MGM Resorts named official partner of Las Vegas Raiders

New York-listed casino operator MGM Resorts International has been named as an official gaming partner of the Las Vegas Raiders and a founding partner of the new Allegiant Stadium.

As an official partner of the Las Vegas Raiders, MGM Resorts will benefit from prominent signage throughout the Allegiant Stadium, including in-stadium branding and naming rights to the west VIP entry and drop off zone.

The Raiders become the third NFL franchise to relocate in recent years, having officially completed the move from their longtime home of Oakland, California, to Las Vegas this week.

The renamed Las Vegas Raiders will play their home games at Allegiant Stadium, which is due to open in July, ahead of the new NFL season.

“We couldn't be more excited to partner with the Raiders and to welcome professional football to Las Vegas,” said MGM Resorts chairman and CEO Jim Murren. “Las Vegas is becoming one of the top sports destinations in the world, and this partnership is a natural fit of culture and vision. Together, we look forward to creating unique and world-class entertainment experiences for our guests and Raiders fans.”

As part of the agreement, both MGM Resorts and the Raiders have committed to collaborating on community outreach programs benefiting Southern Nevada.

“The Raiders are thrilled to welcome MGM Resorts International as our newest founding partner,” said Raiders president Marc Badain. “MGM Resorts is an institution in the gaming and hospitality industry and the activations they have planned for Raider games and all events at Allegiant Stadium will bring their best in class expertise to the entertainment experience.”

Shares in MGM Resorts International (NSQ:MGM) closed up 1.16 per cent at $32.32 per share in New York Thursday.