MGM Resorts International and BetMGM have teamed up with Kindbridge Research Institute and Kindbridge Behavioral Health to support gambling research and mental health initiatives.
To show its support for this ongoing research, MGM Resorts has donated $100,000 to Kindbridge Research Institute. The funds will go toward supporting a voluntary medication trial involving veterans in Las Vegas who have experienced the effects of gambling addiction.
The treatment is designed to “reduce gambling urges and symptom severity among veterans with gambling disorder.”
MGM Resorts SVP and CCO Stephen Martino explained the company’s motivation for supporting this ongoing research.
He said, "This contribution will help explore and identify innovative treatment for a population our company cares deeply about.
"We have a longstanding commitment to supporting military members and their families year-round and are privileged to invest in research that benefits this important community."
Kindbridge Research Institute Executive Director Nathan Smith said the organization is pleased to partner with MGM Resorts.
He said, “This is such a promising intervention. We are so grateful for MGM Resorts' support of this research to improve the lives of veterans and extend the work of the many great scientists, treatment providers, and donors of the 50x4vets program."
BetMGM, MGM Resorts’ online brand, has extended its collaboration with Kindbridge Behavioral health to provide Massachusetts, Michigan, New Jersey, Nevada, Ohio, Pennsylvania, West Virginia and Ontario with problem gambling referrals.
BetMGM Chief Compliance Officer Rhea Loney commented, "We are proud to lead the way in providing individuals with this potentially life-changing support and are pleased with how the program has performed so far.
"This expanded investment underscores our dedication to ensuring those who need care can receive it. As access to sports betting and online gaming continues to grow, so should access to problem gambling treatment and care."
