- New York-based technology and marketing company TAPPP revealed an expansion of BetMGM's gift card distribution network.
- BetMGM is a partnership between MGM Resorts International MGM and Entain Plc GMVHF.
- The number of stores carrying BetMGM prepaid cards will roughly double from around 6,000 to more than 12,000 in the current quarter.
- The expansion will push the distribution network further into the grocery segment.
- BetMGM gift cards are now available in 12 states, including the recent debuts in New York and Pennsylvania and upcoming launches in Wyoming and Mississippi.
- Price Action: MGM shares are trading higher by 1.51% at $35.60 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
