Yahoo Launches Sports Betting In New Jersey

Verizon Media’s Yahoo Sports is getting into the gambling business with the launch of a new section that lets fans see betting odds for various sports. But for now, only users in New Jersey will be able to place actual bets, through the separate BetMGM platform operated by MGM Resorts International.

Yahoo Sports, MGM Ink Sports-Betting Deal

Verizon Media’s Yahoo Sports has entered into an exclusive multi-year partnership with BetMGM to power sports betting for Yahoo Sports and create what it’s calling “collaborative content experiences and live events.” As part of the deal, which kicks off next month, MGM Resorts and Yahoo Sports will collaborate on exclusive live events, broadcast productions, and promotional marketing efforts.