Tipico Sportsbook announced Monday a 10-year partnership with Caesars Entertainment. The deal includes a 10-year renewal term and provides Tipico with immediate access to launch an online sportsbook in Indiana and Iowa, pending licensing and approvals. Tipico would then have a path to expand into additional states in the future.
In Indiana, Tipico will be partnering with Harrah’s Hoosier Park Racing & Casino. The Iowa partner of Tipico will be Isle Casino Hotel Bettendorf. Tipico will also gain certain rights to iGaming market access, pending legislative approval in each state.
“We are excited to announce Tipico's multi-state market access partnership with Caesars Entertainment, which marks an important step as we continue to expand our U.S. footprint,” said Adrian Vella, CEO, Tipico U.S. “We look forward to establishing our brand presence in the mid-west, and introducing our highly scalable, proprietary multi-state sports betting experience to players in Indiana and Iowa.”
Tipico, a global sportsbook operator and the German market leader, is currently live in Colorado and New Jersey with seamless cross-state experience in a single mobile app. The sportsbook announced a five-year partnership with Gannett in July 2021, and announced last week its intention to open a technology hub in Denver, Col.