MGM Resorts International and BetMGM Renew Partnerships with Major League Baseball
Rhea-AI Summary
MGM Resorts (NYSE:MGM) and BetMGM renewed their multi-year partnerships with Major League Baseball, first established in 2018. MGM remains MLB’s exclusive Integrated Resort & Casino Partner, while BetMGM continues as an Official Gaming and Sports Betting Partner across MLB media and digital platforms in the U.S. and Canada.
The renewal supports MLB events such as Awards Week in Las Vegas and All-Star Week, expands co-branded MLB-themed casino games on BetMGM Casino, and highlights responsible gaming initiatives including GameSense and BetMGM’s anti-athlete harassment policy. The companies also keep partnerships with multiple MLB clubs.
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News Market Reaction – MGM
In the Jun 23 session, MGM gained 0.75%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Previous Partnership Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jan 08 | Venue partnership | Positive | +3.0% | New multi‑year partnership promoting The Oasis at Death Valley in Las Vegas. |
| Dec 01 | Sportsbook launch | Positive | +0.4% | BetMGM online and retail sports betting launch with Century Casino in Missouri. |
| Sep 03 | Sports venue deal | Positive | -2.1% | TKO extends partnership for UFC and WWE events at T‑Mobile Arena in Las Vegas. |
| May 28 | Women's sports deal | Positive | -0.6% | BetMGM partnerships with Las Vegas Aces and WNBA, including branded games. |
| May 27 | Sports betting pact | Positive | +2.0% | Century Casinos signs long‑term sports betting partnership with BetMGM in Missouri. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Partnership headlines have produced modest, mixed single‑day reactions, with slightly more moves aligning with the positive nature of the news than diverging.
Key Terms
integrated resort technical
forward-looking statements regulatory
mlb.tv technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Under the multi–year agreements, MGM Resorts also continues as MLB's exclusive Integrated Resort & Casino Partner, delivering world-class experiences to fans across the company's destinations. This includes the continued development and growth of MLB Awards Week in
"As Major League Baseball continues to evolve, we're pleased to extend a partnership that aligns with our long–term vision for global sports and entertainment," said Lance Evans, Senior Vice President of Sports & Sponsorships, MGM Resorts International. "From Las Vegas and throughout the world, we're focused on providing premium experiences that connect sports with hospitality."
BetMGM will continue to market its brand and sports wagering offerings across MLB platforms, including MLB Network, MLB.com and the league's digital portfolio, reaching fans in the
Matt Prevost, Chief Revenue Officer, BetMGM, said, "Major League Baseball offers one of the most engaging, data–rich experiences in sports, and this renewal underscores our shared commitment to innovation, integrity, and responsibility. Together, we're enhancing how fans experience the game, from defining moments on the field to legendary experiences at marquee events like MLB All–Star Week."
As MGM Resorts and BetMGM continue to expand into new markets and introduce new features, responsible gaming remains a key focus. The companies are proud to provide resources to help guests and customers play responsibly including GameSense, an industry-leading program, developed and licensed to MGM Resorts by the British Columbia Lottery Corporation. Through the integration within BetMGM's mobile and desktop platforms, customers can receive the same GameSense experience they have grown to rely on at MGM Resorts properties nationwide. This complements BetMGM's existing responsible gambling tools which serve to provide customers with an entertaining and safe digital experience. BetMGM also enforces a comprehensive anti–athlete harassment policy to support sportsmanship and protect the integrity of the game.
Uzma Rawn Dowler, MLB Chief Marketing Officer & Senior Vice President, Global Corporate Partnerships, said, "MGM Resorts and BetMGM have been great partners to Baseball for nearly a decade. We're excited to continue our relationship and together help create more unique experiences for our fans."
Additionally, MGM Resorts and BetMGM maintain partnerships and relationships with a variety of MLB teams including the Boston Red Sox, Cincinnati Reds, Detroit Tigers, Houston Astros, Los Angeles Dodgers, New York Yankees, Philadelphia Phillies, Pittsburgh Pirates, and Washington Nationals.
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
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
About Major League Baseball
Major League Baseball (MLB) is the most historic professional sports league in
About British Columbia Lottery Corporation
BCLC is a social purpose company based in British Columbia, Canada that is committed to delivering win-wins for the greater good while providing lottery, casino and sports gambling entertainment in a way that serves the best interests of its players, the province and society. Last year, BCLC generated more than
Forward-Looking Statements
Statements in this release that are not historical facts are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and involve risks and/or uncertainties, including those described in MGM Resorts' public filings with the Securities and Exchange Commission. Forward-looking statements can be identified by the use of forward-looking terminology such as "believes," "expects," "could," "may," "will," "should," "seeks," "likely," "intends," "plans," "pro forma," "projects," "estimates" or "anticipates" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. MGM Resorts and BetMGM have 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, MGM Resorts and BetMGM's expectations regarding the partnership with Major League Baseball. These forward-looking statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include the risk that the sweepstakes or related prizes are not available in the manner described herein, risks related to the effects of economic conditions and market conditions in the markets in which MGM Resorts and BetMGM operate 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, neither MGM Resorts nor BetMGM is 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 or BetMGM update 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
Media Contacts
Marc Jacobson
MGM Resorts
media@mgmresorts.com
Jennifer Arapoff
BetMGM
press@betmgm.com
David Hochman
MLB
david.hochman@mlb.com
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SOURCE MGM Resorts International