BetMGM, TAPPP Team Up To Release Gaming Gift Cards In Ontario

Casino and sports wagering giant BetMGM has partnered with payment supplier Tappp to launch video gaming present cards in Ontario, Canada.


These gift cards will be offered for at retailers across the province, while BetMGM will be the very first video gaming operator with retail distribution of branded present cards.


- The gift cards can be utilized to include funds to customers' accounts
- BetMGM online gambling establishment and online sportsbook are readily available in Ontario
- Only 7 gaming groups worldwide have a bigger market cap than BetMGM


BetMGM has an Ontario sports betting and online casino presence. Its introduction of present cards will offer it a leg up over its competitors as the first gaming operator to have gift cards available for purchase in retail outlets.


"We are constantly seeking brand-new ways to increase the accessibility of our clients' present card products," said TAPPP Founder & CEO Sandy Agarwal. "Securing the distribution of BetMGM present cards in Ontario is another exciting first for us as it opens up an entirely brand-new country for BetMGM and its retail customers."


The present cards will work comparable to those for other companies. Recipients will log into their BetMGM accounts and get in a special PIN code found on the back of the present card, which will lead to funds being contributed to their accounts.


BetMGM's present card program launched in partnership with TAPPP in September 2021 in the U.S. Gift cards, which are redeemed at an industry-high 99 percent in America. The present cards are readily available at sellers in 15 various states.


Canadian gift card recipients will not be allowed to include more than $250 to their account weekly.


"Ontario has shown to be a robust market for sports wagering and iGaming with BetMGM as one of the top-tier operators," said BetMGM Chief Revenue Officer Matt Prevost. "We are proud to be the very first to debut sportsbook-branded gift cards and provide players another practical method to money their accounts."


BetMGM is jointly owned by Entain Plc and MGM Resorts International.


According to Companies Market Cap, MGM Resorts is the eighth-largest gaming group in the world and fifth-largest amongst American business. Only Las Vegas Sands, DraftKings, Gaming and Leisure Properties, and Wynn Resorts have a higher market cap than MGM's $10.2 billion.


Despite BetMGM's massive growth, an announcement confirming the release of the present cards in Ontario specified that accountable video gaming education is a "key focus" of the company.


It stated that its Canadian consumers will be allowed to use MGM's online functions through an industry-leading program developed and certified by the British Columbia Lottery Corporation. Customers can also access in-app responsible gaming tools through GameSense combination.


Pertaining to a store near you


TAPPP is a leader in diverse payment choices and has opened more than 50,000 retail outlets to its media and sports wagering clients.


Meanwhile, BetMGM was established in 2018, the exact same year the U.S. federally legislated sports betting. BetMGM Ontario customers must be at least 19 years of ages to participate in online casino video gaming and online sports betting.