Sportsbook operator Tipico has achieved a significant milestone in its US expansion efforts, gaining approval from the Iowa Racing and Gaming Commission to launch its sportsbook operations in Iowa. With a commitment to providing an exceptional betting experience, Tipico is celebrating its Iowa debut by offering a range of promotions and cash offers to bettors in the state.
Elevating the Iowa Betting Landscape:
Tipico’s approval to launch in Iowa underscores its dedication to enhancing the sports betting landscape in the state. By introducing its proprietary product and competitive offerings, Iowa bettors will have access to a user-friendly platform with streamlined deposit and withdrawal processes. Tipico’s cutting-edge functionalities, such as live betting and extensive player prop coverage, promise an immersive and engaging wagering experience. Notably, the platform’s operations are conducted within the US, ensuring seamless customer service based in New Jersey.
US-Wide Expansion and Partnerships:
Tipico’s presence extends beyond Iowa, with its US expansion strategy making waves across various states. In Ohio, the operator unveiled early sign-up offers in anticipation of the launch of legalized sports betting on January 1. Furthermore, Tipico solidified its partnership with the Columbus Crew, becoming the official and exclusive sports betting partner of the renowned soccer team. This collaboration showcases Tipico’s commitment to engaging with local communities and sports enthusiasts.
Successes and Collaborations:
The year 2021 marked a significant milestone for Tipico as it launched its first US-based online casino in partnership with Ocean Casino Resort in New Jersey. The operator’s strategic collaborations further extend to Caesars Entertainment, granting Tipico access to mobile betting markets in Indiana and Iowa. In Indiana, Tipico joined forces with Harrah’s Hoosier Park Racing & Casino, while in Iowa, Isle Casino Hotel Bettendorf served as the operator’s partner. The expansion into Colorado also witnessed the launch of Tipico’s mobile sportsbook following a partnership with Century Casinos.
Iowa’s Resilient Sports Betting Revenue:
Iowa’s sports betting landscape experienced a noteworthy rebound in December, as reported by the Iowa Racing and Gaming Commission. The state’s sports betting revenue surged by an impressive 251.7% from November 2022, reaching $20.4 million. The December figures also demonstrated a remarkable 52.2% increase compared to the same period in 2021. Online sports betting constituted a substantial portion of the revenue at $17.6 million, while retail sportsbooks contributed $3.1 million.
Tipico’s approval to launch its sportsbook operations in Iowa marks another chapter in the operator’s ambitious journey of expanding its US presence. With a focus on providing a user-friendly platform enriched with cutting-edge functionalities, Tipico is set to offer an enhanced betting experience to Iowa’s enthusiastic bettors. The operator’s broader efforts in Ohio, New Jersey, Indiana, and Colorado, as well as its strategic partnerships, showcase its commitment to delivering unparalleled entertainment while contributing to the growth of the US sports betting landscape. As Tipico continues to redefine the sports betting experience, its entry into Iowa serves as a testament to its dedication to innovation, engagement, and customer satisfaction.