The agreement between Tipico and Century Casinos, which will be signed for a period of 10 years, will mean that Tipico, a world leader in the online sports betting arena, which employs a large number of the working class in the U.S and presently has its HQ, in New Jersey, a further foothold and more prosperous future.
Tipico is a US-based company. The company was originally founded in Europe in 2004 and since then has grown into an established leader in the online sports betting industry.Which provides over 30 different countries, world-wide with exciting and innovative access to the online betting scene. The company offers its customers protection at all times as it invests in technologies that make the online world safer and offers a better experience to its users.
Century Casinos is a leader in its own right and owns and operates entertainment establishments in Alberta, Canada, Colorado and many other regions. The company owns 7.5% in Mendoza Central Entretenimientos S.A, this collaboration, was spearheaded by Century Resorts Management, one of its business partners.
The agreement, between these two companies, will be a 10-year partnership, which promises, the online sports fans in Colorado, security and a completely new experience, in sports betting. Tipico’s Managing Director, Adrian Vella, said that the company is looking forward to a long and mutually beneficial partnership, in which the company will be providing mobile betting and proprietary technology to Century Casinos already established and respected brand. Tipico will be receiving a minimum percentage of revenue on an annual basis from gaming revenue, generated by Century Casinos. It will also receive an initial once-off market fee payable to Tipico, upon signing of the contract.
Century Casinos are elated at the prospect of being partnered with Tipico. The Century Casino team believes that the union will offer the Sports Betting platform that has already been established by the Colorado Division of Gaming, a firmer and more secure experience. Erwin Haitzmann, Co-Chief Executive of Century Casinos, is of the opinion that Colorado would be the perfect market for Tipico’s online sports betting scene, as it makes its mark, in the U.S and continues with its growth plans moving forward.
The signing of the agreement brings the total number of sports betting partnerships, within Colorado to three. The other two were signed with bet365 and Circa Sports, respectively.