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Leaving already? Tipico rarely, if ever ventures outside its realm for technology or pricing. The company is still in need of not only a tech provider but digital marketing and sportsbook management teams to aid in the launch.
New Jersey has elevated into the elite class of bet-friendly states and when it is not challenging Nevada in terms of overall monthly handles, it is eclipsing it.
All of the major legal sports betting providers have a presence in New Jersey which is considered the most competitive market in the US.
Not only will Tipico be facing off against other European betting giants like William Hill but it will also be up against recognizable, iconic US brands that already exist in the New Jersey market.
The state has shown that it can tolerate competition — all providers have thrived since coming on board in the Garden State.
The inherently private company has been mum on their expansion plans in the US so far but you can bet some sort of announcement on the future of Tipico in the US is coming soon.
The attractiveness of the US legal sports betting industry appears to not have taken much of a hit during the coronavirus crisis.