LAS VEGAS – December 8, 2020 – Today, Global Payments Gaming Solutions announced a new venture with Tipico, a global sportsbook operator, to implement the sports betting feature from Global Payments’ iGaming solutions with Tipico’s platform. With Global Payments Gaming Solutions, Tipico will further their U.S.-based online sports betting offerings to deliver an enhanced gaming experience.
Tipico is the market leading sports betting provider in online and retail business in Germany. Tipico operates branches in Germany, Austria, Croatia and Gibraltar. More than 6,000 people work for the entire Tipico Group and the associated franchise network. Franchise partners operate some 1,100 Tipico shops in Germany and Austria. 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.
Tipico has built a new and proprietary online sportsbook offering tailor-made for avid bettors in the U.S. and inspired by decades of experience as an international leader in the sports betting and mobile iGaming space. Tipico offers digital and mobile betting entertainment across 30 different sports with odds managed by Tipico’s in-house trading team. Its investment in Global Payments’ iGaming solutions will allow Tipico to deliver a seamless, convenient experience to its sportsbook app users via their smart devices.
With the support of Global Payments, Tipico can now tap a multi-channel approach to simplify the funding process for patrons. Global Payments’ VIP Lightspeed® platform powers funding and withdrawals for online sports betting, while VIP Preferred® e-check network enables users to quickly access funds from their checking account.
“Global Payments Gaming Solutions empowers providers like Tipico with innovative offerings that bridge the gap between physical and digital properties to enhance the gaming experience for their users,” said Christopher Justice, president, Global Payments Gaming Solutions. “We look forward to a prosperous partnership with Tipico in the U.S. and helping them expand their sports betting capabilities.”
“Partnering with Global Payments will offer our customers in New Jersey an enhanced, seamless experience when placing bets through the Tipico app,” said Allen Ambrogio, Director of Operations, U.S. Business, Tipico. “The use of Global Payments’ iGaming Solutions will help us continue to provide the high-quality consumer experience that users have come to expect from Tipico, and we look forward to working with the team as we continue to expand our offerings in 2021 to Colorado and other states.”
About Tipico U.S.
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Tipico is a U.S. sportsbook originally founded in Europe in 2004. As the leading sports betting provider in Germany and one of the top sports betting companies worldwide, the company offers digital and mobile betting entertainment across 30 different sports and invests heavily in the development of technologies that make the sports betting experience better and safer, placing the highest value on player protection. Tipico Group Ltd. employs over 1,800 people worldwide and another 4,200 people working in the Tipico associated franchise network. In the United States, Tipico is regulated by the New Jersey Division of Gaming Enforcement and has established U.S. operations and business headquarters in Hoboken, New Jersey. Tipico has partnered with Ocean Casino and Resort in Atlantic City for New Jersey licensing. In Colorado, Tipico will be regulated by the Colorado Division of Gaming, and has partnered with Century Casinos for licensing. For more information, please visit www.tipico.com/us, or www.tipico-group.com.
About Global Payments Gaming Solutions
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Global Payments Gaming Solutions, a division of Global Payments, enables the world’s gaming entertainment leaders to create amazing consumer experiences and maximize spend across all of their physical and digital properties. Our complete suite of payment solutions enables safe, secure and trusted cash access at the cage, on the casino floor, or online. Learn more at www.globalpaymentsgaming.com.