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NBA Makes Deal With MGM for Betting, First for a U.S. League

  • Arrangement is said to be worth $25 million over three years
  • Casino becomes ‘official gambling partner’ of the NBA, WNBA
Milwaukee Bucks v Orlando Magic
Photographer: Manuela Davies/Getty Images
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The National Basketball Association now has an official sports book.

The league announced Tuesday that it has formed a partnership with MGM Resorts International, that will make the Las Vegas-based casino operator its first-ever sports gambling partner. In states where such betting has been legalized, MGM will be able to use official NBA and WNBA logos and trademarks, and have access to official NBA data streams to create products like in-game betting.