Tipbet

Tipbet Ltd.

Type of business	Private company
Type of site	Online betting & gaming
Available in	English, German, Turkish, Greek, Macedonian, Croatian, Bulgarian
Headquarters	Gżira, Malta
Employees	100+
URL	www.tipbet.com

Tipbet is a Malta-based gambling company. Its headquarters are in Gzira and the company has grown significantly since its inception in 1995. With a business heavily focused on the online market, there are also fully branded physical betting shops that are run by franchisers. The land-based operation has been active for 20 years in Germany.

Tipbet offers odds on all major sporting events around the world and are licensed by the Malta Gaming Authority (MGA/CL2/1119) since 2014; as well as hosting a wide variety of casino games with regular promotions. New additions to their offering include eSports betting.

Based in the hub of the Mediterranean on the island of Malta, the office hosts various departments of the Tipbet operation.

Sponsorship

Tipbet previously had a sponsorship agreement with football club SV Werder Bremen of the Bundesliga. This deal was valid for the 2016/17 season.

The company are currently Premium Partners of Fortuna Düsseldorf. Similarly, Tipbet's local side, Gzira United FC, wear the company's logo on their shirt. ^[1]

Away from football, Tipbet was the Official Betting and Premium Sponsor of the easyCredit Basketball Bundesliga, which involved a major advertising and marketing agreement. ^[2]

Tipbet successfully participated in the Excellence in iGaming in Berlin and ICE in London conferences, whilst the SiGMA closing party in Malta on 18 November 2016 was sponsored by the company. ^[3]

For the 2015/2016 season Tipbet was the official Betting Partner for Bayer Leverkusen of the Bundesliga. ^{[4] [5]}

Live Casino

Tipbet released a major update to their website in April 2017 ^[6] which included the release of a cash-out feature, virtual sports, and a Live Casino.

The Live Casino is powered by major providers including NetEnt ^[7] and has full mobile device functionality. ^[8]

eSports

In 2016 Tipbet greatly expanded their range. This included venturing into the popular emerging and fast-growing eSports market by sponsoring the AD Finem team. ^[9]

In addition, an agreement has been reached that allows Tipbet to stream ESL eSports events. ^{[10] [11]}

Free live streaming

To differentiate from other leading betting companies, Tipbet offers free streams of sporting events to their customers. By registering, users are able to access streams from around the world without having to deposit money or place a bet.

This is complemented by live statistics. ^{[12] [13]}

Security

The online services of Tipbet are licensed and regulated by the Malta Gaming Authority (license numbers: MGA/CL2/1119/2015 and MGA/CL1/1149/2015), ^[14] Tipbet's website also includes SSL encryption for personal data and transactions.

TipBet is also using its MGA license to target markets where specific regulation is now into place.

Regulatory Intervention

On 20 May 2024 the Malta Gaming Authority cancelled the licence issued to Tipbet and ordered the operator to suspend all gaming operations and to cease using any reference to the Malta Gaming Authority on its online properties. ^[15] The MGA order was backdated to 28 November 2023. ^[16]

References

1. "Gżira sign sponsorship deal with Tipbet". Times of Malta. Retrieved 2016-12-06.
2. "Tipbet nets easyCredit Basketball Bundesliga betting partnership". www.sbcnews.co.uk. 27 September 2016. Retrieved 2016-12-05.
3. "Tipbet to attend SiGMA 2016". Tipbet blog. Tipbet. Retrieved 6 December 2016.
4. "Bayer 04 Leverkusen partner with Tipbet - SportsPro Media".
5. "Phumelela results boosted by increased demand for South African horse racing". 25 April 2017.
6. "Tipbet's new website goes live - RGT Online".
7. "NetEnt games now at Tipbet's Casino". 11 May 2017.
8. "Tipbet Casino is Rated 3.9 out of 5 in 2021 ▷ 2 Bonuses".
9. Gould, Kelly. "Tipbet: Casino Gambling to Sports Betting". GG.BET. Retrieved 2 March 2017.
10. "Tipbet expands offering with Sportradar-powered eSports products - Gaming Intelligence". www.gamingintelligence.com. Retrieved 2016-12-05.
11. "Tipbet has expanded its offering with Sportradar". CalvinAyre.com. 2016-05-06. Retrieved 2016-12-05.
12. "Tipbet signs up for Sportradar's Live Channel Online - Sportradar". Sportradar. 2016-07-27. Retrieved 2016-12-05.
13. "Live Stream Betting at Tipbet Sports". Betting Herald. 2016-07-14. Archived from the original on 2016-07-30. Retrieved 2016-12-05.
14. Tipbet Review, esports-betting.pro Retrieved 07 December 2016
15. Whitfield, Jonny (21 May 2024). "Tipbet has MGA licence cancelled". iNTERGAME Online. Retrieved 21 May 2024.
16. "Cancellation of Authorisation for Tipbet Limited". WIPO. 20 May 2024. Retrieved 21 May 2024.