NEW YORK, Sept. 7, 2021 /PRNewswire/ -- BetMGM, a
leading sports betting and digital gaming operator, announced today
a partnership with TAPPP, a leader in flexible payment options, to
make BetMGM gift cards available at major convenience and grocery
retail chains in select U.S. states offering legal sports
betting.
"One of the biggest pieces of feedback we get from our customers
is that they want a simple and convenient way to fund their
accounts," said Maria Tomlinson,
Head of Payments at BetMGM. "Just in time for the start of football
season, we're thrilled to introduce an option for players to
quickly and securely fund their BetMGM accounts, while avoiding
deposit failures."
"BetMGM is synonymous with sports betting and will now be
ubiquitous in some of the largest retailers across the U.S.," said
Sandy Agarwal, TAPPP's Founder &
CEO. "They are the perfect partner in our journey to make sports
betting and iGaming more accessible. Expanding the available
funding options for sports bettors along with providing the ability
to share in the BetMGM experience through gifting perfectly aligns
with TAPPP's mission, to create more access and engagement for
fans."
BetMGM gift cards are now available in $25 and $50
denominations in eight states at over 6,000 locations across the
U.S. For more details on where you can purchase a BetMGM gift card,
visit betmgm.com/giftcard.
As BetMGM continues to expand to new areas, responsible gaming
education remains a key focus. BetMGM is proud to provide resources
to help customers play responsibly. For more information on BetMGM,
follow @BetMGM on Twitter.
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 US-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://www.betmgm.com/.
About TAPPP
TAPPP makes it easy for consumers to
access sports content and bet by unlocking multiple payment
options. TAPPP has made MLB and NFL streaming products available
across the largest physical and digital retailers in the US. TAPPP
is now extending those payment options for sports betting, making
it safer and easier for millions of customers to top up their
accounts using 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 filings with the SEC. MGM Resorts has based
forward-looking statements on management's current expectations and
assumptions and not on historical facts. Examples of these
statements include, but are not limited to, statements regarding
the future results of BetMGM. Among the important factors that
could cause actual results to differ materially from those
indicated in such forward-looking statements include effects of
economic conditions and market conditions in the markets in which
MGM Resorts operates and competition with other destination travel
locations throughout the United
States and the world, the design, timing and costs of
expansion projects, risks relating to international operations,
permits, licenses, financings, approvals and other contingencies in
connection with growth in new or existing jurisdictions and
additional risks and uncertainties described in MGM Resorts' Form
10-K, Form 10-Q and Form 8-K reports (including all amendments to
those reports). In providing forward-looking statements, MGM
Resorts is not undertaking any duty or obligation to update these
statements publicly 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 additional updates with respect to those other
forward-looking statements.
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SOURCE BetMGM