Deutsche Telekom Wants A German Online Sports Betting Licence

DEUTSCHE TELEKOM WANTS A GERMAN ONLINE SPORTS BETTING LICENCE

06th September, 2013 at 12:45:37
Source: http://www.azonlinecasinos.com

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.

Related News Tags: , ,



« News index »



SPORTECH FULL YEAR 2016 RESULTS

29th March, 2017 at 15:16:22
Results fail to impress but transformational period positions company for growth, Board believes.

NEW TELEVISION ADVERT FROM ONLINE CASINO

28th March, 2017 at 19:47:54
PlayOJO.com begins major marketing push in UK.

HABANERO HAILS STRONG START TO 2017

28th March, 2017 at 11:21:29
Future looks bright, developer says.

PARIPLAY LAUNCH BLOODSHOT (Update)

27th March, 2017 at 20:04:48
Based on iconic comic book series.

ULTRAPLAY DOUBLE DEAL

27th March, 2017 at 13:46:09
With Mbitcasino and Arcanebet
Full Story: Ultraplay Double Deal »