Deutsche Telekom shut down online betting site Tipp3.de

Tipp3.de launched in April 2015.

The telecommunications company has shut its German-facing online betting site Tipp3.de just one year after its launch.

Germany.- Deutsche Telekom (DT) has shut its German-facing online betting site Tipp3.de just one year after its launch.

In April 2015, DT announced the launch of Tipp3.de, two months after the acquisition of a majority stake in sports betting operator Deutsche Sportswetten, which was one of the original 20 recipients of German sports betting licenses that have yet to be officially issued due to legal challenges.

Then on June 9, Tipp3.de went dark, posting a message to its home page thanking customers for their patronage while alerting them that it was no longer accepting deposits or new bets. The site affirms it will honour pending wagers and credit winners’ accounts as well as unused free credits and bonuses will be credited to customer accounts.

Reportedly, DT had opted to shut down the site for “commercial reasons.” On the other hand, Austrian-licensed gaming operator Österreichische Sportwetten, DT’s minority partner in the Deutsche Sportswetten JV, will continue to operate Tipp3.at site in Austria.