impact on Wall Street. Cheddar Bets will also
provide insider access to behind-the-book intel from BetMGM's
oddsmakers. The show premieres Thursday,
August 19th.
Matt Prevost, Chief Revenue
Officer, BetMGM, said, "As BetMGM continues to invest in innovative
sports betting content, we've found a great partner in Cheddar
News. Through Cheddar Bets we'll provide informative and
entertaining programming to engage new audiences."
The BetMGM app is available on both iOS and Android, as well as
accessible via desktop. As BetMGM continues to expand to new areas,
responsible gaming education remains a key
focus. BetMGM is proud to provide resources to help
customers play responsibly. For more information on BetMGM,
follow @BetMGM on Twitter.
About Cheddar News
Cheddar News is the voice of what's
next. As the digital-first news network, Cheddar News
provides in-depth reporting and updates on trending stories in
tech, innovation, business, politics, media, entertainment and
culture. We feed our viewers' curiosity about what's next with live
news and original shows covering the people, ideas and innovations
that are shaping their world. Daily programming on Cheddar News
includes: Wake Up with Cheddar, Opening
Bell, Between Bells, Closing
Bell, and Cheddar's News Wrap. The network is
also home to original news series including All Hands: Race
Toward Inclusion, which focuses on the efforts needed to incite
change, expose injustices and strive for diversity and equality
across all sectors of business and within our communities and
primetime show None of the Above with J.D. Durkin which
offers a fresh take on the news of the day, exploring the
intersection of politics, technology, business, science and more.
Cheddar News is available on all major OTT systems including Hulu,
YouTube TV, Pluto, Samsung TV+ and more and can also be found on
major cable systems like Optimum and Spectrum. Cheddar News, owned
and operated by Altice USA, is
part of the Altice News group, which also includes hyperlocal news
from News 12 and the global and current affairs network
i24NEWS. For more on Cheddar News, visit Cheddar.com.
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
https://www.betmgm.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 benefits of the relationship. 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.
Media Contacts
Erin Smyth
Altice USA/Cheddar News
erin.smyth@alticeusa.com
Elisa Richardson
BetMGM
press@betmgm.com
Robert Flicker
Kirvin Doak Communications
betmgm@kirvindoak.com
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SOURCE BetMGM