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Deutsche Telekom acquires 64 percent of Deutsche Sportwetten GmbH
Tuesday February 24,2015 : DEUTSCHE TELEKOM TO ENTER GERMAN SPORTS BETTING MARKET
As majority stakeholder of Deutsche Sportwetten GmbH
Deutsche Telekom, through its recently acquired 64 percent stake in Deutsche Sportwetten GmbH (DSW), is looking toward cashing in on the estimated multi-billion Euro German sports betting market with the launch of a purely internet-based sports betting offer during the first quarter of the year.
DSW founder, Austrian Sportwetten GmbH, (OSW), will retain a minority share of the company saying it “will not reinvent the theme of sports betting, now it has a partner on board for its debut in a fast-growing [online] market, a partnership that fits the strategy of Deutsche Telkom.”
One of 20 companies awarded controversial sports betting licenses by the German State of Hesse, DSW will launch its sports betting offer on tipp3.deonly offering betting markets on professional sport.
Its initial offer will launch without waiting for resolution on the objections to Hesse sports betting licences, Deutsche Telekom said, as the company holds a license in European Union neighbour country Austria.
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NBA odds on Thunder vs. Pacers Game? -
This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.
2 New Christmas Slots For Microgaming -
Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.
SportsBetting Supreme Court Showdown -
Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)
NBA Odds: Heat Can Burn Cavaliers in Cleveland -
The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.
Games Concept Day in Malta -
The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.
AFC’s fight against match-fixing -
The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.
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