BETMGM NAMED AN OFFICIAL SPORTS BETTING PARTNER OF BOSTON RED SOX

Partnership features Fenway Park promotions, unique VIP experiences and co-branded content

BOSTON, March 7, 2023 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, announced today it is now an Official Sports Betting Partner of the Boston Red Sox. This marks BetMGM's first relationship with a Massachusetts sports team and the first sports betting partnership for the Red Sox. The announcement comes ahead of the state's impending mobile sports betting launch.

"The Red Sox are one of baseball's most beloved organizations and we're thrilled to bring BetMGM to their passionate fans," said Matt Prevost, Chief Revenue Officer, BetMGM. "We look forward to working together to elevate the gameday experience in Boston."

As part of the partnership, BetMGM signage will be featured at Fenway Park including on the iconic Green Monster, the ballpark's left field wall. BetMGM will have a suite at the stadium and curate VIP fan experiences including access to batting practice with premium seats, alumni appearances, and ceremonial first pitches. Co-branded content will be integrated across both the Red Sox's and BetMGM's digital and social platforms.

"The Boston Red Sox are proud to partner with BetMGM as we prepare to enter a new era of professional sports betting in Massachusetts," said Troup Parkinson, Executive Vice President, Partnerships, Boston Red Sox. "Given our strong relationship with MGM Resorts, BetMGM was the clear choice to become the first sports betting partner of the club, and we look forward to them offering sports betting opportunities to our fans in a safe and responsible manner."

Today's announcement is the latest example of the close relationship between the Red Sox and MGM Resorts, which includes a multi-year partnership in which MGM Resorts is the Official Resort Casino of the Boston Red Sox. The company was also selected by Fenway Sports Group as the naming rights partner of The MGM Music Hall at Fenway, which opened in September 2022.

Chris Kelley, President & COO, Northeast Group, MGM Resorts, said, "As host of the annual Red Sox Winter weekend, MGM Springfield has become a destination for New England baseball fans. With sports betting now legal in Massachusetts, we remain committed, through GameSense, to offering an enjoyable and responsible experience for our guests, customers and MGM Rewards members."

Responsible gaming education remains a key focus for BetMGM as it continues to expand into new markets. 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 the GameSense integration within BetMGM's mobile and desktop platforms, customers can directly access responsible gaming tools. Also, BetMGM and MGM Resorts are both partners with the American Gaming Association's (AGA) Have A Game Plan. ® Bet Responsibly.™ public service campaign to educate new and seasoned bettors on responsible, legal sports wagering. This announcement comes as BetMGM and MGM Resorts join the National Council on Problem Gambling (NCPG) in promoting Problem Gambling Awareness Month throughout March.

For more information on BetMGM, follow @BetMGM on Twitter.

About BetMGM
BetMGM is a market-leading sports betting and 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. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit https://www.betmgminc.com/.

About MGM Springfield
Covering three city blocks in the heart of downtown Springfield, Mass., MGM Springfield offers an integrated resort experience with more than 125,000 square feet of gaming space, a 240-room boutique hotel on Main Street and inspired dining headlined by The Chandler Steakhouse, Tap Sports Bar and Costa. MGM Springfield also features a seven-screen Regal luxury cinema complex, bowling lanes, Top Golf Swing Suite and a seasonally programmed outdoor plaza displaying local art, events and talent. In 2020, MGM Springfield received the world's first New Construction Platinum LEED certification for a gaming resort. For more information, visit mgmspringfield.com, the MGM Springfield Newsroom, call (413) 273-5000 or find us on Instagram, Facebook and Twitter. 

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. Forward-looking statements are based on management's current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to, statements regarding MGM Resorts' and BetMGM's partnership with the Boston Red Sox as well as advertising and fan experiences to be offered at Fenway Park. 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.

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