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TAPPP & BetMGM Announce Distribution of BetMGM Gift Cards in Ontario, Canada

1. BetMGM launches gift cards in Ontario via 2,500 retail locations. 2. First operator offering single-branded gaming gift cards in Canada. 3. Gift cards facilitate easy funding for players' accounts via PIN redemption. 4. BetMGM has a 99% redemption rate for gift cards in the U.S. 5. Responsible gaming education integrated into BetMGM's services.

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FAQ

Why Bullish?

BetMGM's expansion into Canada signifies growth potential, similar to past market entries boosting stock prices.

How important is it?

Gift cards enhance accessibility and customer engagement, likely increasing revenue.

Why Long Term?

The successful launch may strengthen BetMGM's market share in Canada over time, similar to U.S. expansion.

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First sportsbook-branded gift card launched in Canada across 2,500 retail locations , /PRNewswire/ -- TAPPP, a leader in flexible payment options, and BetMGM, a leading sports betting and iGaming operator, announced today that BetMGM gift cards are available for purchase across the premier retailers of Ontario. BetMGM is the first operator to secure retail distribution for a single-branded gaming gift card in Canada. "We are constantly seeking new ways to increase the accessibility of our clients' gift card products," said Sandy Agarwal, Founder & CEO at TAPPP. "Securing the distribution of BetMGM gift cards in Ontario is another exciting first for us as it opens up an entirely new country for BetMGM and its retail customers." The gift card program enables BetMGM players to easily fund their iGaming and sportsbook accounts securely via PIN redemption. BetMGM gift cards have registered an industry-leading 99% redemption rate in the United States, where the program first launched. Matt Prevost, Chief Revenue Officer, BetMGM, said, "Ontario has proved to be a robust market for sports betting and iGaming with BetMGM as one of the top-tier operators. We are proud to be the first to debut sportsbook-branded gift cards and offer players another convenient way to fund their accounts." The BetMGM Gift Card Program launched in September 2021 in the United States, via an exclusive partnership with TAPPP. Distribution of the BetMGM gift cards has expanded rapidly with the inclusion of high-profile, U.S. retailers across 15 states. As BetMGM continues to expand into new jurisdictions, responsible gaming education remains a key focus. BetMGM is proud to provide resources to help customers play responsibly including an industry leading program, developed and licensed to MGM Resorts by the British Columbia Lottery Corporation. Through the GameSense integration within BetMGM's mobile and desktop platforms, customers can directly access responsible gaming tools.  For more information on BetMGM, follow @BetMGM on X. For more details on where you can purchase a BetMGM gift card, visit betmgm.ca/giftcard in Canada and betmgm.com/giftcard in the U.S. A $250 weekly deposit limit applies for players using prepaid cards in Canada. Disclaimer See BetMGM.com for Terms. 19+ to wager. Please Play Responsibly. If you have questions or concerns about your gambling or someone close to you, please contact ConnexOntario at 1-866-531-2600 to speak to an advisor, free of charge. About TAPPP TAPPP is a leading provider of interactive experiences across TV, digital platforms and retail which drive customer acquisition, transactions, engagement, and retention for its clients. The company is an established leader in flexible payment options with a retail network covering all of the United States and Canada, unlocking access to over 50,000 retail doors for media and sports wagering clients. TAPPP's patented MicroApp Platform™ powers real-time content personalization, betting integration, and contextual commerce solutions for leading media and sports brands.  About BetMGM BetMGM is a market-leading sports betting and gaming entertainment company, pioneering the online gaming industry. Born out of a partnership between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT), BetMGM has exclusive access to all of MGM's U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. Utilizing Entain's U.S.-licensed, state-of-the-art technology, BetMGM offers sports betting and online gaming via market-leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit https://sports.betmgm.com/en/blog/ SOURCE TAPPP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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