BetMGM Expands BetQL Network Relationship as the Presenting Sportsbook Partner
BetMGM will become the exclusive sportsbook of the BetQL Network, Audacy’s network of sports betting content heard across its broadcast portfolio and digital platforms. The partnership (The BetQL Network presented by BetMGM) is an exclusive multi-year agreement that significantly expands the current relationship between BetMGM and Audacy. Since its launch in June 2021, the BetQL Network has expanded from two markets to 31 markets and has seen steady growth in podcast downloads (+575%), total listening hours (+467%), live video hours (+440%), video on-demand starts (+270%) and over-the-air audience (+140%) from July 2021 to January 2022.
“We are delighted to expand our strategic partnership with BetMGM, highlighted by their new exclusive position with the BetQL Network. Barely a year old, the BetQL Network has a bright future ahead of it as legalized sports betting continues to expand over the next decade,” said David Field, Chairman, President and Chief Executive Officer of Audacy.
BetMGM will have category exclusivity of the network’s full slate of programming, including flagship program “You Better You Bet,” commencing in September, and “BetQL Daily,” “The Daily Tip,” and “BetMGM Tonight.” BetQL Network’s weekly lineup will distribute approximately 100 hours of original content per week on the Audacy and BetQL digital platforms. Audacy will also produce content for live audiences at various MGM Resorts across the country who will host the network inside of BetMGM sportsbooks.
“We’re excited to further our strategic partnership with Audacy and to bring our market-leading sports betting and gaming entertainment content to millions of listeners nationwide across the entire BetQL Network platform,” said Matt Prevost, Chief Revenue Officer, BetMGM.
As part of the expanded partnership, Nick Kostos, host of “You Better You Bet,” the most consumed sports betting podcast in the country, and co-host Ken Barkley will become brand advocates for BetMGM. An industry leader in the sports-betting space who has been covering the medium since 2013, Kostos joined Audacy in 2019 when he and Barkley launched “You Better You Bet” in August of that year. Alongside Barkley, Kostos has built “You Better You Bet” into the No. 1 sports betting podcast in the US, according to Triton. From July 2021 to January 2022, the show’s podcast downloads jumped 678%, live video hours grew by 531% and total listening hours increased 335% over that span.
Audacy first announced a partnership with BetMGM in March 2021, which designated the market-leading platform as a preferred sports betting partner of Audacy across its best-in-class sports broadcast stations, the Audacy and BetQL apps and digital platforms, and the BetQL Network.
