It was formed following the merger of Bwin Interactive Entertainment and PartyGaming.Both of these companies, both of which were publicly traded, each managed gaming sites that were among the very ppular on the web.
With this page, you’ll find information about the background of both Bwin and PartyGaming. We looked at how every company has started and how they grew to become major players in the business. We have also covered details check these steps of their merger.
Bwin was efficiently made in 1997, although it was originally called betandwin. It started out small, like many of those early gaming operators, with only 12 employees. 1 year after the business began, its first gaming site was launched. The focus at the time was online sports gambling, and that remains an integral portion of the company today.The following year they obtained another bookmaking firm, Simon Bold (Gibraltar).
Operations were transferred to Gibraltar, a place that was becoming ever more popular with online gaming businesses.
Another big movement in 2001 was that the addition of online casino games for their betting site. This is something that most gambling websites now offer and has had a massive impact on the prevalence of online betting.
Acquisitions were an significant part betandwin’s growth plan, and one of the most important was created in 2005.This came a little more than one year after betandwin had started to offer poker games on its own site for the very first time.
By 2006, the business felt that the name betandwin was no longer suitable. This was a gaming site that was about a lot more than just gambling, and therefore it had been decided a new name ought to be chosen. Because of this the Bwin brand was created, to reflect the assortment of gaming activities that the organization offered.
Other key moments in the history of Bwin comprise offering live streaming of important sports events (2007), the purchase of Italian poker website Gioco Digitale (2009), also becoming the first site to be offered a French gambling permit (2010).Through the years the organization has been quite active in sponsorships, setting their name into a range of athletic events and teams such as football giants Real Madrid and AC Milan.