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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.
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
Money Storm Casino -
Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.
Big Online SLot Win on Ultimate 10X Slot -
At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000
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