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Deutsche Telekom to enter German sports betting market

9th September 2013 9:26 am GMT

Telecommunications giant Deutsche Telekom, owner of T-Mobile, looks set to compete in the soon-to-be regulated German sports betting market with its proposed acquisition of Deutsche Sportwetten GmbH (DSW).

DSW, which is yet to begin operations, is among a host of companies awaiting licence approval from German authorities to offer sports betting under the Revised State Treaty on Gaming, which came into force in July 2012.

DSW is believed to be a subsidiary of Tipp3 operator Österreichische Sportwetten [...]

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