On Monday, Polish financial media outlet Money.pl reported that Poland’s Office of Competition and Consumer Protection had received an application from XTiP Polska on December 14 regarding the takeover of land-based and online sports betting operator Totolotek SA.
XTiP Polska is a joint venture of Gauselmann Group’s Merkur Sportwetten and TMT Investments SA, a Warsaw-based professional investment and consulting group.
XTiP is Gauselmann’s German-facing sports betting brand and has a brand ambassador deal with former German national team footballer Lukas Podolski, who was born in Poland and speaks the local language.
Totolotek has been offering sports betting products in Poland for a quarter-century, and Intralot acquired its interest in the company in 2005. Totolotek was one of the first companies to receive a Polish online sports betting license way back in 2013.
There are presently 14 companies authorized to offer online wagering in Poland.
Source: GMB / Calvin Ayre
