Butera joins MGM Resorts International

(PRESS RELEASE) -- MGM Resorts International today announced that Scott Butera has joined the company as President of Interactive Gaming as the company moves quickly to advance its position as an industry leader in the growing market of sports betting. In this role, Butera will provide strategic leadership on the development for interactive gaming – which includes sports betting and skill-based gaming opportunities.

Butera's primary immediate focus will be on MGM Resorts' sports betting strategy as the company works to expand its industry-best sports wagering operations to new U.S. markets. Last month's repeal of the federal ban on sports wagering was a huge development for the industry creating new markets and opportunities nationwide.

"Scott is joining the company at a really exciting time. Skill-based gaming is expanding exponentially and his experience will help us to dominate the field," said Corey Sanders, Chief Operating Officer for MGM Resorts. "As an industry leader in sports betting and cutting-edge interactive gaming offerings, MGM Resorts is well-positioned to bring our decades of experience and well-earned reputation to new markets throughout the country. Scott will play a key role as we continue to expand nationwide."

MGM Resorts brings more than 25 years of industry-leading expertise in sports betting, strategic partnership building and strong brand identity as it expands operations in new U.S. markets. The company's Nevada sports books write a combined 4 million wagers each year with a total dollar amount exceeding $1 billion annually.

A seasoned professional with more than 25 years of experience in finance and hospitality leadership, Butera has served as Commissioner of the Arena Football League, President & CEO for Foxwoods Resort Casino, Tropicana Entertainment and Chief Operating Officer for The Cosmopolitan of Las Vegas.

Butera holds a bachelor's degree from Trinity College and a Master of Business Administration degree from New York University.