Yahoo! Sports and MGM Resorts, developer of the BetMGM sports betting app, on Tuesday announced a deal. We’d call it a blockbuster, but these high-profile arrangements are becoming relatively normal in the rapidly growing U.S. sports betting industry.
Guru Gowrappan, CEO of Yahoo parent Verizon Media, and Jim Murren, chairman and CEO of MGM Resorts International, made a joint announcement of the “historic” deal for the companies.