NEW YORK – Major League Baseball has become the latest sports league in the United States on Tuesday to work with the betting operator. Commissioner Manfred has announced a multi-year agreement with MGM Resorts International.
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The association designates MGM as the first official MLB betting and entertainment partner. MGM Sports Betting will start using official baseball statistics and will only have access to improved statistics. Additionally, MLB's intellectual property and league logos will appear in MGM's advertising and bookmakers. MGM will also be featured in the All-Star and World Series stars.
Financial terms were not disclosed.
Following a recent ruling by the Supreme Court, this sport is about to cross a potentially profitable, exciting, mysterious and confusing new frontier.
The decision of the Supreme Court to legalize bets in the United States was necessary, and in the long run it would be more positive than negative for one of the pillars of the country's economy.
Mark Cuban, owner of Dallas Mavericks, who was open to legalized sports, said on Monday that the Supreme Court's decision "doubled the value of professional sports concessions per second."
"We are delighted to be working with MGM Resorts International, a clear leader in the field of sports games, working together to provide innovative experiences to baseball fans and MGM customers," Manfred said in a statement. , "Our partnership with MGM helps us to better orient ourselves in this evolving space and we look forward to opportunities for fans to participate in the future."
MLB is the third professional sports league in the United States, which became MGM's partner after the NBA in June and the NHL in October. This continues to change the American sports scene.
May was the Supreme Court of the United States. UU abolished the 1992 Law on the Protection of Sporting Amateurs and Professionals, a federal law that restricted state sponsored sports betting to Nevada in particular. Since then, regulated betting offices have opened in Delaware, Mississippi, New Jersey, New Mexico, Pennsylvania, Rhode Island and West Virginia.
"We are excited to enter into this historic partnership with the MLB," added MGM President and CEO Jim Murren in his statement. "We are excited to create a new and unique experience for baseball fans." The combination of entertainment and world-class MGM Resorts technology with MLB data will continue to transform the fast-changing industry, further expanding our partnership with GVC JV, firmly establishing MGM Resorts and playMGM as a market leader in partnership with major professional sports leagues. "
PlayMGM is the mobile gaming platform of the company.
Under the agreement, MLB and MGM will work together on Responsible Gaming and Integrity Games efforts.
The association will expand internationally to Japan where MGM will be on baseball events.