The news comes after the Colorado Division of Gaming confirmed its approval of Tipico's mobile app.
Expansion into Colorado is facilitated by an agreement with Century Casinos, which supported the sportsbook licence application.
Adrian Vella, CEO, Tipico US, said: “We are thrilled to announce Tipico’s continued growth within the US.
“We look forward to continuing to grow our US footprint with announcements in the pipeline that will change the game for avid sports fans and bettors. This is an exciting moment for Tipico as we continue to add new features.
“Captivating users and elevating their betting experience is at the core of Tipico’s development and growth plan, and we’re proud of the capabilities our app and our proprietary technology stack offers.”
Erwin Haitzmann and Peter Hoetzinger, Co-CEOs of Century Casinos, said: “Century Casinos is thrilled to welcome Tipico Sportsbook to Colorado, and we're honored to partner with them to introduce Colorado's legendary sports faithful to their new home for sports betting action.
“Tipico is a seasoned global operator with a track record of delivering reliable, high-quality products, which pairs perfectly with the casino experience we offer Colorado players.”
Tipico was recently quoted as one of several suitors to buy William Hill’s European betting shops, joining the race to take control of its online operations for over £1.5bn ($2.09bn).