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TDS A/S wants to enter online gambling market
Tuesday March 4,2014 : DANISH TELECOM GIANT TO ENTER ONLINE GAMBLING MARKET?
Prospective contender holding cards close to chest
Danish telecommunications giant TDS A/S (formerly Tele Danmark) has voiced its intention to enter an online gambling market that it says is growing by 10 to 15 percent per annum with revenues of around DKK2.5 billion per year.
"All content services that can be digitized, is of fundamental interest to TDC as possible areas of business," confirmed Carsten Dilling, chief executive officer of TDC. "We already have for several years offered streaming of music, movies and TV series, and it is natural for us to explore whether there are other adjacent business models that may be relevant.”
TDC did not divulge whether it is planning to develop its own platform or whether it will partner with an existing provider.
"I do not reveal too much by saying that the ability to operate betting and casino is not a core competency for TDC. But both are well suited to TDC because customers consume our products while they play. Maybe they see a football game on TV while betting on their smartphone or iPad. We are strong in technology and the customer, while supporting us are people who are very competent in online odds and casino," said Dilling.
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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