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Tipico is the market leading sports betting provider in online and retail business in Germany. Tipico operates branches in Germany, Austria, Croatia and Gibraltar. More than 6,000 people work for the entire Tipico Group and the associated franchise network. Franchise partners operate some 1,100 Tipico shops in Germany and Austria. Sports Betting; Live Betting; Casino; Live Casino; Virtual Sports; English en. Tipico Games Ltd is a limited liability company, registered.

With the Tipico Sportsbook app, you can now place real money bets online in New Jersey across all of your favorite leagues, teams, players and more! Your bet is in safe hands with Tipico, a global sports betting leader, and we’re officially LIVE in New Jersey with other states coming soon. Malta (hereinafter referred to as “Tipico Malta”) is a subsidiary of Tipico Group with its registered office in Malta, which allows web-users to take part in online sports betting and casino games via its domains (www.tipico.com, www.tipico.de, sh.tipico.de, www.tipico.at).

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Beginning at noon Friday, online sports gaming and betting begins in Michigan — just in time for the NFC and AFC Championship games in the NFL this weekend.

The Michigan Gaming Control Board on Tuesday authorized nine operators to begin online sports betting or both online gaming and sports betting beginning Friday.

MGCB Executive Director Richard Kalm said it's a 'new era' for the state's commercial and tribal casinos.

“Michigan residents love sports and, judging by inquiries we’ve received, eagerly anticipate using mobile devices to place bets through the commercial and tribal casinos,' Kalm said in a statement. 'Online gaming and sports betting will provide the casinos with new ways to engage with customers while the state and local communities will benefit from taxes and payments on wagering revenue.'

Since it's a first for Michigan, there is a lot to learn about the online sports betting and gaming world. Here is a breakdown of what to know:

Nine Operators Begin Online Offerings

Nine tribal and commercial casinos will begin offering online betting and gaming at noon Friday. They are:

Tribe/CasinoAssociated Platform ProviderGaming Offered Friday
Bay Mills Indian CommunityDraftKingsGames and Betting
Grand Traverse Band of Ottawa and Chippewa IndiansWilliam HillGames and Betting
Greektown CasinoPenn Sports Interactive/ Barstool SportsbookBetting
Hannahville Indian CommunityTwinSpiresGames and Betting
Keweenaw Bay Indian CommunityGolden Nugget Online GamingGames and Betting
Little River Band of Ottawa IndiansRush StreetGames and Betting
MGM Grand DetroitBetMGM/Roar DigitalGames and Betting
MotorCity CasinoFanDuelGames and Betting
Sault Ste. Marie Tribe of Chippewa IndiansWynnGames and Betting

Taxes and Payment Rates

The tax and payment rate for online sports betting in Michigan is 8.4 percent, according to the MGCB. The tax and payment rate for internet gaming ranges from about 20 percent to 28 percent.

The Detroit casinos also may be required to pay a municipal services fee and a development agreement payment to the city of Detroit, according to the MGCB.

Tax Allocations

For the Detroit casinos, 30 percent of online sports betting and internet gaming taxes are allocated to the city; 5 percent goes to the Michigan Agriculture Equine Industry Development Fund; and 65 percent of taxes are allocated to the state Internet Sports Betting Fund or the state Internet Gaming Fund.

For internet gaming, a hold-harmless provision seeks to help the city recoup lost gaming tax revenue if the city of Detroit collects less than $183 million in a fiscal year, according to the MGCB.

With tribal casinos, 90 percent of payments by tribes through online sports betting are allocated to the Internet Sports Betting Fund, while 10 percent goes to the Michigan Strategic Fund.

With internet gambling, 20 percent of payments by tribes are allocated to local jurisdiction governing body for services, while 70 percent goes toward the state Internet Gaming Fund and 10 percent to the Michigan Strategic Fund.

Possible Scams and Catches

As with anything new, there also presides the potential for scams. Michigan Attorney General Dana Nessel said online betting and gambling is no exception. She also encouraged Michiganders interested in partaking in the new online gambling and betting options to first read the fine print associated with them.

“Authorization of these programs is very recent, and I urge anyone who is interested in registering to carefully read and understand the terms and conditions related to the promotional packages being offered so that you are not confused about what might be expected,” Nessel said. “In some instances, site users may be required to spend or deposit a certain amount of money into an account before receiving their free play credits, and users should make themselves aware of such conditions so they are not taken off guard.”

Latest news from two sports betting brands

Tipico now has market access to launch an online sportsbook in Colorado after partnering with Century Casinos, while GAN is rolling out simulated sports betting in Ohio.

German sports betting operator Tipico signed a ten-year deal with Century Casinos, with the latter holding a master sports betting license in Colorado. The company still needs to get its own license from the state authorities to be able to launch. It already has a sports betting license in New Jersey.

Meanwhile, online gaming software provider GAN announced its new free-to-play betting experience in Ohio as its latest product expansion:

The offering will be available in partnership with Jack Entertainment through PlayJACK.com. Customers can place bets on sports for entertainment purposes, with no money involved.

Tipico to enter Colorado

With the October 12 announcement, Tipico becomes the third online operator to partner with Century Casinos, along with Bet365 and Circa Sports.

the third online operator to partner with Century Casinos

Century Casinos will receive a one-time market access fee, as well as a minimum guarantee of annual revenue and a percentage of the net gaming revenue as part of the deal. Tipico will use its own sports betting technology to power the sportsbook.

The managing director of Tipico’s US business, Adrian Vella, spoke about the operator’s excitement after signing the Colorado deal. He said the company is ready to bring its “fully mobile sports betting experience to Colorado and introduce sports fans throughout the state to our brand and proprietary technology.”

German operator’s growing presence

Www Tipico Com En Online Sports Betting Against

The German operator is intent on exploring new horizons by expanding into the US market. In September, it got conditional approval from the New Jersey Division of Gaming Enforcement to launch a sportsbook. Its partner in the state is the Ocean Casino and Resort in Atlantic City; the betting platform is not yet live.

There are also plans to launch an online casino powered by Scientific Games in New Jersey. Tipico has an agreement with NetEnt that will see the leading games developer supplying it with table games and slots.

There was more good news yesterday for the operator, with the German authorities announcing Tipico as one of the first 15 operators to receive an official sports betting license in the country.

GAN’s Ohio expansion

As well as Tipico’s deal with Century Casinos, GAN also announced the launch of its simulated sports betting offering in Ohio on October 12. GAN signed a deal with Jack Entertainment in September 2019 to power the casino company’s online sportsbooks if and when sports betting becomes legal in Ohio.

The launch of the simulated gaming offering will allow both pre-game and in-play betting markets, powered by GAN’s sports betting technology partner Kambi. Bettors will also be able to compare their performances with others who are placing wagers in the state.

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Legal sports betting is at a bit of a standstill in Ohio. The House of Representatives passed a bill earlier in 2020 that would legalize online and retail sports betting. However, the bill has been in the Senate since June, with no progress made on the matter since.

Goal of simulated sports betting

The idea behind GAN’s free-to-play offering is that of “acquiring future sports gamblers online today, at a lower marketing cost than the expected cost tomorrow, once the real money regulated sports betting market commences.”

Www Tipico Com En Online Sports Betting Online

acquiring future sports gamblers online today, at a lower marketing cost”

Tipico Sports

GAN vice president of gaming operations Rom Ustunel outlined that the supplier is looking to also offer the simulated betting experience to retail casino operators in other regions across the country.