Giant casino operator, MGM Resorts International, announced that it has appointed renowned entertainment and hospitality executive, Scott Butera (pictured), to serve as its Interactive Gambling President and help the company to grow its presence in the expanding American sportsbetting sector.
Las Vegas-headquartered MGM Resorts International, explained that its hiring of Butera follows past month’s judgment from the United States Supreme Court that invalidated the skilled and Amateur Sports Protection Act (PASPA), that had largely limited sportsbetting into Nevada, along with the subsequent launch of legal sports wagering services in Delaware and New Jersey.
MGM Resorts International declared that Butera has ‘over 25 years of experience in finance and hospitality’ such as via a spell serving as Chief Operating Officer for The Cosmopolitan of Las Vegas. The former investment banker also worked as Chief Executive Officer for Tropicana Entertainment Incorporated before leaving in 2011 to take a similar role with Foxwoods Resort and Casino while he recently had a 42-month stint as Commissioner for the Arena Football League.
“Scott is joining the company in a really exciting time,” see a Monday statement from Corey Sanders, Chief Operating Officer for MGM Resorts International, which is responsible for over 25 properties across the world including the Excalibur Hotel Casino in Las Vegas and Maryland’s recently-launched MGM National Harbor. “Skill-based gambling is growing exponentially and his experience will help us to dominate the field,” he added.
The casino operator proclaimed that PASPA’s repeal represents ‘a huge advancement for the industry’ and that Butera will primarily concentrate on executing its own ‘sportsbetting strategy’ in order to help the company to bring its ‘industry-best sports wagering operations’ into new markets across the United States.
“For a business leader in sportsbetting and cutting-edge interactive gambling offerings, MGM Resorts [International] is well-positioned to bring our decades of experience and well-earned reputation to new markets throughout the nation,” browse the statement from Sanders. “Scott will play an integral role as we continue to expand nationally.
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