Need help hiring top legal talent? Contact our team.
Company logo

Legal Counsel, Commercial

BetMGM
$115,840- $165,000/ year
Posted Apr 16
Full Time
Remote

Legal Counsel

About Us

We are BetMGM. We are revolutionizing sports betting and online gaming in the United States. 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 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.

We understand that each card in the deck plays a unique role in any given hand, just as our employees each play a unique role in accomplishing our goals as a company. We strive to create a culture of empathy where our employees feel valued, heard, and comfortable bringing their authentic selves to work. We want to build a product and a workplace that reflect the communities we serve so we approach our work fearlessly, take responsibility when we get it wrong, and ante-up again. We play to win, and we are all-in together.

We were recognized as one of Glassdoor’s “Best Places to Work”.

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 Senior Legal 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: iGaming agreements, 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.
  • 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 Senior Legal Counsel.

Essential Functions

 

  • Must be able to stand or sit and operate computers and other technological devices for extended periods of time.

Qualifications

 

  • Juris Doctor Degree required.
  • Minimum of three (3) to five (5) 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.

About Our Culture

Building BetMGM from the ground up takes effort, energy, and teamwork, but that’s what will make leading this industry all the more satisfying. We stay focused on our main goal with the help of these four company pillars:

  • Believe in Your Game – Take your shot! There’s a freedom to explore ideas usually only start-ups are lucky enough to experience.
  • Backed by the Best - With our expertise—merged with that of our world-class investors—we have the opportunity to take this business, and ourselves, farther than anyone has ever imagined.
  • Do What’s Right - We operate with clarity and simplicity, always doing the right thing by our customers and each other, standing shoulder to shoulder every day.
  • Hustle Hard - Our combined commitment and ambition is what drives us to create some of the most innovative products in the industry.

What We Offer

As a valued employee, we’re committed to giving you the resources and support you need. We offer Medical, Dental, Vision, Life Insurance, Commuter Benefits, Paid Time Off, Holidays, Employee Resource Groups and more!

Gaming Compliance

Candidate must comply with and support the company’s responsible gambling policies, procedures and initiatives.

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.

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.

We understand that each card in the deck plays a unique role in any given hand, just as our employees each play a unique role in accomplishing our company goals. So, we are committed to an inclusive culture for all and empowering our employees to thrive in meaningful careers. At BetMGM, we play to win, and we are “all in” together. If your experience looks a little different from what we’ve identified and you think you’ve got what it takes, we’d love to learn more about you.

If you need assistance or accommodation with your application due to a disability, you may contact us at recruitment@betmgm.com.

Applicable salary ranges may differ across markets. Actual pay will be determined based on experience and other job-related factors permitted by law. The position is also eligible for an annual bonus.