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Austrian online betting brand

bwin Interactive Entertainment AG, formerly known as

Betandwin, is an Austrian online betting brand acquired by Entain ⚾️ PLC. The group

operated under international and regional licences in countries like Gibraltar, the

Amerindian reserve of Kahnawake (Canada), and ⚾️ Belize; and Germany, Italy, Mexico,

Croatia, Austria, France,[2] and the United Kingdom in Europe. Bwin offered sports

betting, poker, casino ⚾️ games, and soft and skill games, with most revenue coming from

poker and sports betting. bwin had over 20 million ⚾️ registered customers in more than 25

core markets. Competence centres were located in Vienna, Stockholm, and

Gibraltar.[3]

The company provided services ⚾️ for its subsidiaries such as marketing,

finance, and administration, corporate communications, controlling, and IT services.

All operational activities were managed ⚾️ by licensed subsidiaries. It was listed on the

Vienna Stock Exchange from March 2000 until the company's merger with PartyGaming ⚾️ plc

in March 2011, forming Bwin.Party Digital Entertainment. That company was purchased by

GVC Holdings in February 2024; GVC continues ⚾️ to use bwin as a brand.

History [ edit

]

Beginning with 12 employees in its founding in 1997, bwin was formerly ⚾️ known as

"betandwin" until 2006. The company launched its first online gambling site in 1998,

focusing on the growing sports ⚾️ betting market. One of the most important developments

in the company's history was the launch of its live betting product, ⚾️ developed

in-house, allowing players to place bets on sporting events while the actual event was

taking place. The firm's initial ⚾️ public offering at the Austrian Stock Exchange took

place in March 2000.

Betandwin acquired Simon Bold (Gibraltar) in June 2001 and ⚾️ changed

its name to bwin International Ltd. This relocation to Gibraltar was done to keep up

with the company's main ⚾️ competitors, who had already moved to the British Overseas

Territory.

By December 2001, betandwin was ready to step into the online ⚾️ casino gaming

market and did so by launching its first casino platform. Two years later, in July

2003, betandwin introduced ⚾️ and launched a soft games platform known as "Balls of

Fire".

In November 2004, betandwin launched multiplayer poker. In June 2005, ⚾️ the group

acquired betoto, a company which offers a fixed-odds betting service to punters around

the globe, in an effort ⚾️ to expand its presence in the Greek market.

In December 2005,

betandwin acquired Ongame e-Solutions AB, a move consistent with the ⚾️ group's strategy

to expand into the poker market. After the takeover, Ongame e-Solutions changed its

name to bwin Games. In ⚾️ 2005, betandwin acquired global media rights outside of Germany

to the Germany Football League.

In August 2006, betandwin launched the new ⚾️ bwin brand.

This was done after it was found that the betandwin brand, which was described as

"descriptive, high-grade and ⚾️ functional", was not suited anymore for the wide

assortment of entertainment offerings covered by the company, including sports betting,

poker, ⚾️ soft games, and casino games.

In 2007, bwin began to offer live streaming of

major sports events.

In September 2009, bwin announced ⚾️ the acquisition of Italian poker

operator Gioco Digitale, marking the company's entry into the Italian online gambling

market.[4][5]

Bwin is often ⚾️ confused with BetWinner, but they are different bookmakers,

with individual features and advantages.[6]

PartyGaming merger [ edit ]

On April 1,

2011, ⚾️ bwin and British gaming firm PartyGaming announced their merger. The new company

bwin.party became the world's largest publicly traded online ⚾️ gaming firm, 48.4% of

which was owned by existing PartyGaming shareholders and 51.6% by bwin shareholders.

The merged company was ⚾️ listed on the London Stock Exchange, with joint CEO's Norbert

Teufelberger and Jim Ryan.[7] After a takeover of bwin.party by ⚾️ British GVC Group, the

brand bwin continues to exist as customer brand in its portfolio.

Products [ edit ]

The

company's subsidiaries ⚾️ and affiliated companies offer sports betting, poker, casino

games, and soft games, as well as audio and video streams on ⚾️ sporting events, such as

the German Bundesliga. These are all provided via the Internet, and many are also

available via ⚾️ other digital distribution channels, such as mobile phone.

Sports Betting

[ edit ]

Sports bets are the core business at bwin. Today, ⚾️ the sports betting line-up

includes more than 90 different sports; the core area of customer interest is soccer.

Other sports ⚾️ include all popular ball-related sports, US sports, as well as all major

winter sports and motorsports ranging from Formula 1 ⚾️ to MotoGP. "Exotic" sports such as

Roller Hockey, Futsal, and Darts are also included in the daily line-up. Customers can

⚾️ also find odds on a range of events outside the area of sports. These include bets on

politics and entertainment, ⚾️ such as the Oscars, Talent Shows, the Eurovision Song

Contest, and "Miss" events.[8]

Poker [ edit ]

The following types of games ⚾️ are offered

at bwin Poker: Texas Hold'em, Omaha, Omaha Hi/Lo, Seven Card Stud, Seven Card Stud

Hi/Lo, and Five-card draw. ⚾️ In terms of stakes, users can choose between Fixed Limit,

Pot Limit, or No Limit tables. A "play money" version ⚾️ of the games is also available

for users to try for free. bwin offers poker tournaments, including Sit & Go,

⚾️ scheduled, and cash games (ring games). Sit & Go tournaments begin as soon as the table

is completely occupied. Scheduled ⚾️ tournaments begin at a specified time and allow for a

higher numbers of participants and the highest prize pools. In ⚾️ cash games the players

can join and leave at-will. bwin Poker can be played using the Mac OS X Poker ⚾️ Client,

the Windows Poker Client, the Java Poker Client, or the Mobile Poker Client. The Mac

and Windows versions offer ⚾️ an extensive selection of features such as statistics and a

mini-table function. The Java client is platform-agnostic and browser-based. The ⚾️ mobile

client allows customers to play cash games on their mobile phones.[9]

Casino Games [

edit ]

bwin offers more than 1000+ ⚾️ games, ranging from classics such as roulette or

blackjack to slot machines and casino tournaments. The casino has a longstanding

⚾️ tradition at bwin, but in 2001, it was introduced as a second product, in addition to

sports betting.[10]

Soft Games [ ⚾️ edit ]

bwin offers more than 60 games divided into the

categories of Fortune Games, Skill Games, Mini Games and "ParaDice", ⚾️ as well as

Backgammon. This is the product group with the biggest potential for innovation and

expansion in the market.[11]

bwin ⚾️ Games AB [ edit ]

bwin Games AB – founded in 1999 and

formerly known as Ongame e-solutions AB – became ⚾️ part of the bwin Group following its

acquisition, in March 2006, by bwin Interactive Entertainment AG.

Within the bwin

Group, bwin ⚾️ Games AB acts as the competence centre for poker and casino games,

developing products via digital distribution channels for bwin ⚾️ proprietarily owned

brands, such as PokerRoom, HoldemPoker, eCardroom, PokerGaming, Europoker, and the

Ongame Network partners.

PokerRoom was an online poker cardroom ⚾️ founded in 1999.

Licensed by the Kahnawake Gaming Commission, PokerRoom offered both play and real money

formats. Tournaments and ring ⚾️ games were available in both web-browser and download

client platforms, with support for both Macintosh and Linux. PokerRoom was one ⚾️ of the

first online poker sites to provide multi-language support, and catered to Danish,

German, Spanish, French, Italian, Russian, and ⚾️ Swedish speakers. These languages were

accessed via "regional sites", many of them showing local sponsorships for the selected

region.

Legal Issues ⚾️ [ edit ]

PokerRoom also maintains a play money only site,

PokerRoom.tv, that is advertised in Canada on the boards of ⚾️ National Hockey League

rinks, as well as on U.S. television networks like ABC.

Awards [ edit ]

PokerRoom has

won industry awards, ⚾️ such as "Poker Site of the Year" from the UK Gambling Awards in

2006 and "Top Poker Software" from the ⚾️ Online Gambling Magazine Awards in

2005.

Shutdown [ edit ]

After 10 years of operation, bwin announced the closure of

PokerRoom on ⚾️ April 14, 2009. Players with money still left in their accounts were

encouraged to transfer their balance and play at ⚾️ bwin.[12] However, PokerRoom players

with large "play money" accounts had to abandon those accounts when transferring to

bwin.

Legal Status [ ⚾️ edit ]

As the global legal framework for Internet gambling is a

complicated mix of laws and regulations, bwin's situation varies ⚾️ depending on the

country concerned. For several years now, the United Kingdom and Italy have been

examples of countries that ⚾️ have regulated their online gaming markets to the advantage

of all stakeholders. Just recently, Italy extended its online licenses to ⚾️ include poker

tournaments, and countries like France, Spain, and Denmark announced their intention to

permit private operators access to their ⚾️ markets under stringent conditions and

controls. Other countries, on the other hand, are still pursuing a policy of

maintaining a ⚾️ state monopoly of internet gaming, or even a complete ban.

On 15

September 2006, Norbert Teufelberger and Manfred Bodner were arrested[13] ⚾️ at a press

conference in La Turbie, France, due to offenses against the French gambling laws.

After an investigation the ⚾️ judge released them on the evening of September 18,

2006.

Due to the enactment of the Safe Port Act, bwin stopped ⚾️ taking bets from United

States-based players in October 2006.[14] The offerings became available again upon

regulation of the markets. In ⚾️ the States where regulation is in place, the same product

line offered through bwin is available through BetMGM, the joint ⚾️ venture of bwin's

parent company Entain PLC's with MGM Resorts International.

On 6 March 2007, the

European Court of Justice struck ⚾️ down Italian national gambling restrictions in the

Placanica case.[15]

The EFTA Court held hearings in January 2007 to decide on the

⚾️ admissibility of a state monopoly for betting and gaming according to European Law. The

decision of the EFTA Court will ⚾️ be made on 14 March 2007.[citation needed]

In February

2024, bwin ended its operations in Russia. An agreement was made with ⚾️ Parimatch

enabling customers to transfer platforms along with their funds.[16]

bwin sponsored

football giant Real Madrid from 2007 to 2013 and ⚾️ they were also a premium partner of FC

Bayern Munich. In October 2010, bwin announced a sponsorship for the upcoming ⚾️ three

football seasons in which they would be the title sponsor of the Portuguese League Cup

(renamed the "bwin Cup").[17] ⚾️ In July 2010, bwin signed a two-year sponsorship deal

with Italy's second tier, Serie B. Additionally, bwin cooperates with the ⚾️ International

Basketball Association (FIBA) and has been sponsoring the European and World Basketball

Championships since 2006. In the area of ⚾️ motorsport, the company is one of the main

sponsors of the MotoGP series. In 2010, bwin became the title sponsor ⚾️ of the races in

Jerez and Estoril and official partner of the GP in Brno, Misano, Mugello. In the past,

⚾️ many other popular events across international and local sports were supported by bwin.

bwin also lent its name to the ⚾️ Primeira Liga (bwinLIGA), sponsored Italian football

club Milan from 2006 to 2010, and has also been a partner to popular ⚾️ football clubs,

such as Real Madrid, Juventus and Werder Bremen.[18]

In addition, bwin organised

numerous online and offline poker events. One ⚾️ of the biggest regular online poker

tournaments was the ChampionChip. Special poker tournaments, like the Weekly Country

Showdown or the ⚾️ bwin Dailies, offered a huge range of tournaments adjusted to specific

country regulations and buy-in levels. Periodically new types and ⚾️ variations of Sit &

Go tournaments were launched. Through several online qualifying events, a bwin user

could qualify for offline ⚾️ events like the World Series of Poker (WSOP), the Aussie

Millions, and events on the World Poker Tour. For "poker ⚾️ newbies", bwin offered a

special route - the Rookie Challenge, where a new poker player had the chance to climb

⚾️ up several stages for free to earn real money tickets.

In 2008, bwin provided the

luxury villa on bwin PokerIsland[19] as ⚾️ filming location for the music video of Lady

Gaga's hit Poker Face. The video featured bwin branded poker equipment through ⚾️ a

product placement campaign.[20]

The company faced some opposition in Europe over its

sponsorship of sports, especially football. In 2006, Bremen ⚾️ banned its top football

team, Sportverein Werder Bremen, from carrying the bwin logo on its shirts.[21] In

November 2009, the ⚾️ city acted further by moving against sport stores which sold shirts

from other teams, such as Milan and Real Madrid.[citation ⚾️ needed]

In 2024, bwin signed

a three-year partnership with Italian football club Inter Milan becoming its first

official betting partner.[22]

In 2024, ⚾️ bwin became Valencia CF's main global sponsor.

The three-year agreement was made official in July 2024.[23] As of 2024 the ⚾️ agreement

is in jeopardy with the Spanish government informing all La Liga clubs that betting

sponsors will be banned from ⚾️ the start of the 2024-22 season.[24]

In 2024, bwin

announced a three-year partnership with the Belgian Pro League becoming the official

⚾️ sports betting partner of Belgium's top tier football division.[25] The deal will also

cover the Belgian First Division B and ⚾️ Belgian Super Cup. bwin is able to broadcast

live coverage of football matches to customers using both online and mobile ⚾️ platforms

as part of the agreement.

In April 2024, bwin signed a five-year partnership with Liga

Portugal. As part of the ⚾️ deal, the Primeira Liga, Portugal's top football division,

will be called Liga Portugal Bwin from July 2024 onward.[26]

In August 2024, ⚾️ bwin

signed extended deals with German Bundesliga football clubs Borussia Dortmund, Union

Berlin, and FC Köln, as well as 2. ⚾️ Bundesliga clubs FC St. Pauli and Dynamo

Dresden.[27] As part of the deal, bwin will serve as the exclusive sports ⚾️ betting

provider for each team. Each of the agreements will run from the 2024-22 season until

the end of the ⚾️ 2024-24 season.

In September 2024, bwin signed a partnership with UEFA

to become an Official Partner of the UEFA Europa League ⚾️ and the UEFA Europa Conference

League for the 2024–24 seasons.[28]

Responsible Gaming [ edit ]

A dedicated Corporate

Social Responsibility department of ⚾️ the company was in charge of social responsibility.

Protection of minors, protection against manipulation of bets, and the prevention of

⚾️ gaming addiction were key aspects of the bwin CSRphilosophy. bwin supported research in

this field in a joint project with ⚾️ Harvard Medical School. bwin is a co-founder of the

EGBA (European Gaming and Betting Association), where it lobbied for fair ⚾️ competition

within a regulated online gaming market. As founder and member of the ESSA (European

Sports Security Association), bwin campaigned ⚾️ against manipulation and fraud in the

fields of sports and betting.[29]

Awards [ edit ]

At the annual EGR Awards organised by

⚾️ eGaming Review magazine, bwin won the "Operator of the Year 2009" award.[30]

vocational rehabilitation success stories.

Withdrawal method	Min withdrawal amount	Max withdrawal amount
Indian banks	1000 INR	50.000 INR
Visa	735 INR	73.850 INR
Perfect Money	400 INR	738.500 INR
IMPS	2000 INR	90.000 INR