MGM acquires Tipico US operations to expand its sports betting technology
MGM Resorts International, through LeoVegas, agreed to acquire Tipico Group’s US operations, including its management, technology and trading teams, in a deal expected to close in Q3. No purchase price was disclosed. CBRE Research Director John DeCree said the acquisition adds a proprietary sportsbook technology platform to MGM’s digital strategy.
MGM gains Tipico’s US management, technology and trading teams, adding a proprietary sportsbook platform to its digital strategy.