6th of September 2013 Author: Johnny Karp
Deutsche Telekom has submitted an application for a German sports betting license could put the company up against other online gambling companies competing for 20 licenses.
On Friday, a Deutsche Telekom spokesman said that the company's 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.
Of the 16 states within Germany, there will be just 20 sports betting licenses up for grabs in an effort to maintain control.
The European Commission and online gambling companies have suggested leniency in terms of online gambling without success.
It's for this reason that companies such as William Hill and Betfair have withdrawn from the market making it less competitive and reducing the quality of betting odds available to punters.
Sports Society News General Sportsbook News
25th of March 2012
2nd of November 2013
Well, that's very interesting news. Deutsche Telekom is a big cellular operator all over the Europe. If they seeks a licence it looks like they are willing to start covering German and maybe other european countries markets ? From what I know one of the leading services there is Tipico with its online and land based points, we'll see how will they act to Deutsche Telekomm plans. I personally find it's interesting it might be another great bookmaker like bet365 in the future.
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