MGM Resorts named official gaming partner of the NBA and WNBA
June 26, 2018
The NBA and the WNBA have today announced that they have secured the first-ever US sports betting partnership after signing an agreement with the global hospitality and entertainment company MGM Resorts.
MGM will also gain the rights to video highlights and logos in a three-year-deal which estimated to be worth around at least $25 million.
The deal comes three months after the Professional and Amateur Sports Protection Act of 1992 was repealed by the Supreme Court allowing for each state to have full autonomy over sports betting legalisation.
“As the landscape for sports betting in the US continues to evolve at a rapid pace, MGM Resorts is a proven gaming leader for us to work with on this groundbreaking partnership,” said the NBA Commissioner Adam Silver.
“Our collaboration will result in the best possible gaming and entertainment experience for consumers through the use of accurate, real-time NBA and WNBA data, and our collective efforts to maintain and enhance the integrity of our games.”
Nearly $1.5 billion was wagered on basketball at Nevada sportsbooks in 2017 making it the second most bet-on sport behind American football.
MGM has been the title sponsor of the NBA Summer League for the past two season and they also own the WNBA team Las Vegas Aces who play at the MGM’s Mandalay Bay Events Center.
“The NBA has always been an innovator at the forefront of sports evolution, and MGM Resorts is thrilled to partner with the league to revolutionize sports betting in the United States,” said the MGM Resorts CEO Jim Murren.
“Integrating the NBA’s assets and having official NBA data showcased across the MGM Resorts platforms will provide us with a distinct advantage and instil more confidence in knowing that our data is directly from the NBA.”
MGM is the world’s largest casino operator and currently operate in Michigan, Mississippi, Nevada and New Jersey.
Author: Tom Mortimer
Tom is the editor at Betting Circle and has been creating online content for over 10 years. Tom mainly writes about sport and gambling, but every now and then also delves into fleshier subjects like politics and psychology. When he was 18 he created HungarianFootball.com and over the last few years he's written on a freelance basis for ESPN, WorldSoccer, Goal.com, among many others.