Paul Salem, Chairman of the Board of MGM International - SeventySix Capital Sports Leadership Show

On this episode of the SeventySix Capital Sports Leadership Show, Wayne Kimmel interviewed the Chairman of MGM, Paul Salem. Salem serves as Chairman of the Board of MGM Resorts International (NYSE: MGM), the global hospitality and entertainment company, and was formerly Chairman of MGM Growth Properties (NYSE: MGP) and is the Founder of Salem Capital Management and The Salem Foundation. Previously, Salem spent 27 years helping build and lead Providence Equity Partners, a global private equity firm specializing in the media, communication, and technology industries. Salem was a Senior Managing Director on Providence Equity’s investment team and served as a member of the investment committee and management committees, helping grow the firm to over $50 billion of assets under management. In 1999, Salem established the London office for Providence Equity and in 2008 launched Providence Equity’s credit affiliate, Benefit Street Partners. In 2014, Salem led the purchase of Merganser, a Providence Equity affiliate, and in 2017, formed Providence Public, a long/short hedge fund. Salem served as chairman or director for many of Providence Equity’s portfolio companies, including Asurion, Eircom, Grupo TorreSur, Madison River Telecom, MetroNet (formerly AT&T Canada), PanAmSat, Tele1 Europe, Verio, and Wired Magazine. Salem is involved in the leadership of several non-profit organizations, including serving as Chairman at Woods Hole Oceanagraphic Institute, board member of Edesia Global Nutrition, and advisory board member of the Carney Institute for Brain Science at Brown University. He formerly served as Chairman of Year Up. He earned an MBA from Harvard Business School and a B.A. from Brown University. Paul Salem: LinkedIn:   / paul-salem-42a807191   1:20 Sports Betting and the Growth of the Market 4:09 Vegas 6:30 Gambling + Entertainment around the Country 8:30 iGaming 9:25 Technology in Sports 12:20 Fan Experience in T-Mobile Arena 16:25 Short Background of Company 25:00 Advice 27:35 Future of Sports Industry