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Betmgm Gift Cards Online - BetMGM Gift Cards Now Available in 12 States and Over 12,000 Stores Across the U.S. NEW YORK , May 17, 2022 /PRNewswire/ -- TAPPP, a New York -based technology and marketing company focused on customer acquisition and flexible customer payment platforms, and BetMGM , a leading
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sports betting and iGaming operator, today announced an aggressive expansion of BetMGM's gift card distribution network. The number of stores that have BetMGM prepaid cards will roughly double from around 6,000 to over 12,000 in the current quarter. BetMGM's partnership with TAPPP was launched in September 2021, attracting a huge pool of new customers and giving existing customers a quick and flexible option to fund their BetMGM accounts in states where sports betting is legal.
Since its inception, the BetMGM gift card business has experienced an industry-leading 99% redemption rate, with almost 75% of customers redeeming their purchases within just two hours. "The launch of our prepaid sports betting card business has exceeded all expectations and we look forward to even greater success as legal sports betting continues to enter new markets across the country," he said.
Matt Prevost, BetMGM's Chief Revenue Officer. The expansion of the program this quarter is the latest phase of our continued successful partnership with TAPPP to provide customers with easy and responsible funding of their BetMGM accounts." BetMGM gift cards are now available in 12 states, including recent debuts in New York and Pennsylvania
Betmgm Partners With Tappp To Release Retail Gift Cards Across The U.s.
and upcoming launches in Wyoming and Mississippi. This quarter's expansion will push the distribution network further into the grocery segment, a highly underutilized retail space in prepaid sports betting cards, and in -big box retail/home improvement retailers. TAPPP's API-driven platform provides real-time redemption data which helps drive BetMGM's marketing and acquisition campaigns. In addition, TAPPP provides BetMGM with strategic support, payment services and sales analytics, all of which help drive sales and customer retention. For more information on where to purchase a BetMGM gift card, visit betmgm.com
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giftcard About TAPPPTAPPP is a technology and marketing company that helps media, consumer products and sports betting clients drive customer acquisition, transactions, engagement and retention through products and services offered on-screen, at events and in-store with a commercial focus built on our interactive Gaming, gaming and transaction platform, which offers proprietary, real-time specific viewing experiences for content on any end-use device and our payment and distribution services platform, which enables cash and digital transactions for gaming, betting and consumer products.
For more information about TAPPP, visit tappp.com. BetMGM is a leading entertainment sports and gaming betting company, a pioneer in 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 MGM Resorts' land-based and online sports betting, major tournament poker and gaming businesses, all online.
Using Entain's advanced US-licensed technology, BetMGM offers online sports betting and gaming through market-leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. BetMGM was founded in 2018 and is headquartered in New Jersey. For more information, visit http://www.betmgminc.com/. Statements in this release that are not historical facts are "forward-looking" statements and "safe harbor statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including those described in MGM Resorts' public disclosures.
filings with the SEC. Forward-looking statements are based on management's current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to, statements about BetMGM's future performance. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements are the effects of economic and market conditions in the markets in which MGM Resorts operates and competition with other destinations around the United States and the world, the design,
the timing and costs of expansion projects, risks related to international operations, permits, licenses, financing, approvals and other contingencies in connection with growth in new or existing jurisdictions and additional risks and uncertainties described in MGM Resorts' Schedule 10 -. Reports K, Form 10-Q and Form 8-K (including any amendments to these reports).
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In making forward-looking statements, MGM Resorts undertakes no duty or obligation to publicly update these statements as a result of new information, future events or otherwise, except as required by law. If MGM Resorts updates one or more forward-looking statements, no inference should be drawn that it will make further updates with respect to the other forward-looking statements.
This card is issued by Bank of George MEMBER FDIC under license from the Discover Network. Discover and the Discover Acceptance Mark are service marks used by Bank of George under license from Discover Financial Services. Newly Launched Cards Offer Flexible and Fast Options for Customers to Fund Their Accounts NEW YORK , Sept. 7, 2021 /PRNewswire/ -- BetMGM, a leading digital gaming and sports betting operator, today announced a partnership with TAPPP, a leader in flexible payment options,
to make BetMGM gift cards available at major grocery and grocery retailers. chains in select US states that offer legal sports betting. "One of the biggest pieces of feedback we get from our customers is that they want an easy and convenient way to fund their accounts," said Maria Tomlinson, head of payments at BetMGM.
Just in time for the start of the football season, we are delighted to introduce an option for players to quickly and securely fund their BetMGM accounts whilst avoiding deposit errors." "BetMGM is synonymous with sports betting and will now be ubiquitous in some of the largest retailers across the United States," said Sandy Agarwal, founder and CEO of TAPPP.
They are the perfect partner in our journey to make sports betting and iGaming more accessible. Expanding the funding opportunities available for sports betting along with providing the opportunity to share the experience of BetMGM through the gifts is perfectly aligned with TAPPP's mission, to
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create more access and engagement for fans." BetMGM gift cards are now available in $25 and $50 denominations in eight states at more than 6,000 locations across the United States. For more information on where to purchase a BetMGM gift card, visit betmgm.com/giftcard. As BetMGM continues to expand into new areas, responsible gambling education remains a key focus.
BetMGM is proud to offer resources to help customers gamble responsibly. For more information on BetMGM, follow @BetMGM on Twitter. About BetMGMBetMGM 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 MGM's land-based and online sports betting, major tournament poker and businesses in all MGM online games.
Using Entain's advanced US-licensed technology, BetMGM offers online sports betting and gaming through market-leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. BetMGM was founded in 2018 and is headquartered in New Jersey. For more information, visit https://www.betmgm.com/. About TAPPPTAPPP makes it easy for consumers to access sports and gaming content by opening up multiple payment options.
TAPPP has made MLB and NFL streaming products available at the largest physical and digital retailers in the United States. TAPPP is now extending these payment options to sports betting, making it safer and easier for millions of customers to top up their accounts with cash.
Headquartered in New York City, TAPPP's mission is to make sports content more engaging and accessible to fans. Statements in this release that are not historical facts are "forward-looking" statements and "safe harbor statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including those described in MGM Resorts' public disclosures.
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