CHANDLER, Ariz., Aug. 9, 2021 /PRNewswire/ -- BetMGM
announced today partnerships with Gila River Hotels & Casinos
and the Arizona Cardinals for retail and online sports
betting, establishing its first relationships in the state of
Arizona. BetMGM plans to bring its
industry leading platform online once legalized sports betting
launches in Arizona. The company
also plans to open retail sportsbooks at the three Arizona Gila
River properties and at State Farm Stadium, home of the
Cardinals.
"Arizona sports fans are
extremely passionate and we're confident they'll enjoy the BetMGM
experience," said BetMGM CEO Adam
Greenblatt. "Gila River Hotels & Casinos and the Arizona
Cardinals represent the state's premier casino destinations and
sports franchise, making them the ideal partners for us."
Gila River Hotels & Casinos operates three Arizona locations, all owned by the Gila River
Indian Community: Wild Horse Pass, Lone
Butte, and Vee Quiva. All
three will feature custom built BetMGM Sportsbooks, set to open
near football season, reflective of its sports-centric brand.
Gila River Hotels & Casino CEO, Kenneth Manuel, said, "Gila River Hotels &
Casinos and the Arizona Cardinals have an everlasting partnership,
offering guests exclusive experiences and remarkable rewards. As we
explored our partner in sports betting, the unity with BetMGM, The
King of Sportsbooks, ensures we deliver beyond all expectations.
There is no doubt in my mind these three industry leading brands
unifying will deliver the ultimate experience in Arizona sports betting, solidifying Gila River
Hotels & Casinos as Arizona's
Sports HQ."
Stephen Lewis, Governor of the
Gila River Indian Community, said, "This is an excellent
development, and I want to thank Ken and his team for leading the
way again for our Community on this innovative partnership with our
great friends, the Cardinals, and our new partner BetMGM.
Building on the successful launch of our new table games at Wild
Horse Pass, this new sports betting
operation will now continue our successful implementation of our
historic new Compact arrangement."
BetMGM plans to open a BetMGM Sportsbook at State Farm Stadium,
with a targeted opening in time for the 2022 NFL season.
Arizona Cardinals owner Michael
Bidwill said, "This is a tremendous opportunity to build
upon our long-standing relationship with Gila River and launch a
new one with BetMGM. They are best-in-class partners whose
excellence and expertise in this emerging space will provide a new
and innovative way to engage and interact with our fans."
As BetMGM continues to expand its sports betting platforms to
new states, 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 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 Entain (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 PartyPoker. For
more information, visit http://www.betmgm.com/.
About Gila River Hotels & Casinos
Gila River
Hotels & Casinos has been operating three locations in
Arizona for over 25 years, all
owned by the Gila River Indian Community: Wild Horse Pass,
Lone Butte, and Vee Quiva. The hotels at Wild Horse Pass and
Vee Quiva are Four Diamond
accredited. All three casinos offer a combination of slots, table
games, poker and more, and are open 24 hours a day, 365 days a
year. Additional information is available at 1-800-946-4452 or at
PlayAtGila.com.
About the Arizona Cardinals
The Cardinals were founded
in 1898 and in 1920 became a charter member of the National
Football League. The club holds the distinction of being the oldest
continuously-operated franchise in professional football. While it
has been in existence for more than a century and enjoys a long,
rich history, the team's greatest success has come in the last 15
years. In that span, the Cardinals have won their division three
times, advanced to the conference championship game twice and
earned the franchise's first-ever Super Bowl appearance. Away from
the field, the organization's commitment to the community is a
year-round mission, highlighted by the efforts of Cardinals
Charities which was founded in 1990 to improve the quality of life
and enhance opportunities for children, women and minorities in
Arizona.
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. MGM Resorts has based
forward-looking statements 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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