Yahoo Sports Enters Into Deal With BetMGM

Written by:
Aaron Goldstein
Published on:

BetMGM and Yahoo Sports have entered into a strategic sponsorship whereby the later will “power sports betting for Yahoo Sports and create collaborative content experiences and live events.”

*Free trial test drive
*Text or message 24/7
*Mobile friendly
*Live in-play betting
*Bitcoin, gift cards, credit cards accepted
*Fastest, sharpest lines in the industry
*No minimum number of players
*Unique betting options available
*Two software platforms available for use
Click here to visit PremierPerHead

Yahoo Sports follows another media outlet, Fox Sports, into the realm of sports wagering. Fox Sports joined forces with the Stars Group earlier this year to form Fox Bet.

“The historic partnership with Yahoo Sports and BetMGM will change the future of fandom, providing new ways for sports fans to go beyond engaging with content and interact through commerce,” Guru Gowrappan, CEO of Verizon Media said. “At Verizon Media we believe in building products that connect consumers to their passions and drive the deepest end-to-end value possible.”

“This partnership marks an important moment for BetMGM in the growing U.S. sports betting sector,” Jim Murren, Chairman, and CEO of MGM Resorts International added. “Integrating Yahoo’s leading fantasy sports operations and content with BetMGM’s world-class sports betting and interactive platform uniquely positions us to drive market share and large-scale adoption among sports fans.”

Yahoo Sports will not be receiving a percentage ownership in MGM.  Instead, it will act as an affiliate.  The Fox Bet deal does provide Fox with a percentage of ownership in the Stars Group.

From BettingUSA:

It’s unclear if that means Yahoo will receive a CPA deal (where Yahoo receives a predetermined amount of money for specific user actions) or if it will have a revenue-sharing agreement, or something in between.

GVC, which powers the BetMGM website, is hoping to grab 10 to 15 percent of the market share in New Jersey over the next six months.  That's no easy feat.  FanDuel and DraftKings own nearly three quarters of the New Jersey market and there are around a dozen other sports betting sites chasing after the remaining crumbs.

- Aaron Goldstein, Gambling911.com

Gambling News

Where Can I Find a Good Pay Per Head Sportsbook Solution for Bakersfield, CA (2020)

RealBookies is an excellent Pay Per Head sportsbook solution for bookmakers and agents in the Bakersfield area.

No Social Distancing at Meadowlands With Covid-19 Questionnaire Line

If you showed up at the Meadowlands Race Track Friday evening, chances are you had to participate in a Covid-19 screening that could best be described as an "epic fail".

Things to Know About Online Bookies

Things to Know About Online Bookies

Online bookies have had a massive surge in popularity in the last 5 years.

How Do You Know if a Site is Trustworthy?

How Do You Know if a Site is Trustworthy?

With the threat of cyberhacking and dummy sites all over the internet, people always need to be careful when surfing the web. There are some easy things you should always look for when trying to decide whether or not a site is trustworthy. Here are three easy ways to tell!

Popular Gamer Dead at 31, Reported Suicide

Popular Gamer Dead at 31, Reported Suicide

The highest rated player in Warcraft and the creator of Play Everland tragically committed suicide on Thursday. Byron ‘Reckful’ Bernstein was 31.