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Deutsche Telekom Wants German Sportsbetting License
Friday September 06,2013 : DEUTSCHE TELEKOM WANTS A GERMAN ONLINE SPORTS BETTING LICENCE
But with only 20 licenses available competition will be tough
Deutsche Telekom has applied for a German sports betting licence which could result in the telecommunications giant competing against online gambling companies in the race for just 20 licenses.
A Deutsche Telekom spokesman told the Reuters news agency Friday that the application was being reviewed by the Interior Ministry of the German state of Hesse.
"It is not yet certain whether that will turn into an operating business," the spokesman warned.
Germany's 16 states will offer only 20 sports betting licenses across the nation in order to retain control over the lucrative online German market.
For years major online gambling companies and the European Commission have been recommending a more liberal approach to online gambling, so far to no avail.
As a result, top British companies like William Hill and Betfair have pulled out of the market, reducing competition and thereby the quality of the odds and services offered to German punters.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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