Core Insights - BetMGM has launched its gift cards in Canada, marking the first sportsbook-branded gift card available in the country across 2,500 retail locations [1][2] - The gift card program allows players to fund their iGaming and sportsbook accounts securely via PIN redemption, with a 99% redemption rate reported in the U.S. [2][3] - Ontario is identified as a strong market for sports betting and iGaming, with BetMGM being a top-tier operator in the region [3] Company Overview - TAPPP is a leader in flexible payment options and has established a retail network covering over 50,000 locations across the U.S. and Canada [7] - BetMGM is a market leader in sports betting and gaming entertainment, formed through a partnership between MGM Resorts International and Entain Plc, and offers various online gaming services [8] Market Expansion - The BetMGM gift card program initially launched in the U.S. in September 2021 and has since expanded rapidly across 15 states [3] - The introduction of gift cards in Canada represents a significant step in BetMGM's expansion strategy into new jurisdictions [2][3] Responsible Gaming - BetMGM emphasizes responsible gaming education and provides resources through the GameSense integration on its platforms [4]