Tipico is Germany's leading online sportsbook and employs about 6,000 people worldwide. Investors of Tipico include Banijay Group and CVC. 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.
Cyborg Score Rationale
Tipico holds a strong position as Germany's leading online sportsbook with established operations across Europe and regulatory approvals. However, recent exit from the U.S. market and competitive pressures limit growth trajectory. Established brand with ~6,000 employees demonstrates operational scale.
Top Insights
Banijay Group finalized takeover of Tipico in April 2026
In October 2020, Tipico was granted a German sports betting concession by the Darmstadt Regional Council
The company has developed a strong digital platform, expanded its retail network, and built a brand known for safe and regulated entertainment
The platform allows users to place bets on multiple sports events like football, baseball, basketball, tennis, and more, and also offers casino games and live casino tournaments
Named Competitors
William Hill — Online sports betting and gaming operator
Baazi Games — Sports betting and online gaming platform
Splash Sports — Online sportsbook and gaming provider
bet365 — Online sports betting and gaming operator
Betsson Group — Online sports betting and casino games platform
Entain — Online sports betting and gaming operator
Recent Developments
(April 2026) Banijay Group finalized acquisition of Tipico
(January 2026) Tipico announced as new member of EGBA
(June 2024) Sold U.S. sportsbook platform to LeoVegas/MGM Resorts International
Open the full interactive Tipico report
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