Official sports betting partnerships are a great way to bring industry movers and shakers together. They give companies the chance to get on board with a mutually beneficial vision, while also allowing them to tap into a wide range of resources.

Major leagues like MLB and NFL are actively looking to sign up official betting partners. They hope to see an increase in revenues from the industry. They are also hoping to secure a better data feed. This would help sportsbooks provide a better product.

Official sports betting partnerships give the industry a chance to connect with fans. They can be one-off deals, or they can be long-term relationships. Depending on the details of the deal, they can include anything from VIP experiences to branded suites.

BetMGM, the legal wing of MGM Resorts, is expected to launch in Maryland in the coming weeks. The company has a variety of official betting partnerships with some of the best teams in the country. In November 2021, they’ll become the official sportsbook for the Knicks, Rangers, and Madison Square Garden.

There are a lot of benefits to betting on your favorite team. You can support your team with bonuses, odds boosts, and club seats. Plus, if you win, you keep your money.

For a little extra fun, you can try your hand at daily fantasy sports. For example, the Nets have a partnership with FanDuel. If you don’t have a team yet, you can still take advantage of the daily fantasy sports promo codes.