The Banijay Group has officially become the majority owner of Tipico Group. It finalized the deal that was announced in October 2025.
Banijay Group expects that the acquisition will enhance its position in the sports betting and online gambling market in Europe. As a result, the company has already secured the fourth position in the market concerning revenue size.
Now, Tipico is operating alongside other betting brands of the group — Betclic and Admiral — under the Banijay Gaming division. Notably, at the time of closing the deal, Banijay Group owns only 65% of Banijay Gaming, with the remaining shares controlled by the founders of Tipico, Betclic, and CVC Capital Partners. In the future, Banijay Group plans to increase its stake to at least 72%.
According to rough estimates, the combined group's revenue for the end of 2025 amounts to €3.1 billion, with an adjusted EBITDA of €0.9 billion, and an adjusted free cash flow of €0.7 billion. Banijay Group expects approximately €100 million in synergy in the medium term.