Tag Archives: Tipp3.de

Deutsche Telekom terminates betting subsidiary TIPP3

SBC News Deutsche Telekom terminates betting subsidiary TIPP3

Just one year after launching its German sports betting enterprise TIPP3 (Tipp3.de) European telecommunications giant Deutsche Telekom has terminated its subsidiary, following reports of significant underperformance. In April 2015, Deutsche Telekom governance announced that it had entered the German sports betting market, acquiring a majority 64% stake in Tipp.de Sportwetten GmbH owned by Deutsche Sportwetten, who would continue to manage …

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