Tipico to Enter Indiana and Iowa

This story was published more than 2 years ago.

German betting company Tipico has announced that they've partnered with Caesars Entertainment and will be entering the regulated sportsbetting states of Iowa and Indiana as a result.

Tipico will operate using the license held by Harrah's Hoosier Park Racing & Casino in Indiana, while also using Casino Hotel Bettendorf's license in Iowa. The company will be able to provide mobile and online sportsbetting services if permitted by the states.

The term will be for ten years and will have the option to be renewed for another ten years thereafter.

Commenting on the agreement Tipico US CEO Adrian Vella said, "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 US footprint.

"We look forward to establishing our brand presence in the midwest, and introducing our highly scalable, proprietary multi-state sports betting experience to players in Indiana and Iowa."

Tipico says it plans on launching in Iowa later this year while opening up in Indiana early next year.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.
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15 September 2021 - 7:13pm

That's quite unexpected. Tipico has mostly focused on the German market with predominantly German player base. I'm curious if this is because of the German regulations that they're looking for additional ways to expand the business?