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Philadelphia 76ers Announce BetMGM as an Official Sports Betting Partner

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On December 22, 2020, the Philadelphia 76ers announced a partnership with BetMGM, making it the team's Official Sports Betting Partner. This alliance follows BetMGM's recent mobile launch in Pennsylvania and includes visible TV signage during games and fan engagement through the 76ers app. BetMGM aims to provide unique experiences for fans, which includes promotions and co-branded casino events. The Borgata Hotel Casino will serve as an 'Official Away Game Host,' enhancing the partnership's reach and interaction with fans.

Positive
  • BetMGM's launch in Pennsylvania has been described as incredibly successful.
  • The partnership allows for enhanced fan engagement through digital channels and promotions.
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PHILADELPHIA, Dec. 22, 2020 /PRNewswire/ -- The Philadelphia 76ers announced today that BetMGM, a leading sports betting and digital gaming company, is now an Official Sports Betting Partner of the team, following BetMGM's recent mobile launch in Pennsylvania. The partnership features TV-visible signage including BetMGM's logo on the pole pads during 76ers games, and fan-focused engagement campaigns including promotions within the official 76ers app, 76ers-branded casino games, and more.

"We are thrilled to partner with BetMGM and together create new, engaging experiences to deliver to our 76ers fans," said Katie O'Reilly, 76ers Chief Revenue Officer. "This partnership will give us the ability to connect with our fans on the digital channels where they spend their time through customized 76ers branded games and activations. BetMGM will also propel us into a new space, strategically targeting fans in the sports betting and gaming realm."

As an Official Sports Betting Partner of the Philadelphia 76ers, BetMGM will be featured across all 76ers digital and social platforms including the official 76ers mobile app. The sports betting and digital gaming company will also have prominent signage at the arena during 76ers games including the pole pads beneath the baskets, which will be seen on television broadcasts.

In addition to the in-game experience, MGM Resorts' Borgata Hotel Casino & Spa in Atlantic City will be designated as an "Official Away Game Host of the Philadelphia 76ers," an activation that will feature events on site when it is deemed safe to do so. Borgata will also host a co-branded Season Ticket Member and VIP event in the future featuring casino games, appearances by 76ers legends, autographed memorabilia raffles and other exclusive prizes.

Matt Prevost, Chief Revenue Officer, BetMGM, said, "We're honored to be an Official Sports Betting Partner of the 76ers. Our recent launch in Pennsylvania has been incredibly successful and this partnership is an exciting opportunity for BetMGM to offer 76ers fans unique ways to engage with their favorite basketball team." 

BetMGM recently went live in Pennsylvania with its industry leading mobile sportsbook and iGaming app. For more information, follow @BetMGM on Twitter.

ABOUT THE PHILADELPHIA 76ERS
The Philadelphia 76ers are one of the most storied franchises in the National Basketball Association, having won three World Championships, earning nine trips to The Finals and making 50 playoff appearances over 71 seasons. The Philadelphia 76ers organization is a Harris Blitzer Sports & Entertainment property.     

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 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 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 Party Poker. For more information, visit http://www.betmgminc.com/.

Forward-Looking Statements
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 BetMGM's ability to expand in new or existing jurisdictions. Management has based forward-looking statements on current expectations and assumptions and not on historical facts. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include the effects of economic and market conditions in the jurisdictions in which BetMGM operates, competition with other iGaming and sports betting platforms, the timing and costs of expanding in new jurisdictions as well as obtaining and maintaining the required permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions. In providing forward-looking statements, BetMGM 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 BetMGM 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.

MEDIA CONTACTS
Philadelphia 76ers
Molly Mita
Director of Communications
mollymita@76ers.com

BetMGM
Elisa Richardson
Head of Public Relations
press@betmgm.com

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SOURCE BetMGM

FAQ

What is the significance of the BetMGM partnership with the Philadelphia 76ers?

The partnership establishes BetMGM as the Official Sports Betting Partner of the 76ers, allowing for enhanced fan engagement and visibility in the sports betting market.

When was the BetMGM partnership with the 76ers announced?

The partnership was announced on December 22, 2020.

What promotional activities will BetMGM be involved in with the 76ers?

BetMGM will feature TV signage during games, engage fans through the official 76ers app, and host events at the Borgata Hotel Casino.

How does the BetMGM partnership affect its business in Pennsylvania?

The partnership follows a successful launch in Pennsylvania, enhancing BetMGM's visibility and market reach.

What role does Borgata play in the 76ers-BetMGM partnership?

Borgata will serve as an 'Official Away Game Host' for the 76ers and will host exclusive events for fans.

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