Germany's Lottery association, Deutsche Lotto- und Totoblock (DLTB), is not in favor of Deutsche Telekom's plan to launch online sports betting as it goes against German regulations.
Deutsche Telekom will operate Tipp3.de and access the German market under its Austrian license claiming it is breaking no laws in doing so.
“Deutsche Telekom wants to contravene Germany's legal regulations. Thus, the partly state-owned company is on a par with providers who operate partially illegally from tax havens on the German market,” according to a statement from DLTB's Michael Burkert and Peter Jacoby.
“Current legislation dictates that companies offering internet sports betting in Germany must have a German license, that's always been the stance of the Federal government and the States.
"The argument that an Austrian license exists and should therefore be offered in Germany is absurd and can not be accepted.”
sharpe
9 years ago
Obviously a lot of different financial interests are involved here and Germany’s Lottery association and other companies who works on the German sportsbook market don't want another competitor and that is understandable but I think they will reach some agreement in the end and Deutsche Telekom will be in that business...
Obviously a lot of different financial interests are involved here and Germany’s Lottery association and other companies who works on the German sportsbook market don't want another competitor and that is understandable but I think they will reach some agreement in the end and Deutsche Telekom will be in that business sooner or later.
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vlado.mikic.50 9 years ago
German laws are very strict.Their loto association has some rules which has to be followed by all companies.In Germany,it is not important how powerfull your company is,you still have to fullfil all the requests you have been asked by loto association.Telekom will have to wait for something to change in Germany's system.
German laws are very strict.Their loto association has some rules which has to be followed by all companies.In Germany,it is not important how powerfull your company is,you still have to fullfil all the requests you have been asked by loto association.Telekom will have to wait for something to change in Germany's system.
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