Tipico

Last updated
Tipico Co. Ltd.
IndustryGambling
Founded2004
Headquarters Tipico Tower, St. Julian's, Malta
Key people
Joachim Baca, CEO
Products Sports betting, casino, games
Number of employees
6,000
Website tipico.com

Tipico is an international provider of sports betting and casino games, headquartered in St. Julian's, Malta. Tipico holds, among other licenses, a German sports betting concession from the Darmstadt Regional Council as well as other gambling licenses from the Malta Gaming Authority. The company also has branches in Germany, Austria, Croatia, Gibraltar, Colombia and the US. More than 1,800 people work for Tipico Group, with more than 6,000 in the whole Franchise network. CEO of Tipico is Joachim Baca.

Contents

Company

Tipico Co. Ltd. and Tipico Casino Ltd. were founded in 2004 as international trading companies in the commercial register of the Malta Financial Services Authority. [1] The company group employs more than 1,800 people from 57 different nations and more than 6,000 in the whole Franchise network. In addition to the online business, Tipico operates as franchise system in Germany and Austria more than 1,250 sports betting shops. They also have offices in the US, Croatia, and Gibraltar. [2] Tipico is the market leader in Germany with a market share of over 50 percent and is the sixth largest betting provider in the world. [3] Tipico is one of seven companies, which, according to the Schleswig-Holstein Ministry of the Interior, has been granted a license for sports betting on the first time. [4]

Since 2016 Tipico has a new majority shareholder with the financing company CVC Capital Partners. In the course of the sale, a new CEO was also appointed with the Austrian Joachim Baca. [5] On the 9th of October 2020, Tipico was granted a German sports betting concession by the Darmstadt Regional Council as part of the very first concession grant. [6]

Sponsorship

In Germany, Tipico was a sponsor of the football league club Hamburger SV. In addition, Tipico has a partnership with the Austrian Bundesliga. [7] Starting from the 2015/16 season there is also a sponsoring partnership with FC Bayern Munich. [8] Since January 2018, Tipico is official partner of the German Football League (DFL). Including the 2020/21 season, Tipico may use the symbols of the Bundesliga and 2. Bundesliga in their communication. [9]

Brand ambassador

Oliver Kahn has been a spokesperson for Tipico since 2013 and has been advertising with the slogan "Your bet in safe hands" for the company. Since the start of the second half of the season 2019/20, the betting provider has advertised with the slogan Tipico - Das Original. [10]

Player protection

According to Tipico, security and player protection are part of the product promise. The provider focuses on the early identification of risky gaming behavior based on scientific models. Derived from this, targeted interventions allow Tipico to offer each customer the level of protection she or he needs to enjoy the respective offers safely. The betting provider has a full-time customer service team, customer protection team and cooperates with external partners from science and the aid and consulting sectors. These include the gambler clinic of the IAP TU Dresden, the Department of Addiction Research at the University of Lucerne, the Gambling Addiction Aid, the online advice center Gambling Therapy and the Glücksfall e.V. association. [11] [12]

Tipico states that it supports the Early Warning System (EWS) of the International Federation of Association Football (FIFA) and informs associations and organisers whenever the company registers suspicious betting activities. In addition, the company cooperates with the integrity department of Sportradar, with Betgenius, with the International Olympic Committee and with the Tennis Integrity Unit of the International Tennis Federation. [13]

Memberships

Tipico is a founding member of the German Sports Betting Association (DSWV). DSWV, established in autumn of 2014, based in Berlin, advocates the regulation of sports betting in Germany in a law-free manner and sees itself as a central point of contact for the general public, especially for politics, sport and the media.

At an international level, Tipico is active in the Austrian Play Fair Code, the Association for the Protection of Integrity in Sports. The PlayFair Code carries out prevention trainings in the two Austrian pro-divisions. Tipico is also a member of the Austrian Bookmaker Association (OBMV). The members of the OBMV work together to create a foundation on which bookmakers can operate in a secure legal and economic environment. The OBMV pursues no self-economic interests and is politically and confessionally neutral. In addition, Tipico holds a membership of the Malta Chamber of Commerce.

Related Research Articles

<span class="mw-page-title-main">William Hill (bookmaker)</span> Bookmakers in the United Kingdom

William Hill is an international gambling company founded in 1934. Its product offering includes sports betting, online casino, online poker, and online bingo. Business operations are conducted from its headquarters in London, alongside satellite offices in Gibraltar, Leeds, Malta, Manila, and Sofia. The company was previously listed on the London Stock Exchange until it was acquired by Caesars Entertainment in April 2021. In July 2022, William Hill was subsequently acquired by 888 Holdings for £2.2 billion.

<span class="mw-page-title-main">Austrian Football Bundesliga</span> National league club competition in Austrian football

The Austrian Football Bundesliga, also known as Admiral Bundesliga for sponsorship reasons, is the top level of the Austrian football league system. The competition decides the Austrian national football champions, as well the country's entrants for the various European cups run by UEFA. Since Austria stayed in sixteenth place in the UEFA association coefficient rankings at the end of the 2015–16 season, the league gained its first spot for the UEFA Champions League for the 2016–17 season.

Online gambling is any kind of gambling conducted on the internet. This includes virtual poker, casinos, and sports betting. The first online gambling venue opened to the general public was ticketing for the Liechtenstein International Lottery in October 1994. Today, the market is worth around $40 billion globally each year, according to various estimates.

<span class="mw-page-title-main">Gambling in the United States</span>

In the United States, gambling is subject to a variety of legal restrictions. In 2008, gambling activities generated gross revenues of $92.27 billion in the United States.

Playtech plc is a gambling software development company founded in 1999. The company provides software for online casinos, online poker rooms, online bingo games, online sports betting, scratch games, mobile gaming, live dealer games and fixed-odds arcade games online. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">CVC Capital Partners</span> Luxembourg-based private equity and investment advisory firm

CVC Capital Partners is an American Luxembourg-based private equity and investment advisory firm with approximately US$155 billion of assets under management and approximately €157 billion in secured commitments since inception across American, European and Asian private equity, secondaries and credit funds. As of 31 December 2021, the funds managed or advised by CVC are invested in more than 100 companies worldwide, employing over 450,000 people in numerous countries. CVC was founded in 1981 and, as of 31 March 2022, has over 650 employees working across its network of 25 offices throughout EMEA, Asia and the Americas.

bwin Austrian online betting brand

bwin Interactive Entertainment AG, formerly known as Betandwin, is an Austrian online betting brand acquired by Entain PLC. The group operated under international and regional licences in countries like Gibraltar, the Amerindian reserve of Kahnawake (Canada), and Belize; and Germany, Italy, Mexico, Croatia, Austria, France, and the United Kingdom in Europe. Bwin offered sports betting, poker, casino games, and soft and skill games, with most revenue coming from poker and sports betting. bwin had over 20 million registered customers in more than 25 core markets. Competence centres were located in Vienna, Stockholm, and Gibraltar.

<span class="mw-page-title-main">Sky Betting & Gaming</span> British-based gambling company

Sky Betting & Gaming is a British-based gambling company, owned by Flutter Entertainment, with headquarters in Leeds, West Yorkshire and offices in Sheffield & Solihull. Sky Betting & Gaming consists of five core brands: Sky Bet, Sky Vegas, Sky Casino, Sky Poker and Sky Bingo.

bet-at-home.com

bet-at-home.com AG is a European online gambling and sports betting company that was founded in 1999.

The 2014–15 Austrian Football Bundesliga was the 103rd season of top-tier football in Austria. FC Red Bull Salzburg won their 9th title, and second in succession.

Betway is an online gambling company. Founded in 2006, it offers betting and gambling products including sportsbook and online casino. Betway has offices in London, Malta, Guernsey, and Cape Town, South Africa.

<span class="mw-page-title-main">EveryMatrix</span> Software company

EveryMatrix Ltd is a B2B iGaming software provider company founded in 2008 with its headquarters in Malta. EveryMatrix supplies online gambling platforms, products, and software to online casinos, sportsbook operators, and state-owned or private lotteries. EveryMatrix is a member of the European Lotteries Association and World Lotteries Association.

The 2015–16 Austrian Football Bundesliga was the 104th season of top-tier football in Austria. Red Bull Salzburg were the defending champions.

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.

LeoVegas AB is a Swedish mobile gaming company and provider of online casino and sports betting services such as table games, video slots, progressive jackpots, video poker and live betting to a number of international markets. LeoVegas Gaming Ltd. is a subsidiary of MGM resorts international.

<span class="mw-page-title-main">Kambi Group</span>

Kambi Group Plc is a B2B provider of sports betting services to licensed B2C gambling operators. The company provides a software platform with front end user interface, odds compiling, customer intelligence and risk management.

<span class="mw-page-title-main">Casumo</span> Online casino and sportsbook company

Casumo is a Maltese online casino and sportsbook services company, which includes video slots, jackpot games, live casino, table games and betting. Casumo has its headquarters in Malta in Swieqi, and has additional offices in Barcelona,Gibraltar and Zagreb. Casumo also owns online casino operators Dunder and Kazoom Casino.

<span class="mw-page-title-main">Gaming Innovation Group</span>

Gaming Innovation Group Inc. is an iGaming company offering cloud-based product and platform services and performance marketing to its B2B partners. The company is listed on the Oslo Stock Exchange under the ticker symbol "GIG", and on Nasdaq Stockholm under the ticker symbol "GIGSEK".

<span class="mw-page-title-main">Genius Sports</span> Sports data and technology company

Genius Sports is a sports data and technology company that provides data management, video streaming and integrity services to sports leagues, bookmakers and media companies.

References

  1. ↑ "Casino App". pinup-app.in. 2022-08-05. Retrieved 2022-10-18.
  2. ↑ "Locations". Tipico Group. Retrieved 2023-02-27.
  3. ↑ Andy, Roocroft (2019-11-29). "EGR Power 50 2019: Tipico (06)". EGaming Review. Retrieved 2020-08-10.
  4. ↑ "Glücksspielstaatsvertrag: Schleswig-Holstein beendet seinen Alleingang" . Retrieved 2017-01-25.
  5. ↑ "CVC kauft Tipico - Joachim Baca neuer CEO". Tipico Sportwetten (in German). Retrieved 2017-01-25.
  6. ↑ Harrison, Robin (2020-10-13). "German operators relieved by legal certainty". iGaming Business. Retrieved 2020-11-26.
  7. ↑ ÖFBL (2020-02-11). "Mit Tipico in die Bundesliga-Saison 2020/21". ÖFBL (in German). Retrieved 2020-08-10.
  8. ↑ "FC Bayern schließt neuen Millionen-Deal". www.tz.de (in German). 2015-03-06. Retrieved 2017-01-25.
  9. ↑ Rentz, Ingo (2018-01-10). "Tipico wird Partner der Fußball-Bundesliga". HORIZONT (in German). Retrieved 2020-08-10.
  10. ↑ Rentz, Ingo (2020-01-28). "Tipico will echter Fan-Leidenschaft ein Denkmal setzen". HORIZONT (in German). Retrieved 2020-08-10.
  11. ↑ Tipico Group. "Consumer Protection". Tipico Group. Retrieved 2020-08-10.
  12. ↑ "Tipico schreibt Spielerschutz groß & bietet Informationen". Sportwette.net (in German). 2020-07-04. Retrieved 2020-08-10.
  13. ↑ Tipico Group. "Integrity". Tipico Group. Retrieved 2020-08-10.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.