New Sportsbook Opening Year-Round at Great
American Ball Park in January
2023
CINCINNATI, Oct. 11,
2022 /PRNewswire/ -- BetMGM, a leading sports betting
and iGaming operator, today announced the company now is an
Official Sports Betting Partner of the Cincinnati Reds. The new
relationship strengthens BetMGM's presence in Ohio ahead of the state's scheduled launch of
legalized sports betting on January 1,
2023.
"Today's announcement marks the beginning of our plans to create
the most entertaining and dynamic sports betting experiences in
Ohio," said BetMGM CEO
Adam Greenblatt. "Through our
relationships with the Reds and MGM Northfield Park, we look
forward to bringing unique BetMGM content to Ohio's passionate sports fans."
The multi-year agreement includes plans to open a retail BetMGM
Sportsbook at Great American Ball Park. The BetMGM Sportsbook will
be in the space currently serving as the Machine Room restaurant on
the northeast side of Great American Ball Park. It will only be
accessible from outside the ticketed areas of the ballpark via the
arena plaza level entrance. The new venue will allow fans to watch
and wager on games all year long.
This marks BetMGM's second sportsbook at a Major League Baseball
stadium, joining the BetMGM Sportsbook at Nationals Park in
Washington D.C. which opened in
January 2022.
BetMGM signage will be prominently featured at Great American
Ball Park, including a permanent outfield wall sign, messaging
behind home plate, and a branded foul line during select games.
BetMGM, which will have its own suite and club seats at the
stadium, also plans to curate VIP experiences for its fans
including on-field access during batting practice.
Doug Healy, Cincinnati Reds Chief
Financial Officer, said, "With sports gaming coming to Ohio, the Reds sought to bring the highest
quality operator to our ballpark for those fans who choose to
participate in sports gaming. BetMGM is renowned for their
expertise in entertainment and sports gaming, and we believe their
brand best fits our high customer standards and will also help draw
visitors to our city."
Reds fans will have access to the BetMGM Sportsbook app offering
a user-friendly mobile gaming experience, providing the opportunity
to customize pre-game, live in-play, futures and parlay wagers.
Today's news comes on the heels of BetMGM extending its
relationship with Major League Baseball as an Official Sports
Betting partner. Since becoming MLB's first-ever Official Gaming
Partner and Entertainment Partner in 2018, MGM Resorts and BetMGM
have continued to grow their commitment to baseball.
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
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 benefits of the partnership. 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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