- MGM Resorts International MGM has signed a multi-year agreement to become an Official Partner of MLB Players Inc.
- The agreement gives MGM the use of MLB Players' branding and group marketing rights.
- The partnership also provides hospitality benefits, with MGM Resorts' properties serving as the host location for various MLB player-related events.
- Under the terms of the agreement, MGM Resorts can use the MLB Players' group rights across a broad range of print and digital promotions, advertisements, and sweepstakes in the U.S., China, and Japan.
- MLB Players will also have options to enter individual ambassador agreements to promote MGM Resorts.
- Price Action: MGM shares are trading higher by 2.68% at $29.16 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in