Last Updated on July 6, 2020

Tipico, one of the largest sports betting providers in the world, is making moves into New Jersey. The German company is partnering with Ocean Casino Resort in order to move into the U.S. according to EGR.

For American bettors who may not have heard of Tipico before, it is one of the largest sportsbooks in the world with a global reach that outpaces well-known U.K. / American companies like William Hill.

Although the company is still waiting for approval on a gaming license in the state, the expectation is that Tipico will be approved by the start of the NFL betting season. Obviously, the return of NBA, NHL, and MLB games is a major opportunity for sportsbook apps in New Jersey, but the NFL is king when it comes to sports betting. It’s no surprise that Tipico is reportedly eyeing a launch date that will coincide with the start of the football season.

 

Prepping For NJ Sports Betting & Beyond

 

The group is already settling down in New Jersey and more specifically, Hoboken. Tipico has a team of 13 staffers in Hoboken with former FantasyDraft CEO Steve Krombolz joining the team to drive U.S. growth and development. Adrian Vella will be managing the U.S. business, with Steve reporting to him. The sportsbook is continuing to add staff as expansion into New Jersey continues.

Steve has joined the team and will be integral in driving U.S. growth and development. Adrian Vella will be managing the U.S. business, with Steve reporting to him.

Tipico has already launched a U.S. Twitter page, which has just three followers as of Friday morning. The sportsbook has yet to tweet anything out from this account, but there is a link in the group’s bio that redirects bettors to an early access waiting list.

Expect Tipico to become a major player in the New Jersey market. It’s also worth noting that expansion into New Jersey is likely to be followed by expansion into other states. Sports betting legislation is sweeping across the country as states search for creative ways to add tax revenue in the wake of the coronavirus pandemic. Remember the name Tipico because it could become one of the top dogs in U.S. sports betting in the near future.