MGM retains partners for sports betting partnerships

The joint venture with GVC has retained TFA Capital Partners to assist with sports betting partnerships with Tribal Nations.

US.- MGM Resorts International has revealed that it has retained TFA Capital Partners to assist the company in identifying opportunities for sports betting partnerships with Tribal Nations throughout Indian Country.

The joint venture of MGM and GVC is counting with TFA’s extensive relationships throughout Indian Country to help them provide Tribal Nations with a turn-key customisable omni-channel sports betting solution that includes: over-the-counter sports betting; self-service kiosks and mobile sports betting products powered by the joint venture’s proprietary end-to-end technology; premier odds setting/trading/risk management services.

Moreover, it wants to offer design, marketing and operating consultation; ability to leverage the iconic MGM brand and database, which is expected to grow with the recently-announced League partnerships with the NBA, MLB, NHL and Alliance of American Football; and employee training and operational readiness assessments.

“We are excited to bring TFA aboard as sports betting continues to roll out across the United States,” said Scott Butera, MGM Resorts’ President of Interactive Gaming. “Sports betting represents a significant opportunity for both the Tribal Nations and the MGM-GVC joint venture. We look forward to working with the TFA team to develop mutually beneficial relationships that offer the joint venture entry into new markets while providing our Tribal Nation partners with additional capabilities and resources to drive incremental demand to their casino properties.”