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MLB becomes third major sports league to form partnership with MGM [Los Angeles Times (CA)]

MGM Resorts Intl (MGM)  More Company Research Source: Los Angeles Times
Last mgm resorts intl earnings: 10/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.mgmresorts.com
PDF MLB becomes third major sports league to form partnership with MGM If you are a Major League Baseball player, you cannot bet on your sport’s games. But, now that states can legalize sports gaming, the league has accepted $80 million from a company that is betting it can lure fans to bet on these players’ games. MGM Resorts is the first “official gaming partner of MLB,” the league announced Tuesday. The four-year deal identifies MGM as an “MLB-authorized gaming operator,” grants the company the right to use an official statistics feed and provides exclusive access to what the league called “enhanced statistics.” For almost a century, baseball stood firm against gambling. Two of the game’s greatest players, Willie Mays and Mickey Mantle, were banned for years — in retirement — after making promotional appearances for casinos. Pete Rose, the game’s all-time hits leader, was banned for life after betting on baseball as a player and manager. In 1921, the first commissioner banned eight pla [Read more]

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