BetMGM preferred source for sports betting odds
across the USA TODAY Network
Gannett Co., Inc. (NYSE: GCI) today announced a multi-year
strategic partnership with BetMGM, a leading sports betting and
iGaming operator. As part of the agreement, BetMGM will serve as
the preferred online sportsbook and casino partner for USA TODAY
Sports providing sports betting odds and betting information across
the expansive USA TODAY Network in more than 200 local U.S. markets
across 43 states with more than 300 digital news and media brands
in the portfolio.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240916827292/en/
“We are thrilled to announce a re-imagined partnership with
BetMGM, a trusted operator in the sports betting landscape. As a
best-in-class partner, our goal is to deliver their trusted sports
betting information to our audience of more than 44 million sports
fans – especially now that football season has kicked off,” said
Michael Reed, Gannett Chairman and Chief Executive Officer. “We
believe BetMGM complements our existing portfolio of partners and
will enable us to drive further audience growth and engagement. We
anticipate this collaboration will immediately lead to an increase
in the overall monetization of our content platform.”
The agreement incorporates BetMGM sports betting odds into
stories and content sharing betting odds, moneylines, spreads and
over/unders for games as well as a BetMGM “Bet Now” feature. BetMGM
Sportsbook and BetMGM Casino will be listed as a partner on website
footers across all USA TODAY Network publications.
“BetMGM is proud to partner with Gannett and the USA TODAY
Network. Their unrivaled reach at a local and national level
enables us to connect with a massive audience,” said BetMGM CEO
Adam Greenblatt. “By integrating odds and insights seamlessly into
Gannett’s content, we're empowering fans to stay informed and
engaged with their favorite teams and games. We look forward to a
successful partnership that fuels the excitement of sports betting
throughout football season and beyond.”
Gambling.com Group will serve the USA TODAY Network audience and
sports enthusiasts BetMGM sports betting offers and expert insights
leveraging their proprietary advertising technology in states where
online gambling is regulated.
As BetMGM continues to expand into new markets and introduce new
features, responsible gaming remains a key focus. Additionally,
BetMGM is proud to provide resources to help 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 already existing responsible
gambling tools which serve to provide customers with an
entertaining and safe digital experience.
DISCLAIMER
Gambling problem? Call 1-800-GAMBLER (Available in the US), Call
877-8-HOPENY or text HOPENY (467369) (NY), Call 1-800-327-5050
(MA). 21+ only. Please Gamble Responsibly. Call 1-800-NEXT-STEP
(AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR).
ABOUT GANNETT
Gannett Co., Inc. (NYSE: GCI) is a diversified media company
with expansive reach at the national and local level dedicated to
empowering and enriching communities. We seek to inspire, inform,
and connect audiences as a sustainable, growth focused media and
digital marketing solutions company. We endeavor to deliver
essential content, marketing solutions, and experiences for curated
audiences, advertisers, consumers, and stakeholders by leveraging
our diverse teams and suite of products to enrich the local
communities and businesses we serve.
Our current portfolio of trusted media brands includes the USA
TODAY NETWORK, comprised of the national publication, USA TODAY,
and local media organizations in the United States, and Newsquest,
a wholly-owned subsidiary operating in the United Kingdom. Our
digital marketing solutions brand, LocaliQ, uses innovation and
software to enable small and medium-sized businesses to grow, and
USA TODAY NETWORK Ventures, our events division, creates impactful
consumer engagements, promotions, and races.
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 U.S. land-based and online sports betting, major tournament
poker, and online gaming businesses. Utilizing Entain’s
U.S.-licensed, state-of-the-art technology, BetMGM offers sports
betting and online gaming via market-leading brands including
BetMGM, Borgata Casino, Party Casino, Party Poker, and Wheel of
Fortune. Founded in 2018, BetMGM is headquartered in New Jersey.
For more information, visit http://www.betmgminc.com/.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, Section 21E of the Securities Exchange Act of 1934, as
amended, and the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995, that relate to our
current expectations and views of future events. All statements
other than statements of historical facts contained in this press
release, including statements relating to whether the transaction
will drive BetMGM or Gannett’s revenue and cash flow growth, or be
accretive to BetMGM or Gannett’s revenue, are all forward looking
statements. These statements represent our opinions, expectations,
beliefs, intentions, estimates or strategies regarding the future,
which may not be realized. In some cases, you can identify
forward-looking statements by terms such as “believe,” “may,”
“estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,”
“expect,” “predict,” “potential,” “could,” “will,” “would,”
“ongoing,” “future” or the negative of these terms or other similar
expressions that are intended to identify forward-looking
statements, although not all forward-looking statements contain
these identifying words. Forward-looking statements are based
largely on our current expectations and projections about future
events and financial trends that we believe may affect our
financial condition, results of operations, business strategy,
short-term and long-term business operations and objectives and
financial needs. These forward-looking statements involve known and
unknown risks, uncertainties, contingencies, changes in
circumstances that are difficult to predict and other important
factors that may cause our actual results, performance, or
achievements to be materially and/or significantly different from
any future results, performance or achievements expressed or
implied by the forward-looking statement. For a discussion of some
of the risks and important factors that could cause actual results
to differ materially from our expectations, see the risks and other
factors detailed in “Item 3. Key Information - Risk Factors” in MGM
Resorts International’s Annual Report filed on Form 10-K for the
year ended December 31, 2023 with the U.S. Securities and Exchange
Commission (the “SEC”) on March 22, 2024 and Gannett’s 2023 Annual
Report on Form 10-K and Gannett’s quarterly reports on Form 10-Q
and each of MGM Resorts International’s and Gannett’s other filings
with the SEC, in each case as such factors may be updated from time
to time. Any forward-looking statements contained in this press
release speak only as of the date hereof and accordingly undue
reliance should not be placed on such statements. MGM Resorts
International, BetMGM and Gannett disclaim any obligation or
undertaking to update or revise any forward-looking statements
contained in this press release, whether as a result of new
information, future events or otherwise, other than to the extent
required by applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240916827292/en/
MEDIA CONTACTS Gannett
Investor Relations Matt Esposito Head of Investor Relations
investors@gannett.com
Gannett Corporate Communications Lark-Marie Antón Chief
Communications Officer lark@gannett.com
BetMGM Public Relations Jennifer Arapoff Director of
Public Relations Jennifer.Arapoff@betmgm.com
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