NYRA Bets, the advance deposit wagering (ADW) platform of the New York Racing Association (NYRA), has partnered with BetMGM, a sports betting and digital gaming entertainment company. NYRA Bets is the first horse racing partner of BetMGM, which is affiliated with MGM Resorts International (NYSE: MGM) and has exclusive access to all of MGM's U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. With the partnership, BetMGM customers will be able to watch and wager on Thoroughbred, harness, and Quarter Horse races at over 200 tracks globally.
“This is the type of partnership that reflects the importance of horse racing within the rapidly evolving sports betting marketplace,” said Tony Allevato, president of NYRA Bets. “BetMGM has consistently led the charge to expand wagering opportunities for their customers, and we are thrilled that NYRA Bets horse racing content will soon be available on BetMGM.”
BetMGM will utilize the NYRA Bets wagering platform in the BetMGM Horse Racing app. Users will have access to live streaming video and race replays. They will be able to wager on events like the Kentucky Derby and other Triple Crown races, as well as the Breeders' Cup and international events like Royal Ascot, the Melbourne Cup, and the Dubai World Cup.
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