Tipico USA Technology, a sports betting operator, receives the green light to launch in Iowa, marking its expansion into the fourth state in the US.
- Tipico has received the green light to expand its operations within the country.
- The customer service of Tipico is located in New Jersey.
The sports betting app Tipico has expanded its presence in the United States by entering into a partnership with the Iowa Racing and Gaming Commission. This agreement allows players in Iowa to conveniently place online wagers using the app.
Tipico has expanded its operations into Iowa, making it the fourth territory it has entered after Colorado, Ohio, and New Jersey. Additionally, Tipico will be operating its customer service from New Jersey.
According to Adian Vella, the CEO of Tipico USA, customers in Iowa can expect a user-friendly product that offers quick and seamless deposits and withdrawals. They will also have access to advanced features for Live betting and the flexibility to cash out at any time.
The most recent statistics
The latest figures for the sports betting market have been released by the Iowa Racing and Gaming Commission. In December 2022, the revenue reached $20.4 million, marking a significant increase of 52.2% compared to the previous year’s $13.4 million.
In December, online sports betting accounted for $17.6m of the total revenue, while retail sportsbook activity contributed $3.1m.
Tipico is an online gambling platform that offers a wide range of betting options for sports enthusiasts.
With Tipico’s establishment in the state, it joins the ranks as the 18th operational online sportsbook operator.
Earlier this month, Tipico, in collaboration with AEG Presents, ventured into Ohio’s recently regulated market as an official sports betting partner of Major League Soccer club Columbus Crew.