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<br><br>FRANKFURT [http://w88us.com/w88club-w88top-w88ap-w88live w88top] (Reuters) - Deutsche Telekom is readying a move into online sport betting in a bid for a slice of Germany's multi-billion euro gambling market, the company said on Saturday.<br>"The sport betting market is booming so an entry is of interest to Deutsche Telekom," a spokeswoman for the telecommunications provider said.<br>"It is not yet clear what products we will be offering," the spokeswoman added.<br>German newspaper Sueddeutsche Zeitung on Saturday reported that Deutsche Telekom planned to offer betting services through a company called Deutsche Sportwetten GmbH (DSW), which is expected to obtain a government gambling concession shortly.<br>DSW is one of the companies on the list for a license but the final result is still subject to a 15-day waiting period, the Deutsche Telekom spokeswoman said.<br>If DSW is granted a license, Deutsche Telekom aimed to take a stake in the company and become its majority shareholder, a move already approved by Germany's cartel office, she said.<br>DSW is currently owned by an Austrian gambling company, which Sueddeutsche Zeitung said planned to continue as a minority shareholder after Deutsche Telekom had bought a stake.<br><br>(Reporting by Peter Maushagen and Jonathan Gould, editing by David Evans)<br>Read the original article on Reuters. Copyright 2014. Follow Reuters on Twitter.<br>More from Reuters:<br><br>Sweden convicts man of preparing suicide [http://w88us.com/w88club-w88top-w88ap-w88live w88club] bomb attack<br><br>India's Odisha state becomes first to give welfare to transgender community<br><br>Indian court convicts 24 in connection with deadly 2002 Gujarat riots<br><br>China says German robot maker deal should not be politicized<br><br>French strikes disrupt rail but air controllers' stoppage averted<br><br>When you liked this informative article and along with you would like desire to receive be given more details regarding about [http://w88us.com/w88club-w88top-w88ap-w88live w88club] i implore you to generously stop by the our web-site.