Interwetten

Interwetten Ltd.

Industry	Gambling
Founded	1990
Headquarters	Gżira, Malta
Products	Sports betting, Online games, Online casino
Revenue	€ 700 million (2013) [1]
Number of employees	approx. 100

Interwetten was founded in 1990. It operates in the field of online entertainment, offering its customers sports betting, live betting, a casino, a live casino, and games.

In 1997, Interwetten became the second company in the world, after Intertops, to also offer sports betting online. Today, the company is based in Malta.

The online entertainment platform is currently available in ten languages, and is visited in more than 200 countries around the world. The company is particularly well known in German-speaking countries and southern Europe for its sports betting offer.^{[ citation needed ]} In 2012, Interwetten users placed bets on more than 100,000 different sports events held in over 70 countries.^{[ citation needed ]}

Interwetten was a founding member of the non-profit organisation European Gaming & Betting Association (EGBA). It is also a member of the European Sports Security Association (ESSA), which was established in 2005. ^{[2] [3]}

Licences

Interwetten Gaming Ltd. in Malta holds licenses to operate various online gambling services, including sports betting, online games, and a casino. These licenses authorize and regulate the company's activities in the specified areas of the online gaming industry.

On 1 June 2012, Interwetten España Plc. was officially licensed by Spanish regulatory authority DGOJ, and since then it has been online in Spain with a sports betting and casino game portfolio. ^[4]

Since December 2012, Interwetten Gaming Ltd. has been authorised to offer sports betting in Schleswig-Holstein. Authorisation for casino games was granted by the Ministry of the Interior of Schleswig-Holstein in January 2013. ^[5]

Interwetten Gaming Ltd. expanded into Africa for the first time in March 2020 by acquiring a Nigerian betting license from the National Lottery Regulatory Commission. To strengthen their visibility and gain further traction in the market, Interwetten recently signed the Nigerian footballer Yakubu Ayegbeni as their official Nigeria ambassador. ^[6]

Company history

Interwetten was founded in September 1990 in Vienna, Austria. Between 1990 and 1997, the company exclusively offered sports betting, with customers placing their bets via telephone. In 1997, Interwetten took its business online, and in 2004, a casino area was added to the product portfolio. In June 2006, Interwetten launched a Skill Games platform. ^[7]

Product portfolio

Sports betting

Interwetten has been providing sports betting services since 1990, establishing itself as a pioneer in the industry. The online platform was introduced in 1997, further contributing to the company's status as a trailblazer in the field. Since the launch of its website, Interwetten has experienced substantial growth in its customer base, expanding consistently year after year. ^[7]

Casino

Customers have been able to visit Interwetten's online casino since July 2004. The casino games, which are particularly popular among female customers, include classics such as Roulette and Blackjack.^{[ citation needed ]} The live casino offer is also very popular among the casino's visitors.^{[ citation needed ]}

Online games

In 2006, Interwetten expanded its product portfolio by introducing a skill games platform. This platform includes games designed to test the player's skill and aptitude, offering a diverse range of challenges within the company's offerings. Among these products are also particular games such as "Schnapsen", which is not widely available as an online game.

Mobile platform

Sports betting

In 2004, Interwetten led the way in making its betting offer available on mobile devices. The betting offer is optimized for Android mobile phones, the iPhone and iPad, and Windows Phones.^{[ citation needed ]} Customers have the opportunity to also place combination and system bets while on the move. Handy shortcuts make placing bets easy. The "Today" shortcut, for example, shows the user the betting programme over the next 24 hours.^{[ citation needed ]}

Casino and Live Casino

Interwetten offers its customers access to the online casino in a format designed especially for tablets and smartphones. The Interwetten Live Casino, featuring Roulette, Black Jack, and Casino Hold’em, is also available for tablet users.

Sponsorship

The company acts as a sponsor of various sports events and clubs, as well as charities and social projects. ^[8]

References

1. "Interwetten quadruplicates net profits in spite of challenging business enviroment[sic]". Archived from the original on 3 March 2016. Retrieved 31 January 2014.
2. "Interwetten Review" . Retrieved 2014-01-05.
3. "Interwetten chooses BMIT for best-in-class service and support" . Retrieved 5 January 2014.
4. "Interwetten goes live in Spain". Archived from the original on 1 February 2014. Retrieved 10 January 2014.
5. "Interwetten - Terms and conditions" . Retrieved 10 January 2014.
6. H., Peter (Aug 4, 2020). "Yakubu Signs as Interwetten's Official Nigeria Ambassador".
7. "Interwetten - Company Profile". Archived from the original on 3 February 2014. Retrieved 13 February 2014.
8. "About Interwetten - Sponsoring overview" . Retrieved 12 February 2014.

External links

• Official website