Richard Childress Racing and BetMGM Gear Up for Extended Partnership

02.02.2024

Richard Childress Racing (RCR), a titan in the NASCAR world with 16 championship wins, and BetMGM, a frontrunner in sports betting and iGaming, have announced the extension of their thriving partnership.

BetMGM, holding the title of Official Sports Betting Operator for RCR, is set to bolster its presence in the NASCAR Cup Series through primary sponsorships on the No. 3 BetMGM Chevrolet driven by Austin Dillon and the No. 8 BetMGM Chevrolet piloted by Kyle Busch.

Accelerating into New Territories

This partnership extension is timed impeccably with the anticipation of legalized sports betting in North Carolina, a state with a rich motorsport heritage and home to a fervent fan base. BetMGM is set to make significant strides in engaging this passionate community, starting with the Daytona 500, and leading into the full launch of sports betting in the state.

Matt Prevost, BetMGM’s Chief Revenue Officer, emphasized the alignment of values between the two organizations, stating, “North Carolina’s deep-rooted motorsports culture presents an ideal backdrop for this partnership, promising to rev up excitement as we approach the legalization of sports betting in the state.”

Torrey Galida, President of RCR, reflected on the partnership’s evolution since 2021, highlighting BetMGM’s innovative approach to engaging race fans and bettors. “The continuation of our partnership with BetMGM is a testament to the mutual benefits and success we’ve experienced over the past years,” Galida remarked.

Commitment to Responsible Gaming

As BetMGM expands its footprint, the company reaffirms its dedication to responsible gaming. Through initiatives like GameSense and an array of responsible gambling tools, BetMGM ensures a safe and enjoyable digital experience for its customers, mirroring the responsible gaming standards upheld at MGM Resorts properties nationwide.

Our Comment on the Article

The extended partnership between Richard Childress Racing and BetMGM represents a strategic move in the evolving landscape of sports betting, particularly as it intersects with the world of NASCAR. This collaboration not only enhances the fan experience through innovative activations and sponsorships but also underscores the growing acceptance and integration of sports betting within major sporting events.

As North Carolina stands on the brink of legalizing sports betting, this partnership is poised to drive engagement and foster a responsible betting culture among NASCAR enthusiasts, setting a new benchmark for collaborations between sports entities and betting operators.