BetMGM Expands into Arizona, Partnering with Gila River Hotels & Casinos, Arizona Cardinals

CHANDLER, Ariz., Aug. 9, 2021 /PRNewswire/ -- BetMGM announced today partnerships with Gila River Hotels & Casinos and the Arizona Cardinals for retail and online sports betting, establishing its first relationships in the state of Arizona. BetMGM plans to bring its industry leading platform online once legalized sports betting launches in Arizona. The company also plans to open retail sportsbooks at the three Arizona Gila River properties and at State Farm Stadium, home of the Cardinals.

"Arizona sports fans are extremely passionate and we're confident they'll enjoy the BetMGM experience," said BetMGM CEO Adam Greenblatt. "Gila River Hotels & Casinos and the Arizona Cardinals represent the state's premier casino destinations and sports franchise, making them the ideal partners for us."

Gila River Hotels & Casinos operates three Arizona locations, all owned by the Gila River Indian Community: Wild Horse Pass, Lone Butte, and Vee Quiva. All three will feature custom built BetMGM Sportsbooks, set to open near football season, reflective of its sports-centric brand.

Gila River Hotels & Casino CEO, Kenneth Manuel, said, "Gila River Hotels & Casinos and the Arizona Cardinals have an everlasting partnership, offering guests exclusive experiences and remarkable rewards. As we explored our partner in sports betting, the unity with BetMGM, The King of Sportsbooks, ensures we deliver beyond all expectations. There is no doubt in my mind these three industry leading brands unifying will deliver the ultimate experience in Arizona sports betting, solidifying Gila River Hotels & Casinos as Arizona's Sports HQ."

Stephen Lewis, Governor of the Gila River Indian Community, said, "This is an excellent development, and I want to thank Ken and his team for leading the way again for our Community on this innovative partnership with our great friends, the Cardinals, and our new partner BetMGM.  Building on the successful launch of our new table games at Wild Horse Pass, this new sports betting operation will now continue our successful implementation of our historic new Compact arrangement."

BetMGM plans to open a BetMGM Sportsbook at State Farm Stadium, with a targeted opening in time for the 2022 NFL season.

Arizona Cardinals owner Michael Bidwill said, "This is a tremendous opportunity to build upon our long-standing relationship with Gila River and launch a new one with BetMGM. They are best-in-class partners whose excellence and expertise in this emerging space will provide a new and innovative way to engage and interact with our fans."

As BetMGM continues to expand its sports betting platforms to new states, responsible gaming education remains a key focus. BetMGM is proud to provide resources to help customers play responsibly. For more information on BetMGM follow @BetMGM on Twitter.

About BetMGM
BetMGM is a market leading sports betting and digital gaming entertainment company, pioneering the online gaming industry. Born out of a partnership between MGM Resorts International (NYSE: MGM) and Entain (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 US-licensed state of the art technology, BetMGM offers sports betting and online gaming via market leading brands including BetMGM, Borgata Casino, Party Casino and PartyPoker. For more information, visit http://www.betmgm.com/.

About Gila River Hotels & Casinos
Gila River Hotels & Casinos has been operating three locations in Arizona for over 25 years, all owned by the Gila River Indian Community: Wild Horse Pass, Lone Butte, and Vee Quiva. The hotels at Wild Horse Pass and Vee Quiva are Four Diamond accredited. All three casinos offer a combination of slots, table games, poker and more, and are open 24 hours a day, 365 days a year. Additional information is available at 1-800-946-4452 or at PlayAtGila.com.

About the Arizona Cardinals
The Cardinals were founded in 1898 and in 1920 became a charter member of the National Football League. The club holds the distinction of being the oldest continuously-operated franchise in professional football. While it has been in existence for more than a century and enjoys a long, rich history, the team's greatest success has come in the last 15 years. In that span, the Cardinals have won their division three times, advanced to the conference championship game twice and earned the franchise's first-ever Super Bowl appearance. Away from the field, the organization's commitment to the community is a year-round mission, highlighted by the efforts of Cardinals Charities which was founded in 1990 to improve the quality of life and enhance opportunities for children, women and minorities in Arizona.

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 the future results of BetMGM. 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 MGM Resorts operates 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, 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 BetMGM