Sportradar will be the exclusive provider of sports betting data to MGM GVC Interactive for the half-dozen leagues and federations for which it is the official provider: the NBA, the NFL, the NHL, NASCAR, FIFA, and UEFA. MGM Resorts partnered with U.K.-based betting platform GVC Holdings this summer on a joint venture in the U.S. Sportradar will provide pre-match and live betting services as well as bet stimulation content such as live match trackers.
MGM Resorts has been an active player in the U.S. market in preparation for further state-by-state legalization of sports betting. The global entertainment and gaming company was the first to partner with a major sports league on data rights when MGM became the official gaming partner of the NBA this summer. Since then, MGM has announced a similar deal with the NHL. MGM GVC Interactive was launched in July with $100 million of seed money from both companies.
“MGM and GVC are leaders in the sports betting landscape, and we are proud to be their provider for U.S. sports data,” Neale Deeley, Sportradar’s VP of gaming sales, said in a statement. “We have been preparing for the opening of the U.S. market for some time now with an across the board ramp up of our U.S. sports betting offering and we are delighted with this endorsement from MGM and GVC that all the hard work is delivering what world class betting operators are looking for.”
SportTechie Takeaway
When MGM and the NBA announced their partnership at the end of July, basketball commissioner Adam Silver acknowledged that the data feed to MGM might come via a third party. That Sportradar would be that supplier is little surprise, given the company’s existing work with the NBA, but this deal will enable MGM GVC Interactive to have access to fast, reliable data feeds in several other sports, too. The NBA and NHL deals include some of each respective league’s proprietary advanced tracking data, but Sportradar’s analysis and engagement tools will now be added to those the data feeds.