On the eve of earnings season for leading companies in the U.S. sports betting space, Tipico garnered headlines with merger speculation at the start of this week.
Malta-headquartered Tipico is strongly considering a sale of its U.S. platform, newsletter Earnings + More reported Monday. If Tipico consummates the sale, MGM Resorts has emerged as a potential buyer, E+M reported, citing multiple sources. Tipico is currently live with online sports betting in four states: New Jersey, Iowa, Colorado, and Ohio.
The merger speculation is not the first time Tipico has been linked with a sports betting behemoth in recent years. In June 2022, Fanatics reportedly entered into negotiations with Tipico on a potential acquisition.
