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An Austrian-founded online gambling brand specializing in sports betting, casino gaming and online poker.

Last updated August 26, 2026

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Overview

Bwin is an Austrian-founded online gambling brand whose principal activities are sports betting, online casino gaming and online poker. It originated as Betandwin in the late 1990s, when founders Norbert Teufelberger and Manfred Bodner built an internet betting business around the expanding European market for online sports wagering. The company launched its betting website in 1998 and became one of the earlier large-scale European operators to combine fixed-odds sports betting with casino, poker and other interactive gaming products. The business expanded through a mixture of organic product development and acquisitions. It added an online casino in 2001, introduced a soft-games offering in 2003 and launched multiplayer poker in 2004. Acquisitions including betoto.com and Ongame e-solutions broadened its betting and poker capabilities. Ongame became associated with Bwin Games, while the Ongame network also supported poker services connected with PokerRoom.com. In 2006, Betandwin adopted the shorter Bwin brand name, helping establish a more internationally usable consumer identity. The original company was listed on the Vienna Stock Exchange in 2000. Its most consequential corporate event came in 2011, when Bwin merged with PartyGaming to create Bwin.Party Digital Entertainment. The combined company was listed in London and operated a portfolio of online betting and gaming brands. GVC Holdings acquired bwin.party in 2016, after which Bwin continued as a consumer-facing brand within GVC's enlarged gambling portfolio. GVC changed its corporate name to Entain in 2020, and Bwin remains one of Entain's brands. Bwin's proposition is built around a broad digital wagering ecosystem rather than a single product. Sports betting remains its central category, covering football and other sports, live and pre-match betting, and markets offered according to local licensing rules. Casino services include digital casino games, while poker is offered in jurisdictions where the relevant Entain operating companies hold the necessary permissions. Product availability, payment methods, advertising and promotional activity differ by country because Bwin operates through regulated entities and local regulatory frameworks. The brand has had a substantial presence in European football sponsorship. It sponsored Real Madrid's shirts from 2007 to 2013 and has been associated with clubs and competitions including AC Milan, Juventus, Bayern Munich, Werder Bremen, Inter Milan, Valencia, the Portuguese League Cup, Serie A-related football and Liga Portugal. It also held partnerships with the Belgian Pro League and UEFA's Europa League and Europa Conference League for the 2021–24 seasons. These relationships helped Bwin link its name with mainstream European football, although gambling advertising restrictions have periodically limited or altered sponsorship arrangements. Bwin has also faced the legal and regulatory pressures typical of a cross-border online gambling operator. Senior executives were detained in France in 2006 in connection with alleged breaches of French gambling law and later released. Following United States legislation in 2006, the company stopped accepting bets from US customers. It exited Russia in 2021, and Entain obtained German online gaming and poker licences covering Bwin and other brands in 2022. Today, Bwin is best understood as an international consumer brand within Entain's regulated betting and gaming portfolio, with its geographic reach and product mix determined by local licences and responsible-gambling requirements.

History

Bwin traces its origins to 1997, when Norbert Teufelberger and Manfred Bodner founded the business then known as Betandwin. The company launched an online gambling website in 1998, initially concentrating on sports betting as internet access and digital payments began to create a viable market for remote wagering. It was listed on the Vienna Stock Exchange in March 2000, an early indication of the scale and capital ambitions of the business. Expansion followed across products and jurisdictions. In 2001, the company acquired Simon Bold in Gibraltar and later operated through Bwin International Ltd. It launched an online casino platform in the same year, added a soft-games platform in 2003 and introduced multiplayer poker in 2004. The 2005 acquisition of betoto.com expanded its fixed-odds betting interests. Betandwin also acquired Ongame e-solutions AB in 2005; the acquired business was subsequently renamed Bwin Games and became an important part of the group’s poker and gaming infrastructure. In 2006, the corporate and consumer-facing identity was consolidated under the Bwin name. The company’s international growth encountered regulatory friction. In September 2006, co-chief executives Teufelberger and Bodner were detained in France in relation to alleged violations of French gambling law, although they were later released. After the United States enacted the SAFE Port Act in 2006, Bwin ceased accepting bets from US customers. These events illustrated the difficulty of operating a digital gambling business across jurisdictions where national authorities applied different rules to online betting, advertising and licensing. Bwin also developed a visible presence through football sponsorship. The brand sponsored Real Madrid’s shirts between 2007 and 2013 and maintained relationships with other prominent clubs and competitions, including AC Milan, Juventus, Bayern Munich, Werder Bremen, Inter Milan, Valencia and Portuguese football. In 2006, authorities in Bremen prohibited Werder Bremen from displaying Bwin’s logo on shirts because of restrictions on online betting advertising. Later sponsorship activity continued to be shaped by national limits on gambling marketing, including Spanish restrictions affecting betting-related shirt sponsorship from the 2021–22 season. In 2011, Bwin and PartyGaming completed a merger that formed Bwin.Party Digital Entertainment. Bwin shareholders held 51.6 percent of the combined company and PartyGaming shareholders held 48.4 percent. The merged business was listed in London and operated multiple betting, casino and poker brands. GVC Holdings acquired bwin.party in 2016, retaining Bwin as a prominent consumer brand while integrating it into a larger online gambling group. GVC changed its name to Entain in 2020, and Bwin subsequently remained part of Entain’s international brand portfolio. The modern Bwin offering is delivered through Entain operating companies in regulated markets. Sports betting remains the core category, supplemented by online casino games and poker where local licences permit. The business ended Russian operations in 2021 and transferred its player base to Parimatch Russia. In 2022, Entain obtained German online gaming and poker licences covering Bwin and other brands. Bwin’s present identity therefore combines a long-established European consumer name with a licensing model in which product availability, market access and promotional activity vary according to local regulation.

  • 2022

    German gaming and poker licences obtained

    [1]

    Entain obtained German licences covering Bwin online gaming and poker services.

  • 2020

    GVC Holdings becomes Entain

    [1]

    GVC Holdings changed its corporate name to Entain.

  • 2016

    Acquisition by GVC Holdings

    [1]

    GVC Holdings acquired bwin.party, placing Bwin within its brand portfolio.

  • 2011

    Merger with PartyGaming

    [1]

    The completed merger created Bwin.Party Digital Entertainment.

  • 2006

    Betandwin renamed Bwin

    [1]

    The consumer and corporate brand was changed from Betandwin to Bwin.

  • 2005

    Betoto.com and Ongame acquired

    [1]

    Acquisitions expanded the company’s fixed-odds betting and poker technology capabilities.

  • 2004

    Multiplayer poker introduced

    [1]

    Betandwin added multiplayer poker to its online gaming offer.

  • 2001

    Casino expansion and Gibraltar acquisition

    [1]

    The company acquired Simon Bold in Gibraltar and launched an online casino platform.

  • 2000

    Vienna Stock Exchange listing

    [1]

    Betandwin was listed on the Vienna Stock Exchange.

  • 1998

    Online betting site launched

    [1]

    The company launched its online gambling website with an initial focus on sports betting.

Products and positioning

A broad, digitally delivered sports betting and online gaming brand with strong European football associations and market-by-market regulated distribution.

  • Sports betting · 1998

    Bwin Sports Betting

    Bwin’s principal consumer offering provides pre-match and, where licensed, live sports betting. Football has been especially important to the brand’s identity and sponsorship strategy, although the precise sports, markets, bet types, payment methods and promotional terms vary by jurisdiction. Services are supplied through Entain operating companies under local regulatory permissions.

  • Online casino · 2001

    Bwin Online Casino

    Bwin’s casino proposition includes digitally delivered casino games in markets where the relevant Entain entity is licensed. The category was added to the original betting business in 2001 and complements sports wagering with a broader online gaming offer. Availability and game selection are market-specific.

  • Online poker · 2004

    Bwin Poker

    Bwin offers online poker in jurisdictions where Entain operating companies hold appropriate licences. Historical client features included desktop and browser-based play, statistics and mobile access to cash games. Bwin’s poker activity developed through the company’s expansion into multiplayer poker and its acquisition of Ongame e-solutions.

  • Gaming technology and poker network · 2005

    Bwin Games

    Bwin Games was the name associated with Ongame e-solutions AB after Betandwin acquired the business. It represented the group’s involvement in poker-network and online gaming infrastructure rather than a standalone consumer category comparable to Bwin’s sportsbook or casino.

Controversies

  • 2006

    French gambling-law detention

    Bwin co-chief executives Norbert Teufelberger and Manfred Bodner were detained in France in connection with alleged breaches of French gambling law and were later released.

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Marketing campaigns

  • 2021Liga Portugal title sponsorship

    Portugal

    Bwin became the title sponsor of Liga Portugal, associating its name with the Portuguese top-flight competition.

    Outcome. Betclic replaced Bwin as title sponsor from the 2023–24 season.

  • 2021UEFA Europa League and Conference League partnership

    Europe

    Bwin became an official partner of the UEFA Europa League and UEFA Europa Conference League for the 2021–24 seasons.

    Outcome. Partnership covered the 2021–24 seasons.

  • 2020Belgian Pro League partnership

    Belgium

    Bwin entered a three-year sports-betting partnership with the Belgian Pro League.

    Outcome. Three-year partnership.

  • 2019Valencia global sponsorship

    Spain · International football markets

    Bwin became Valencia CF’s main global sponsor under a three-year agreement.

    Outcome. Later affected by Spanish restrictions on gambling sponsorship.

  • 2017Inter Milan partnership

    Italy · International football markets

    Bwin entered a three-year sports-betting partnership with Inter Milan.

    Outcome. Three-year partnership announced.

  • 2007Real Madrid shirt sponsorship

    Spain · International football markets

    Bwin sponsored Real Madrid’s shirts from 2007 to 2013, giving the brand prominent international visibility through one of Europe’s best-known football clubs.

    Outcome. Partnership ended in 2013.

Brand decisions

  • 2022

    German online gaming and poker licensingOther

    Background

    Germany introduced a licensing framework for online gaming and poker.

    Action taken

    Entain obtained licences covering Bwin online gaming and poker services.

    Aftermath

    Bwin could offer the covered services in Germany through Entain’s licensed operating structure.

  • 2021

    Exit from RussiaStrategy

    Background

    Bwin reassessed its Russian operations within a changing regulatory and market environment.

    Action taken

    Bwin ended its Russian operations and transferred its player base to Parimatch Russia.

    Aftermath

    Russia ceased to be an operating market for the Bwin brand.

  • 2016

    Acquisition by GVC HoldingsM&A

    Background

    GVC Holdings pursued the acquisition of bwin.party to expand its online gambling portfolio.

    Action taken

    GVC Holdings acquired bwin.party.

    Aftermath

    Bwin continued as a consumer brand under GVC and later under Entain.

  • 2011

    Merger with PartyGamingM&A

    Background

    Both companies sought greater scale across online betting, casino and poker.

    Action taken

    Bwin merged with PartyGaming to form Bwin.Party Digital Entertainment.

    Aftermath

    Bwin became a major brand within the combined company, which was listed on the London Stock Exchange.

  • 2006

    Withdrawal from US bettingStrategy

    Background

    US legislation created significant legal uncertainty and restrictions for offshore online gambling operators.

    Action taken

    Bwin stopped accepting bets from customers in the United States.

    Aftermath

    The decision removed the US from Bwin’s active customer market and reinforced the importance of regulated jurisdictional operations.

Recent events

  • Reported

    Inspired launches Virtual Sports across GVC online brands[3]

    Inspired Entertainment announced a contract with GVC to provide Inspired Virtual Sports across ten GVC websites. Six channels of Virtuals had been launched on GVC websites.

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Sources3 sources

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