Legal Counsel, Commercial

Discover What's Possible at BetMGM

Ready to make your career legendary? Join us as we bring the magic of Vegas to our players. The BetMGM team has over 1,400 talented members, revolutionizing sports betting and online gaming in the United States and Canada. We're a brand with technology at our hearts and the most driven and focused talent in the business.

As a valued team member, we're committed to giving you the resources and support you need to thrive. Our benefits and perks include:

• Medical, Dental, Vision, Life, and Disability Insurance

• 401(k) with company match

• Pre-tax spending accounts including health care FSA and commuter savings

• Flexible paid time off

• Professional development reimbursement and ongoing skills training opportunities

• Employee resource groups

• Swag, ticket giveaways, and more!

At BetMGM, we recognize that every individual plays a meaningful role in our success. That's why we're committed to building a respectful, inclusive workplace. It's the strategy behind every win. By meeting people where they are, we create a culture of belonging where everyone can thrive and a workplace that reflects our values, our people, and our drive to win.

About the Role

Legal Counsel will advise the business on legal and commercial matters relating to new and existing partnerships and agreements. The position is responsible for negotiating, drafting, and reviewing new and existing commercial agreements and assisting in advancing the Company's commercial initiatives in compliance with all laws and regulations.
Legal Counsel, working under the direction and supervision of Associate General Counsel, will have specific responsibilities in the areas of commercial contracts and legal operations; however, this individual will be expected to operate independently and maintain accountability over the individual's area of responsibility. This individual will be responsible for actively managing relationships with both internal and external stakeholders, while serving as a reliable and knowledgeable liaison between the business and Legal department. This role may be based in Jersey City, New Jersey, or can be done remotely.

About the Role

Legal Counsel will advise the business on legal and commercial matters relating to new and existing partnerships and agreements. The position is responsible for negotiating, drafting, and reviewing new and existing commercial agreements and assisting in advancing the Company's commercial initiatives in compliance with all laws and regulations.

Legal Counsel, working under the direction and supervision of Associate General Counsel, will have specific responsibilities in the areas of commercial contracts and legal operations; however, this individual will be expected to operate independently and maintain accountability over the individual's area of responsibility. This individual will be responsible for actively managing relationships with both internal and external stakeholders, while serving as a reliable and knowledgeable liaison between the business and Legal department.

This role may be based in Jersey City, New Jersey, or can be done remotely.

Responsibilities

• Review, draft and negotiate commercial contracts (examples below) and provide strategic and proactive legal advice to business clients.

  • Examples of agreement types: Payment processing agreements, vendor agreements (MSAs/SOWs for marketing, technology, data, and intellectual property contracts), use license agreements, market access agreements, partnership agreements, sponsorship agreements, affiliate agreements, and promotions (sweepstakes, contests).

• Ability to draft and synthesize key clauses and create bespoke agreements in connection with unique business transactions.

• Leverage AI enabled tools to efficiently review and draft commercial agreements and support timely, data informed legal guidance to business partners.

• Adopt a collaborative approach with business partners to lead negotiations with partners, suppliers, and affiliates across different business functions.

• Manage multiple assignments simultaneously and possess the ability to correctly prioritize and triage the same.

• Maintain an effective and organized executed contract repository utilizing the company's contract management system.

• Assess risks and use sound business and legal judgment to respond to questions, make decisions, and negotiate deals to meet deadlines in a fast-paced environment.

• Inspire confidence in business partners by consistently providing well-reasoned legal advice and practical and creative solutions to complex issues.

• Demonstrate confidence in risk-managed decision making and judgment.

• Proactively identify and advise on legal issues arising from potential and existing commercial relationships.

• Collaborate with, support, and advise business partners on a wide array of contractual and commercial matters requiring legal advice (examples include product, technology, sports betting and gaming operations, marketing, finance, and human resources.

• Assist in various team projects and initiatives, including making continuous improvements to commercial legal processes, liaising with business partners to assist in creating or improving relevant policies, revising and updating contract templates, driving adoption of company's contract management tool.

• Exhibit a strong work ethic and take ownership of complex projects and contract reviews with minimal supervision while demonstrating sound judgment and superior decision-making, multi-tasking, and problem-solving skills.

• Demonstrate leadership and teamworking skills in support of a collaborative environment.

• Exhibit utmost professionalism in all settings; be capable of deploying strong advocacy skills in a tactful and effective manner while maintaining complete credibility with all stakeholders.

• Consistently produce excellent work product.

• Establish and maintain positive and effective working relationships with co-workers, internal clients, and external business partners.

• Maintain confidentiality of sensitive information and demonstrates the highest integrity in all settings.

• Coordinate cross-functional legal input by working closely with other attorneys in the legal department.

• Perform other job-related duties as assigned by Associate General Counsel.

Qualifications

• Juris Doctor Degree required.

• Minimum of three years of being a licensed attorney with progressive responsibility in reviewing and negotiating contracts.

• Experience practicing law in a top-tier law firm and/or equivalent in-house experience.

• Experience working in an in-house legal department, regulated industry, and/or negotiating technology services, software, SaaS transactions preferred.

• Gaming license registration as required by applicable jurisdictions.

• Substantive knowledge and understanding of legal strategies and principles related to contract drafting and negotiating; ability to analyze and apply legal principles and precedents to legal issues; ability to perform legal research, evaluate alternatives and make sound recommendations.

• Basic proficiency in MS Word, Excel, PowerPoint and MS Outlook.

• Experience working with a contract management tool preferred.

The annual salary range for this position is $135,000 to $170,000. Factors which may affect starting pay within this range may include geography/market, skills, education, experience and other qualifications of the successful candidate. This position is also eligible for participation in a performance-based bonus plan.

Applicants must possess legal authorization to work for our company in the U.S. without the need for immigration sponsorship. At this time, this role is not eligible for immigration-related employment authorization sponsorship including H-1B, O-1, E-3, TN, OPT, etc.

Gaming Compliance & Licensing Requirements

As an online gaming company, BetMGM is required to comply with state gaming regulations which includes licensing obligations. Applicable employees must be licensed by at least one jurisdictional agency, although certain positions require licensing by multiple agencies. Failure to become licensed or maintain licensure with each agency as required for the role may result in termination of employment. Please note that the licensing process includes comprehensive background checks which may include a review of criminal records, financial history, and personal background verification.

In addition, candidates must comply with and support BetMGM's responsible gambling policies, procedures, and initiatives.

About BetMGM

BetMGM is revolutionizing sports betting and online gaming in the United States and Canada. We are a partnership between two powerhouse organizations-MGM Resorts International and Entain Group. You know our name through our exciting portfolio of brands including BetMGM Casino, BetMGM Sportsbook, Borgata Online, Party Casino and Party Poker. We aim to bring our ideas into action and find ways to deliver the best quality in gaming platforms.

BetMGM LLC is an Equal Opportunity Employer. We provide equal employment opportunities to all qualified individuals, regardless of race, religion, gender, gender identity, age, marital status, national origin, sexual orientation, citizenship status, veteran status, disability, or any other legally protected status. As an organization, we are unwavering in our commitment to maintaining a discrimination-free work environment, and fostering a culture of inclusivity, belonging and equal opportunity for all employees and applicants.

If you need assistance or accommodation with your application due to a disability, you may contact us at View email address on click.appcast.io.

This job description is not an exclusive or exhaustive list of duties a person in this position may be asked to perform from time to time.

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