LeoVegas agrees to acquire Tipico’s US sportsbook and casino platform
MGM Resorts said on 24 June 2024 that its subsidiary LeoVegas had agreed to buy Tipico Group’s US sportsbook and online casino product and technology platform. Tipico will wind down its US operations before closing, while LeoVegas will take on some management, technology and trading staff across the US, Colombia and Europe.
The agreement would give LeoVegas control of a sportsbook platform and add Tipico teams to its business.