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bwin Interactive Entertainment AG, formerly known as Betandwin, is an Austrian online betting brand acquired by Entain 鉂わ笍 PLC. The group operated under international and regional licences in countries like Gibraltar, the Amerindian reserve of Kahnawake (Canada), and 鉂わ笍 Belize; and Germany, Italy, Mexico, Croatia, Austria, France,[2] and the United Kingdom in Europe. Bwin offered sports betting, poker, casino 鉂わ笍 games, and soft and skill games, with most revenue coming from poker and sports betting. bwin had over 20 million 鉂わ笍 registered customers in more than 25 core markets. Competence centres were located in Vienna, Stockholm, and Gibraltar.[3]
The company provided services 鉂わ笍 for its subsidiaries such as marketing, finance, and administration, corporate communications, controlling, and IT services. All operational activities were managed 鉂わ笍 by licensed subsidiaries. It was listed on the Vienna Stock Exchange from March 2000 until the company's merger with PartyGaming 鉂わ笍 plc in March 2011, forming Bwin.Party Digital Entertainment. That company was purchased by GVC Holdings in February 2024; GVC continues 鉂わ笍 to use bwin as a brand.
History [ edit ]
Beginning with 12 employees in its founding in 1997, bwin was formerly 鉂わ笍 known as "betandwin" until 2006. The company launched its first online gambling site in 1998, focusing on the growing sports 鉂わ笍 betting market. One of the most important developments in the company's history was the launch of its live betting product, 鉂わ笍 developed in-house, allowing players to place bets on sporting events while the actual event was taking place. The firm's initial 鉂わ笍 public offering at the Austrian Stock Exchange took place in March 2000.
Betandwin acquired Simon Bold (Gibraltar) in June 2001 and 鉂わ笍 changed its name to bwin International Ltd. This relocation to Gibraltar was done to keep up with the company's main 鉂わ笍 competitors, who had already moved to the British Overseas Territory.
By December 2001, betandwin was ready to step into the online 鉂わ笍 casino gaming market and did so by launching its first casino platform. Two years later, in July 2003, betandwin introduced 鉂わ笍 and launched a soft games platform known as "Balls of Fire".
In November 2004, betandwin launched multiplayer poker. In June 2005, 鉂わ笍 the group acquired betoto, a company which offers a fixed-odds betting service to punters around the globe, in an effort 鉂わ笍 to expand its presence in the Greek market.
In December 2005, betandwin acquired Ongame e-Solutions AB, a move consistent with the 鉂わ笍 group's strategy to expand into the poker market. After the takeover, Ongame e-Solutions changed its name to bwin Games. In 鉂わ笍 2005, betandwin acquired global media rights outside of Germany to the Germany Football League.
In August 2006, betandwin launched the new 鉂わ笍 bwin brand. This was done after it was found that the betandwin brand, which was described as "descriptive, high-grade and 鉂わ笍 functional", was not suited anymore for the wide assortment of entertainment offerings covered by the company, including sports betting, poker, 鉂わ笍 soft games, and casino games.
In 2007, bwin began to offer live streaming of major sports events.
In September 2009, bwin announced 鉂わ笍 the acquisition of Italian poker operator Gioco Digitale, marking the company's entry into the Italian online gambling market.[4][5]
Bwin is often 鉂わ笍 confused with BetWinner, but they are different bookmakers, with individual features and advantages.[6]
PartyGaming merger [ edit ]
On April 1, 2011, 鉂わ笍 bwin and British gaming firm PartyGaming announced their merger. The new company bwin.party became the world's largest publicly traded online 鉂わ笍 gaming firm, 48.4% of which was owned by existing PartyGaming shareholders and 51.6% by bwin shareholders. The merged company was 鉂わ笍 listed on the London Stock Exchange, with joint CEO's Norbert Teufelberger and Jim Ryan.[7] After a takeover of bwin.party by 鉂わ笍 British GVC Group, the brand bwin continues to exist as customer brand in its portfolio.
Products [ edit ]
The company's subsidiaries 鉂わ笍 and affiliated companies offer sports betting, poker, casino games, and soft games, as well as audio and video streams on 鉂わ笍 sporting events, such as the German Bundesliga. These are all provided via the Internet, and many are also available via 鉂わ笍 other digital distribution channels, such as mobile phone.
Sports Betting [ edit ]
Sports bets are the core business at bwin. Today, 鉂わ笍 the sports betting line-up includes more than 90 different sports; the core area of customer interest is soccer. Other sports 鉂わ笍 include all popular ball-related sports, US sports, as well as all major winter sports and motorsports ranging from Formula 1 鉂わ笍 to MotoGP. "Exotic" sports such as Roller Hockey, Futsal, and Darts are also included in the daily line-up. Customers can 鉂わ笍 also find odds on a range of events outside the area of sports. These include bets on politics and entertainment, 鉂わ笍 such as the Oscars, Talent Shows, the Eurovision Song Contest, and "Miss" events.[8]
Poker [ edit ]
The following types of games 鉂わ笍 are offered at bwin Poker: Texas Hold'em, Omaha, Omaha Hi/Lo, Seven Card Stud, Seven Card Stud Hi/Lo, and Five-card draw. 鉂わ笍 In terms of stakes, users can choose between Fixed Limit, Pot Limit, or No Limit tables. A "play money" version 鉂わ笍 of the games is also available for users to try for free. bwin offers poker tournaments, including Sit & Go, 鉂わ笍 scheduled, and cash games (ring games). Sit & Go tournaments begin as soon as the table is completely occupied. Scheduled 鉂わ笍 tournaments begin at a specified time and allow for a higher numbers of participants and the highest prize pools. In 鉂わ笍 cash games the players can join and leave at-will. bwin Poker can be played using the Mac OS X Poker 鉂わ笍 Client, the Windows Poker Client, the Java Poker Client, or the Mobile Poker Client. The Mac and Windows versions offer 鉂わ笍 an extensive selection of features such as statistics and a mini-table function. The Java client is platform-agnostic and browser-based. The 鉂わ笍 mobile client allows customers to play cash games on their mobile phones.[9]
Casino Games [ edit ]
bwin offers more than 1000+ 鉂わ笍 games, ranging from classics such as roulette or blackjack to slot machines and casino tournaments. The casino has a longstanding 鉂わ笍 tradition at bwin, but in 2001, it was introduced as a second product, in addition to sports betting.[10]
Soft Games [ 鉂わ笍 edit ]
bwin offers more than 60 games divided into the categories of Fortune Games, Skill Games, Mini Games and "ParaDice", 鉂わ笍 as well as Backgammon. This is the product group with the biggest potential for innovation and expansion in the market.[11]
bwin 鉂わ笍 Games AB [ edit ]
bwin Games AB 鈥?founded in 1999 and formerly known as Ongame e-solutions AB 鈥?became 鉂わ笍 part of the bwin Group following its acquisition, in March 2006, by bwin Interactive Entertainment AG.
Within the bwin Group, bwin 鉂わ笍 Games AB acts as the competence centre for poker and casino games, developing products via digital distribution channels for bwin 鉂わ笍 proprietarily owned brands, such as PokerRoom, HoldemPoker, eCardroom, PokerGaming, Europoker, and the Ongame Network partners.
PokerRoom was an online poker cardroom 鉂わ笍 founded in 1999. Licensed by the Kahnawake Gaming Commission, PokerRoom offered both play and real money formats. Tournaments and ring 鉂わ笍 games were available in both web-browser and download client platforms, with support for both Macintosh and Linux. PokerRoom was one 鉂わ笍 of the first online poker sites to provide multi-language support, and catered to Danish, German, Spanish, French, Italian, Russian, and 鉂わ笍 Swedish speakers. These languages were accessed via "regional sites", many of them showing local sponsorships for the selected region.
Legal Issues 鉂わ笍 [ edit ]
PokerRoom also maintains a play money only site, PokerRoom.tv, that is advertised in Canada on the boards of 鉂わ笍 National Hockey League rinks, as well as on U.S. television networks like ABC.
Awards [ edit ]
PokerRoom has won industry awards, 鉂わ笍 such as "Poker Site of the Year" from the UK Gambling Awards in 2006 and "Top Poker Software" from the 鉂わ笍 Online Gambling Magazine Awards in 2005.
Shutdown [ edit ]
After 10 years of operation, bwin announced the closure of PokerRoom on 鉂わ笍 April 14, 2009. Players with money still left in their accounts were encouraged to transfer their balance and play at 鉂わ笍 bwin.[12] However, PokerRoom players with large "play money" accounts had to abandon those accounts when transferring to bwin.
Legal Status [ 鉂わ笍 edit ]
As the global legal framework for Internet gambling is a complicated mix of laws and regulations, bwin's situation varies 鉂わ笍 depending on the country concerned. For several years now, the United Kingdom and Italy have been examples of countries that 鉂わ笍 have regulated their online gaming markets to the advantage of all stakeholders. Just recently, Italy extended its online licenses to 鉂わ笍 include poker tournaments, and countries like France, Spain, and Denmark announced their intention to permit private operators access to their 鉂わ笍 markets under stringent conditions and controls. Other countries, on the other hand, are still pursuing a policy of maintaining a 鉂わ笍 state monopoly of internet gaming, or even a complete ban.
On 15 September 2006, Norbert Teufelberger and Manfred Bodner were arrested[13] 鉂わ笍 at a press conference in La Turbie, France, due to offenses against the French gambling laws. After an investigation the 鉂わ笍 judge released them on the evening of September 18, 2006.
Due to the enactment of the Safe Port Act, bwin stopped 鉂わ笍 taking bets from United States-based players in October 2006.[14] The offerings became available again upon regulation of the markets. In 鉂わ笍 the States where regulation is in place, the same product line offered through bwin is available through BetMGM, the joint 鉂わ笍 venture of bwin's parent company Entain PLC's with MGM Resorts International.
On 6 March 2007, the European Court of Justice struck 鉂わ笍 down Italian national gambling restrictions in the Placanica case.[15]
The EFTA Court held hearings in January 2007 to decide on the 鉂わ笍 admissibility of a state monopoly for betting and gaming according to European Law. The decision of the EFTA Court will 鉂わ笍 be made on 14 March 2007.[citation needed]
In February 2024, bwin ended its operations in Russia. An agreement was made with 鉂わ笍 Parimatch enabling customers to transfer platforms along with their funds.[16]
bwin sponsored football giant Real Madrid from 2007 to 2013 and 鉂わ笍 they were also a premium partner of FC Bayern Munich. In October 2010, bwin announced a sponsorship for the upcoming 鉂わ笍 three football seasons in which they would be the title sponsor of the Portuguese League Cup (renamed the "bwin Cup").[17] 鉂わ笍 In July 2010, bwin signed a two-year sponsorship deal with Italy's second tier, Serie B. Additionally, bwin cooperates with the 鉂わ笍 International Basketball Association (FIBA) and has been sponsoring the European and World Basketball Championships since 2006. In the area of 鉂わ笍 motorsport, the company is one of the main sponsors of the MotoGP series. In 2010, bwin became the title sponsor 鉂わ笍 of the races in Jerez and Estoril and official partner of the GP in Brno, Misano, Mugello. In the past, 鉂わ笍 many other popular events across international and local sports were supported by bwin. bwin also lent its name to the 鉂わ笍 Primeira Liga (bwinLIGA), sponsored Italian football club Milan from 2006 to 2010, and has also been a partner to popular 鉂わ笍 football clubs, such as Real Madrid, Juventus and Werder Bremen.[18]
In addition, bwin organised numerous online and offline poker events. One 鉂わ笍 of the biggest regular online poker tournaments was the ChampionChip. Special poker tournaments, like the Weekly Country Showdown or the 鉂わ笍 bwin Dailies, offered a huge range of tournaments adjusted to specific country regulations and buy-in levels. Periodically new types and 鉂わ笍 variations of Sit & Go tournaments were launched. Through several online qualifying events, a bwin user could qualify for offline 鉂わ笍 events like the World Series of Poker (WSOP), the Aussie Millions, and events on the World Poker Tour. For "poker 鉂わ笍 newbies", bwin offered a special route - the Rookie Challenge, where a new poker player had the chance to climb 鉂わ笍 up several stages for free to earn real money tickets.
In 2008, bwin provided the luxury villa on bwin PokerIsland[19] as 鉂わ笍 filming location for the music video of Lady Gaga's hit Poker Face. The video featured bwin branded poker equipment through 鉂わ笍 a product placement campaign.[20]
The company faced some opposition in Europe over its sponsorship of sports, especially football. In 2006, Bremen 鉂わ笍 banned its top football team, Sportverein Werder Bremen, from carrying the bwin logo on its shirts.[21] In November 2009, the 鉂わ笍 city acted further by moving against sport stores which sold shirts from other teams, such as Milan and Real Madrid.[citation 鉂わ笍 needed]
In 2024, bwin signed a three-year partnership with Italian football club Inter Milan becoming its first official betting partner.[22]
In 2024, 鉂わ笍 bwin became Valencia CF's main global sponsor. The three-year agreement was made official in July 2024.[23] As of 2024 the 鉂わ笍 agreement is in jeopardy with the Spanish government informing all La Liga clubs that betting sponsors will be banned from 鉂わ笍 the start of the 2024-22 season.[24]
In 2024, bwin announced a three-year partnership with the Belgian Pro League becoming the official 鉂わ笍 sports betting partner of Belgium's top tier football division.[25] The deal will also cover the Belgian First Division B and 鉂わ笍 Belgian Super Cup. bwin is able to broadcast live coverage of football matches to customers using both online and mobile 鉂わ笍 platforms as part of the agreement.
In April 2024, bwin signed a five-year partnership with Liga Portugal. As part of the 鉂わ笍 deal, the Primeira Liga, Portugal's top football division, will be called Liga Portugal Bwin from July 2024 onward.[26]
In August 2024, 鉂わ笍 bwin signed extended deals with German Bundesliga football clubs Borussia Dortmund, Union Berlin, and FC K枚ln, as well as 2. 鉂わ笍 Bundesliga clubs FC St. Pauli and Dynamo Dresden.[27] As part of the deal, bwin will serve as the exclusive sports 鉂わ笍 betting provider for each team. Each of the agreements will run from the 2024-22 season until the end of the 鉂わ笍 2024-24 season.
In September 2024, bwin signed a partnership with UEFA to become an Official Partner of the UEFA Europa League 鉂わ笍 and the UEFA Europa Conference League for the 2024鈥?4 seasons.[28]
Responsible Gaming [ edit ]
A dedicated Corporate Social Responsibility department of 鉂わ笍 the company was in charge of social responsibility. Protection of minors, protection against manipulation of bets, and the prevention of 鉂わ笍 gaming addiction were key aspects of the bwin CSRphilosophy. bwin supported research in this field in a joint project with 鉂わ笍 Harvard Medical School. bwin is a co-founder of the EGBA (European Gaming and Betting Association), where it lobbied for fair 鉂わ笍 competition within a regulated online gaming market. As founder and member of the ESSA (European Sports Security Association), bwin campaigned 鉂わ笍 against manipulation and fraud in the fields of sports and betting.[29]
Awards [ edit ]
At the annual EGR Awards organised by 鉂わ笍 eGaming Review magazine, bwin won the "Operator of the Year 2009" award.[30]
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