Sports betting company to open tech hub in Colorado

The online sports betting company Tipico plans to open a hub in Colorado that will create more than 400 jobs, the company and state officials said Wednesday.

The company, which is headquartered in Europe and already has sportsbooks in Colorado and New Jersey, claims the technology hub will create 441 jobs in eight years.

Colorado voters approved Proposition DD in November 2019, which legalized sports betting starting on May 1, 2020.

Since then, the state has added 25 online sportsbooks, with more than $2.3 billion wagered
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