NHL partners with MGM for sports betting

NEW YORK The NHL announced a multi-year agreement Monday to provide MGM Resorts International with data for use in betting, the second major U.S. professional sports league to strike a deal with the casino giant since the Supreme Court opened the way to expanded gambling last spring.

Las Vegas-based MGM is the league’s first official sports betting partner, just as it is with the NBA and WNBA. That deal was reached in July.

MGM gains access to proprietary NHL data that could eventually include puck and player tracking information once that goes through a testing phase. Access to that data will allow MGM to provide customized game details along with betting opportunities for U.S. customers where gambling is legally available.

The NHL is not getting a cut of gambling profits, but other terms were not disclosed.

“The new sports betting landscape presents a unique opportunity for fan engagement utilizing technology and data that are exclusive to our league,” NHL commissioner Gary Bettman said. “Fan engagement, technological advancement and innovation are paramount to our progressive approach and will be at the forefront of everything we do.”

MGM and other casino operators are moving aggressively to capitalize on the U.S. sports betting market, which is expanding after the U.S. Supreme Court ruled in May that states could take sports bets. MGM has made a series of moves, including the multi-year deals with the NBA and WNBA.

Earlier this year, bookmaker William Hill reached agreements that allow odds and other promotional efforts at the home arenas of the Vegas Golden Knights and New Jersey Devils.

NHL executive vice-president and chief revenue officer Keith Wachtel said the more data a gambling operator has, the better it will be in enabling them to set odds.