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