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MGM GVC Interactive Announces Sportradar As An Exclusive Supplier Of U.S. Sports Data

George Miller

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MGM GVC Interactive Announces Sportradar As An Exclusive Supplier Of U.S. Sports Data
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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.

 

Source: MGM Resorts International

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Gambling in the USA

Federal government approves Connecticut tribal casino

Niji Narayan

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Federal government approves Connecticut tribal casino
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The Mashantucket Pequot and Mohegan tribes have won the legal battle to obtain federal license for tribal casino in have finally won their battle. Construction work will begin at their Connecticut tribal casino in East Windsor.

“I’m very happy that finally we’ve got a decision,” state Senator Cathy Osten, who represents the casino’s district, said. “I can’t wait to get out there to cut the ribbon as people pour into Tribal Winds.”

Osten had proposed a bill to let tribal joint venture MMCT open the venue without federal approval. However, she believes it will likely not go up for a vote after recent news.

The venue will be developed outside tribal land as it was proposed to counter the MGM Springfield over the Massachusetts state border.

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Gambling in the USA

Virginia on the verge of allowing gambling

Niji Narayan

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Virginia on the verge of allowing gambling
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Virginia, one of the handful of US states that do not allow casinos and other forms of gambling, is on the verge of legalising casino gaming, online gambling and sports betting. The gaming expansion bill is waiting for the approval of Governor Ralph Northam. Once the governor signs it, the bill becomes law and gambling becomes a reality.

The legislation, SB 1126, authorises the Virginia Lottery Board to approve a casino license per city in the state, if the city meets certain criteria. The criteria include at least 40 per cent of the land area has to be exempt from local real property taxation. Or 24 per cent if an Indian tribe of the state is conducting gaming.

The city must also have an unemployment rate of 5 per cent in November 2017 or at 4 per cent if located next to a stat has Border Region Retail Tourism Development District Act. The population must also be larger than 200,000 based on estimates from 2017.

Any casino in the state must also provide the local community with support. On top of the stated criteria, a proposal for a casino must pass via a local referendum that is adopted before 1 January 2021.

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Gambling in the USA

San Manuel Names New CEO

George Miller

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San Manuel Names New CEO
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Tribe elevates San Manuel Casino GM Loren Gill to lead enterprise and continue growth trajectory, building toward the future

 

The San Manuel Band of Mission Indians announced it has named Loren Gill as Chief Executive Officer, succeeding Jerry Peresa who was named CEO Emeritus in September 2018. Since joining San Manuel Casino as General Manager in 2015, Gill has led the Casino through unprecedented, sustained growth. In his new role, he will be responsible for overall leadership and strategic operations for San Manuel Tribal Government Operations as well as San Manuel Casino.

“Loren exemplifies the Tribe’s vision, mission and values and is committed to further unifying San Manuel across the enterprise,” said Lynn Valbuena, Chairwoman of the San Manuel Band of Mission Indians. “While his long career in the gaming industry speaks to his expertise in casino management, it is his passion for and commitment to the Tribe that make him the right person to lead our Tribal Government Operations and Casino enterprises.”

Gill has played a key leadership role both for San Manuel Casino and in the transition of the Tribal Government Operations as a member of the Interim Office of the CEO. In both roles, Gill was the key lead of the Yaamava’ expansion project, which will ultimately usher the Tribe toward a brighter future and extend San Manuel Casino’s position as one of the top entertainment destinations in Southern California.

“I am honored to serve in this important role and for the opportunity to work even closer with the Tribe to create a brighter future for San Manuel,” said Loren Gill, Chief Executive Officer of San Manuel. “The Tribe is very special to me, and I am grateful to contribute in my new role to an organization that has done so much to help others.”

With Gill’s appointment, Peter Arceo has been named Interim General Manager of San Manuel Casino until the role is filled, with an internal and external talent search currently underway. As the Casino’s Chief Operating Officer since August 2018, and, prior to that, Chief Marketing Officer since 2015, Arceo has been instrumental to the Casino’s success.

“As excited as I am to serve in a new role as San Manuel CEO, I know the casino will continue to flourish with the current leadership team,” said Gill. “Peter is a great leader who embodies our core values, and I am looking forward to continue working with him and the rest of our executive leadership team to build a greater future, together.”

About San Manuel Band of Mission Indians:
The San Manuel Band of Mission Indians is a federally-recognized Indian tribe located on the San Manuel Indian Reservation near Highland, California. San Manuel exercises its inherent sovereign right of self-governance and provides essential services for its citizens by building infrastructure, maintaining civil services, and promoting social, economic and cultural development. As descendants of the indigenous people of the San Bernardino highlands, passes, valleys, mountains and high deserts, the Serrano people of San Manuel have called this area home since time immemorial and are committed to remaining a productive partner in the San Bernardino region.

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