NEW YORK and LONDON and LAS
VEGAS, Nov. 8, 2018
/PRNewswire/ -- Sportradar, the global leader in analyzing and
leveraging the power of sports data, today announced an agreement
with MGM GVC Interactive LLC, the joint venture between MGM Resorts
International (NYSE: MGM) ("MGM Resorts") and GVC Holdings PLC
(LON: GVC) ("GVC"), to be its exclusive provider within
the United States of sports
betting data from certain US sports leagues which Sportradar has
the right to distribute. MGM GVC Interactive was formed in
July 2018 to engage in the new
opportunities created by the recent Supreme Court decision
overturning the federal Professional and Amateur Sports Protection
Act, or PASPA.
"MGM and GVC are leaders in the sports betting landscape, and we
are proud to be their provider for US sports data," said
Neale Deeley, VP Gaming Sales,
Sportradar. "We have been preparing for the opening of the US
market for some time now with an across the board ramp up of our US
sports betting offering and we are delighted with this endorsement
from MGM and GVC that all the hard work is delivering what world
class betting operators are looking for."
The agreement covers a wide range of pre-match and live betting
services along with bet stimulation content such as live match
trackers. It is the latest development in a longstanding
relationship which is built on trust and collaboration.
Adam Greenblatt, MGM GVC
Interactive's CEO commented, "We have a clear and simple objective;
to provide our US customers with the best and broadest range of
betting products in the market. Sportradar is a great partner to
help us get there, enabling us to offer a huge spectrum of US
sports events while leveraging off our global portfolio."
ABOUT SPORTRADAR
Sportradar is the leading global
provider of sports data intelligence. The nexus between sports and
entertainment, the company serves leagues, news media, consumer
platforms and sports betting operators with deep insights and a
suite of strategic solutions to help grow their businesses.
Sportradar is the trusted partner of more than 1,000 companies in
over 80 countries and serves as the official partner of the NBA,
NFL, NHL and NASCAR as well as FIFA and UEFA. It is also the only
provider entrusted to work with the US sports leagues in an
official capacity to distribute sports data (NBA and NHL) and AV
rights (MLB) around the world for betting purposes. The company
monitors and delivers insights from more than 400,000 matches
annually across 60 sports categories, having developed the
industry's most proficient software while setting new standards for
speed and accuracy. With deep industry relationships, Sportradar is
not just redefining the sports fan experience; it also safeguards
the sports themselves through its Integrity Services division and
advocacy for an integrity-driven ecosystem that is fair to
partners, players and fans. For more information, visit
www.sportradar.com.
ABOUT MGM RESORTS INTERNATIONAL
MGM Resorts
International (NYSE: MGM) is an S&P 500® global entertainment
company with national and international locations featuring
best-in-class hotels and casinos, state-of-the-art meetings and
conference spaces, incredible live and theatrical entertainment
experiences, and an extensive array of restaurant, nightlife and
retail offerings. MGM Resorts creates immersive, iconic experiences
through its suite of Las
Vegas-inspired brands. The MGM Resorts portfolio encompasses
28 unique hotel offerings including some of the most recognizable
resort brands in the industry. Expanding throughout the U.S. and
around the world, the company in 2018 opened MGM Springfield in
Massachusetts, MGM COTAI in
Macau, and the first
Bellagio-branded hotel in Shanghai. The 81,000 global employees of MGM
Resorts are proud of their company for being recognized as one of
FORTUNE® Magazine's World's Most Admired Companies®. For more
information visit us at www.mgmresorts.com.
ABOUT GVC HOLDINGS
GVC Holdings PLC is one of the
world's largest sports betting and gaming groups, operating both
online and in the retail sector. The Group owns a comprehensive
portfolio of established brands; Sports Brands include bwin, Coral,
Crystalbet, Eurobet, Ladbrokes and Sportingbet; Gaming Brands
include CasinoClub, Foxy Bingo, Gala, Gioco Digitale, PartyCasino
and partypoker. The Group owns proprietary technology across all of
its core product verticals and in addition to its B2C operations
provides services to a number of third-party customers on a B2B
basis. GVC acquired Ladbrokes Coral Group plc on 28 March 2018 and is now the UK's largest high
street bookmaker, with over 3,500 betting shops. The Group,
incorporated in the Isle of Man,
is a constituent of the FTSE 100 index and has licenses in more
than 20 countries, across five continents.
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 any expected benefits to be achieved as a
result of the agreement. 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 the joint
venture operates and competition with other sports betting and
online gaming platforms, risks relating to gaming 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 MGM Resorts International