People living in Ontario can now enjoy online gaming and sports betting in a new way. BetMGM has rolled out the first gift cards branded by a sportsbook in Canada. This move, which is made possible through a collaboration with payment tech company TAPPP, sets a new standard in Canada’s iGaming scene.
Ontario Players Can Now Top Up BetMGM Accounts Using Prepaid Cards from Local Retailers
The prepaid cards can be bought at more than 2,500 stores throughout Ontario, which makes it simpler for players to add money to their BetMGM accounts. Customers just need to type in a special PIN from the card’s back into their BetMGM account to get their funds right away. In keeping with local rules, people using prepaid cards in the province have a weekly deposit cap of CA$250 ($183).
Sandy Agarwal, TAPPP’s CEO, stressed that bringing the program to Ontario marks a big move for both companies. This step introduces BetMGM’s retail gift cards to a new country and makes it easier for Canadian players to access them. Agarwal added that the company aims to expand its payment options to meet the growing need across North America.
BetMGM and TAPPP Expand Successful Gift Card Program from US to Ontario Market
BetMGM and TAPPP have teamed up before on a similar project. They first rolled out the gift card program in the United States in 2021. Since then, people can buy the cards in 15 US states. The cards have a 99% redemption rate, which ranks among the best in the business.
Matt Prevost, BetMGM’s Chief Revenue Officer, highlighted how important this launch is for the company’s work in Canada. He noted that Ontario remains a tough and growing market for online gaming and sports betting. Prevost also said that adding gift cards would give users an easier way to fund their accounts, which would help BetMGM grow stronger in the area.
BetMGM, a team-up between MGM Resorts International and Entain Plc, stands out as a big player in North America’s gaming world. In Ontario, people can make use of their online casinos and sports betting options. The company says that as it grows, it still focuses on encouraging safe gambling. Canadians can use tools like the GameSense program, which is built into BetMGM’s platform and offers ways to gamble more responsibly.