Global sportsbook operator Tipico announced Monday that the company has received conditional approval from the New Jersey Division of Gaming Enforcement to bring its mobile sports betting offer to the state.
The German-owned sports betting operation is well-known across Europe but this will be Tipico’s first venture into the U.S. market. The company targeted New Jersey as a launching point for their product in America. They hope to launch later this fall.
Tipico established its U.S. headquarters and operations in Hoboken, N.J. They built a new and proprietary online sportsbook that is tailor-made for the serious U.S. bettor and inspired by decades of experience as an international leader in the sports betting and mobile iGaming space. Wagering on live sports markets across the globe, with odds managed by Tipico’s in-house trading team, will be available 24/7.
“At Tipico, we knew that New Jersey would be the perfect state for us to kick-start our business in the U.S. because of its sophisticated mobile sports betting audience and mature regulatory and licensing environment,” Adrian Vella, Managing Director of U.S. Business for Tipico said in a statment. “With an incredible pool of local talent in the New York metro area, we’re thrilled to establish our headquarters in Hoboken and continue expanding our team.
“We’ve dedicated significant time and energy to build a long-term foundation for the U.S. market, and today marks an important milestone in that journey for Tipico.”
Tipcio delivers both traditional and live betting options with their sportsbook. The Tipico site also offers both online and live casino options featuring more than 50 games, including slot machines, roulette, Black Jack, and Texas Hold’em.Earlier this month, Tipico signed a partnership agreement with sports betting product and services provider Sportradar that will deliver to Tipico official league data. The deal also provides Tipico access to Sportradar’s pre-match and live betting services.
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