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JERSEY CITY, NJ, Jan. 5, 2024 /PRNewswire/ — Sports betting and iGaming leader BetMGM and iconic motorsports and entertainment venue Charlotte Motor Speedway today announced a new market access agreement that will enable BetMGM to bring its online sports Is. Betting Platforms in North Carolina Once Legalized Sports Betting Begins.
“We look forward to bringing legal, safe, regulated online sports betting to North Carolina, a state with more than 10 million people and one of the most vibrant sports environments in the country,” said Adam Greenblatt, CEO of BetMGM. ” “BetMGM’s partnership with Charlotte Motor Speedway meets North Carolinians’ great demand for entertainment. Together we will provide a premier and responsible gaming product that will benefit multiple state agencies.”
In addition to supporting North Carolina’s many publicly funded colleges, tax revenues from sports betting will also support a major events fund, allowing the state to fund national sports and entertainment programs to drive additional tourism, job creation and economic impact. Will be allowed to recruit.
“BetMGM has established itself as a signature source for sports betting with partnerships in every major league game and venues across the country,” said Greg Walter, executive vice president and general manager of Charlotte Motor Speedway. “With Charlotte Motor Speedway’s history of innovation, we wanted to lead the way in this new era of sports entertainment with a progressive sportsbook. This partnership with BetMGM will expand North Carolina’s tax base, while supporting college sports. “Will bring fans new ways to enjoy their favorite events and facilitate recruitment of major events for the future.”
Subject to regulatory approval, BetMGM expects to offer online sports betting as soon as North Carolina’s regulated market opens, which is expected to occur in the first quarter of 2024.
As BetMGM expands into new markets, responsible gambling education remains a key focus. 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 integration within BetMGM’s mobile and desktop platforms, customers can enjoy the same GameSense experience they have come to rely on at MGM Resorts properties across the country. This complements BetMGM’s already existing responsible gambling tools that work to provide customers with an entertaining and safe digital experience.
Follow for more information @BetMGM On X (formerly Twitter).
BetMGM is a market-leading sports betting and gaming entertainment company, a leader in the online gaming industry. Born of the partnership between MGM Resorts International, 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 Enten’s US-licensed, cutting-edge technology, BetMGM offers sports betting and online gaming through market-leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit https://sports.betmgm.com/en/blog/
About Charlotte Motor Speedway
For nearly 65 years, Charlotte Motor Speedway has set the standard in motorsports entertainment for fans of all ages. Known as America’s home of racing, Charlotte Motor Speedway is the only race vacation destination where fans can immerse themselves in the heart of NASCAR country. Visitors can participate in one-of-a-kind race spectacles including the Coca-Cola 600 and the Bank of America ROVAL™ 400; Take a behind the scenes tour of the speedway and race shop; Explore the NASCAR Hall of Fame and drive an 800-horsepower stock car. Through every event and every decade, Charlotte Motor Speedway puts fans first with a never-ending commitment to enhancing the fan experience. For all the latest news and information, visit www.charlottemotorspeedway.com, follow on Twitter, Facebook and Instagram, or download the Charlotte Motor Speedway mobile app.
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 Also included. Filings with the SEC. Forward-looking statements are based on management’s current expectations and beliefs and not historical facts. Examples of these statements include, but are not limited to, statements regarding the benefits of the partnership. Among the important factors that could cause actual results to differ materially from those expressed in such forward-looking statements include the impact of economic conditions and market conditions in the markets in which MGM Resorts operates and throughout the United States and Other destinations compete with travel destinations. world, the design, timing and cost of expansion projects, risks related to international operations, permits, licenses, financing, 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 publicly update these statements 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.
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SOURCE Charlotte Motor Speedway