Deutsche Telekom launch German-facing sports betting site Tipp3.de

Telecom giant Deutsche Telekom (DT) has launched its new German-facing online sports betting site Tipp3.de.

The Tipp3 betting site began taking wagers on Wednesday, with a focus on football betting but basketball, hockey, tennis and Formula 1 racing are also on the menu. Tipp3 says it will limit its offering to pro sports events, with no markets for amateur or youth matches.

DT head of digital media Matthias Schmidt-Pfizner, said the telecom firm meant to establish itself in the growing sports betting market as “a trustworthy online provider with a maximum focus on security, quality and the customer experience.”

DT announced its online sports betting plans in February after acquiring a 64% stake in Austrian sports betting operator Deutsche Sportswetten (DSW), which operates the Austrian-licensed Tipp3.at site. DSW’s minority partner is Österreichische Sportwetten, part of the Casinos Austria Group.