Tag Archives: tipico
- Cashpoint boosts Danish retail presence via Tipico deal
August 31, 2017
The Gauselmann Group’s Austrian sports betting subsidiary Cashpoint has acquired the Danish sports betting operations of German operator Tipico. The deal will see Cashpoint build on its Danish presence by adding three sports betting shops in the Copenhagen region and a fourth in Odense on the island of Fünen. The...
- €8 million mobile jackpot win on Microgaming’s Mega Moolah – the largest ever mobile payout!
May 1, 2017
ISLE OF MAN – Progressive online slot Mega Moolah has struck again providing an €8 million pay day! Mega Moolah was hit on Tuesday 25 April 2017 by a Tipico player playing on their mobile device, just over a month after a €6.6 million jackpot was collected in March. The...
- Betting operators lock up football sponsorships as new season looms
July 5, 2016
Asian-facing online gambling operator Dafabet has renewed its shirt sponsorship with English Premier League side Sunderland AFC. Dafabet hooked up with Sunderland in June 2015 and the relationship went smoothly enough that the parties have agreed to re-up for an additional three years, extending their ties through the end of...
- CVC Capital Partners punts on German sports betting operator Tipico
April 25, 2016
Private equity group CVC Capital Partners announced over the weekend that it has acquired a majority stake in German sports betting operator Tipico. Financial details of the transaction weren’t disclosed, but Tipico’s original estimation valued the company to be worth between €1 billion (US$1.12 billion to $1.68 billion). CVC Partners...
- Another German court delivers another blow to federal sports betting plans
April 18, 2016
A German court has thrown a wrench into the federal government’s latest plan to bring its sports betting laws into compliance with local and European Union standards. Last Friday, the Administrative Court of Wiesbaden ruled that the government had no authority under European Union law to place an arbitrary cap...
- Deutsche Telekom adds its name to growing list of Tipico suitors
April 12, 2016
German telecommunications giant Deutsche Telekom is teaming with buyout group Centerbridge on a bid to acquire German sports betting operator Tipico. In October, the Malta-headquartered Tipico enlisted the help of JP Morgan and Rothschild to explore a potential sale of the business, with names like Amaya Gaming, 888 Holdings and...
German states approve new federal gambling treaty
March 17, 2017
Lottoland disrupting lottery monopolies in Germany, Ireland
March 16, 2017
DraftKings launch German-facing daily fantasy sports site
March 23, 2017