Tipico Releases Corporate Responsibility Report for 2020

Despite enduring a year full of challenges due to the COVID-19 pandemic, Tipico has not only managed to strengthen its market leader position through sustainable corporate decisions but has simultaneously further developed its benchmarks in the field of corporate responsibility. The Corporate Responsibility Report 2020 illustrates how Tipico lives up to its commitment as a trustworthy and responsible corporate citizen, through a variety of successful initiatives and sustainable activities.

The report details a number of projects, measures, and key indicators from areas like personnel, product safety, compliance, society, environment and supply chains, which, together with a consistent corporate ethic, underline Tipico Group’s values and commitment in action. To mention an example, the company’s responsible conduct played a key role in Tipico being among the first providers to receive the newfound sports betting concession valid throughout Germany in October 2020. Other examples of the Tipico Group’s successful efforts, include its cooperation with a whistleblowing ombudsman, and its support for social projects such as the Black Forest Nature Park. Responsible action is also the premise in the Tipico Group’s approach to its conservation of energy and resources. In fact, the group reduced CO2 emissions (Scope 1) by around 33% compared to the previous year.

Further details can be found in the Corporate Responsibility Report 2020, which may be downloaded here.

Tipico receives license for sports betting

Tipico, the market leader for sports betting in Germany, has received a license from the Darmstadt Regional Council to operate sports betting in Germany. Joachim Baca, CEO of Tipico, said: “We are very pleased with the positive news from Darmstadt. We now have a clear set of rules”.

German gambling regulation: Tipico welcomes the transitional regulation

Tipico is the market leader for sports betting in Germany and welcomes the unanimous decision of the German states to regulate the transitional period until the new, fourth State Treaty on Gaming becomes effective on July 1, 2021. The agreement allows operators to offer online gambling services in accordance with German federal law. By 15 October, the provisions must be fulfilled, i.e. the criteria of the fourth State Treaty on Gaming which can already be implemented.

Tipico will adapt its offers to the parameters defined in the State Treaty on Gambling by 15 October 2020. These include adjustments for live betting, the deactivation of Casino games played on tables such as BlackJack and the continuation of virtual slot machine games and online poker in compliance with the provisions of the State Treaty on Gambling. The implementation period for two of the provisions i.e. minimum playing time and EUR 1 stake limit lasts until December 15, 2020.

Joachim Baca, Tipico CEO: “We look forward to the formal adoption of the GlüStV 2021 enabling a long-awaited regulated market access for private gambling operators from mid-2021 onwards.

With the agreement on the transitional regulation that will apply from mid-October, Tipico is prepared to quickly implement the new requirements. “We are in close contact with authorities to better understand and implement the technical and practical requirements” says Karin Klein, Chief Regulatory Officer. “The agreement takes account of the on-going changes in society. Online gaming is popular worldwide, and players need to feel safe and need to be able to rely on secure offers from reputable providers. The agreement thus makes an important contribution to player protection and the fight against a black gambling market.”

Tipico Welcomes Transitional Arrangement

Transitional regulation creates clarity for authorities, operators and customers even before the new State Treaty on Gaming becomes effective / Tipico prepares the implementation of the practical and technical requirements

Tipico is the market leader for sports betting in Germany and welcomes the unanimous decision of the German states to regulate the transitional period until the new, fourth State Treaty on Gaming becomes effective on July 1, 2021. The agreement allows operators to offer online gambling services in accordance with German federal law. By 15 October, the provisions must be fulfilled, i.e. the criteria of the fourth State Treaty on Gaming which can already be implemented.

The transitional regulation for online casino, adopted by the states, is an important step towards clear and reliable regulation and supervision of online casino offers in Germany. The transitional regulation will then be replaced from July 2021 by the new State Treaty on Gaming, which for the first time creates an application process for licenses for online casino operators in Germany.

With the agreement on the transitional regulation and the provisions that will apply from mid-October, preparations are now in full swing at Tipico to implement the requirements quickly. “Not all requirements are known yet. We are therefore seeking an exchange with the authorities in order to obtain clarity about the technical and practical requirements and their implementation,” says Karin Klein, Chief Regulatory Officer. “The agreement takes account of the change in customer behaviour. Online gaming enjoys great popularity worldwide. It is important for players to have access to secure offers by responsible operators. The agreement thus is an important contribution to player protection and the fight against the black market”.

In Tipico’s view, clarity has now been created: just like already with sports betting, online casino offers by private operators may be offered in Germany. To ensure the regulatory framework’s success, it is now important that regulators and operators enter into a transparent and lasting exchange.

With Tipico Into the 2020/21 Bundesliga Season

The Austrian Football Bundesliga is entering the 2020/21 season together with the sports betting provider Tipico. The application sponsorship was extended early for another year and runs at least until summer 2021. The highest division will be called “Tipico Bundesliga” in the coming season as well. The partnership between the Bundesliga and Tipico is already […]

State Treaty on Gambling: Tipico Welcomes Agreement in Principle

Tipico, market leader for sports betting in Germany, welcomes the agreement in principle of the 16 federal states to regulate the growing German gambling market. Joachim Baca, CEO of Tipico, says: “The agreement is good news. The new regulatory framework creates clarity and equal rules for all operators”. Baca adds that he is confident “that an implementation will be found in constructive dialogue with the federal states that considers all interests and can make the regulated market a successful project. The hearing initiated by the federal states offers a good opportunity to bring the expertise of the regulatory stakeholders into this process.”