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Company type | Subsidiary |
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Industry | Gambling, Bookmaking |
Founded | 1997 |
Successor | Bwin.Party Digital Entertainment |
Headquarters | Vienna, Austria |
Key people |
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Products | Sports betting, online gambling |
Revenue | €423.1 million (2009)[1] |
€48.9 million (2009)[1] | |
€46.3 million (2009)[1] | |
Number of employees | 1,570 (2009)[1] |
Parent | Entain |
Website | www |
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 provides 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 2016; GVC (rebranded as Entain in 2020) continues to use bwin as a brand.