28.06.2010
bwin on latest “trend” issue
Today, an article appeared in the Austrian monthly journal “trend”. The authors commented on bwins “plans to merge with a competitor”. In this context, the Chairman of the Supervisory Board Hannes Androsch is wrongly quoted as saying: “It is true, that talks with the English company ultimately did not lead to the desired outcome.” Hannes Androsch would like to clarify his statement as follows: “It is true, that up until now, talks have not lead to any specific outcome.”
As previously stated several times, bwin is currently holding talks with several potential partners in the online gaming sector on possible co-operations and/or acquisitions and will communicate any related agreement without delay. It is also correct that bwin, in the event that online gaming is regulated and liberalised in the US, is planning to enter the market together with a local partner and has already initiated talks to that effect. Hannes Androsch adds: “We are acting from a position of strength and are under no time pressure.”
About bwin
The bwin Group has over 20 million registered customers in more than 25 core markets. On a number of different platforms, the Group offers sports betting, poker, casino games, soft and skill games, as well as audio and video streams of top sporting events such as the German Soccer League. The holding company bwin Interactive Entertainment AG is listed in the ATX on the Vienna Stock Exchange (ID code BWIN, Reuters ID code BWIN.VI), and as the parent company provides various services such as software development, marketing, communications, human resources and finance for its subsidiaries and associated companies. The operational business of the bwin Group is carried out by subsidiaries and associated companies on the basis of licences (e.g. Germany, Italy and Gibraltar). Full details about the Company can be found on its investor relations website at www.bwin.org.