MGM Stock – MGM Resorts (MGM) Partners With NYRA Bets for Horse Wagering
In an effort to expand in the online betting space, MGM Resorts Internationals MGM BetMGM announced a partnership with NYRA Bets, LLC, the official online wagering platform of the New York Racing Association. NYRA Bets is also a major provider of horse racing content in the United States.
Following the partnership, BetMGM customers can watch as well as wager on premier Thoroughbred, Standardbred and Quarter Horse races at more than 200 tracks globally. NYRA Bets, which continues to expand its presence, is currently available in 30 states.
BetMGM CEO Adam Greenblatt said, We’ve found a great partner in NYRA Bets and look forward to working with them to create a thrilling, interactive experience for horse racing fans on BetMGM.
BetMGM customers can watch daily horse racing content, live streaming video and race replays. Its customers can also bet on marquee events in the United States, such as the Kentucky Derby, Preakness and Belmont Stakes, and also the Breeders’ Cup. International events like the Royal Ascot meet, Melbourne Cup, Saudi Cup and the Dubai World Cup can also be wagered.
Shares of MGM Resorts have gained 36.1% year to date compared with the industrys growth of 18.6%.