Tipico Sportsbook has signed a 10-year deal with Caesars Entertainment.
The deal includes a 10-year renewal term and provides Tipico with immediate access to launch an online sportsbook in Indiana and Iowa, pending licensing and approvals. Tipico would then have a path to expand into additional states in the future.
In Indiana, Tipico will be partnering with Harrah’s Hoosier Park Racing & Casino. The Iowa partner of Tipico will be Isle Casino Hotel Bettendorf. Tipico will also gain certain rights to iGaming market access, pending legislative approval in each state.
“We are excited to announce Tipico’s multi-state market access partnership with Caesars Entertainment, which marks an important step as we continue to expand our U.S. footprint. We look forward to establishing our brand presence in the mid-west, and introducing our highly scalable, proprietary multi-state sports betting experience to players in Indiana and Iowa,” Adrian Vella, CEO of Tipico US, said.
“This new market access agreement with Caesars Entertainment is another exciting step forward for Tipico as we continue to connect with more U.S bettors. Indiana and Iowa are key states in our early expansion plans but there is certainly more to come, and we look forward to announcing additional partnerships later this year,” Stephen Krombolz, VP of Business Development and Strategy at Tipico, said.
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