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 Co. Ltd. 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 Malta in 2004 by Dieter Pawlik, Oliver Voigt and Mladen Pavlovic. [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]

In June 2024, Tipico sold its product and technology platform representing its U.S sportsbook and online casino to LeoVegas, a subsidiary of MGM Resorts International. [7]

Sponsorship

In Germany, Tipico was a sponsor of the football league club Hamburger SV. In addition, Tipico has a partnership with the Austrian Bundesliga. [8] Starting from the 2015/16 season there is also a sponsoring partnership with FC Bayern Munich. [9] 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. [10]

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 second half of the 2019–20 season, the betting provider has adopted the slogan Tipico - Das Original. [11]

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. [12] [13]

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. [14]

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References

  1. ↑ Becker, Sven; Born, Malte; Buschmann, Rafael; Höfner, Roman; Naber, Nicola; Röbel, Sven; Wess, Sara; Wille, Robin; Winterbach, Christoph (2021-05-28). "(S+) Tipico: Die schmutzigen Geschäfte des Wettanbieters". Der Spiegel (in German). ISSN   2195-1349. Archived from the original on 2024-09-26. Retrieved 2024-09-26.
  2. ↑ "Locations". Tipico Group. Archived from the original on 2024-09-26. Retrieved 2023-02-27.
  3. ↑ Andy, Roocroft (2019-11-29). "EGR Power 50 2019: Tipico (06)". EGaming Review. Archived from the original on 2020-02-27. Retrieved 2020-08-10.
  4. ↑ "Glücksspielstaatsvertrag: Schleswig-Holstein beendet seinen Alleingang". Archived from the original on 2024-09-26. Retrieved 2017-01-25.
  5. ↑ "CVC kauft Tipico - Joachim Baca neuer CEO". Tipico Sportwetten (in German). Archived from the original on 2017-01-30. Retrieved 2017-01-25.
  6. ↑ Harrison, Robin (2020-10-13). "German operators relieved by legal certainty". iGaming Business. Archived from the original on 2020-11-26. Retrieved 2020-11-26.
  7. ↑ "MGM Resorts International Announces Agreement to Acquire Tipico's U.S. Sportsbook". PR Newswire. June 24, 2024. Retrieved December 23, 2024.
  8. ↑ ÖFBL (2020-02-11). "Mit Tipico in die Bundesliga-Saison 2020/21". ÖFBL (in German). Archived from the original on 2020-08-14. Retrieved 2020-08-10.
  9. ↑ "FC Bayern schließt neuen Millionen-Deal". www.tz.de (in German). 2015-03-06. Archived from the original on 2018-07-02. Retrieved 2017-01-25.
  10. ↑ Rentz, Ingo (2018-01-10). "Tipico wird Partner der Fußball-Bundesliga". HORIZONT (in German). Archived from the original on 2021-02-26. Retrieved 2020-08-10.
  11. ↑ Rentz, Ingo (2020-01-28). "Tipico will echter Fan-Leidenschaft ein Denkmal setzen". HORIZONT (in German). Archived from the original on 2020-01-28. Retrieved 2020-08-10.
  12. ↑ Tipico Group. "Consumer Protection". Tipico Group. Archived from the original on 2020-09-28. Retrieved 2020-08-10.
  13. ↑ "Tipico schreibt Spielerschutz groß & bietet Informationen". Sportwette.net (in German). 2020-07-04. Archived from the original on 2021-03-02. Retrieved 2020-08-10.
  14. ↑ Tipico Group. "Integrity". Tipico Group. Archived from the original on 2020-09-28. Retrieved 2020-08-10.
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