Jump to content

Betway: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous editNext edit →
Content deleted Content added
VisualWikitext
use sentence case for section headers
Line 12: Line 12:


==Overview==
==Overview==
Betway is a global online gambling company that operates across regulated online marketplaces. Launched in 2006 the brand holds licences in countries including [[United Kingdom|UK]], [[Malta]], [[Italy]], [[Denmark]], [[Spain]], [[Belgium]], [[Germany]], [[Sweden]], [[Mexico]], [[South Africa]], [[Portugal]], [[India]], [[Ireland]], [[Poland]],<ref>{{cite journal|date=20 October 2021|url=https://igamingbusiness.com/betway-receives-licences-in-poland-and-iowa/ |title=Betway receives licences in Poland and Iowa |journal=I Gaming Business |access-date=8 March 2022|url-status=live }}</ref> [[France]],<ref>{{cite journal|date=23 July 2021|url=https://igamingbusiness.com/betway-launches-france-facing-website-with-sportnco/ |title=Betway launches France-facing website with Sportnco |journal=I Gaming Business |access-date=8 March 2022|url-status=live }}</ref> [[Buenos Aires]]<ref>{{cite web|date=10 May 2022|url=https://sbcnews.co.uk/sportsbook/2022/05/09/buenos-aires-market-continues-to-expand-as-betway-gains-licence/|title= Buenos Aires market continues to expand as Betway gains licence|journal=SBC News|access-date=10 May 2022|url-status=live}}</ref> and 6 US States.<ref>{{cite journal|date=9 March 2022|url=https://www.gamingintelligence.com/markets/north-america/153684-betway-launches-sportsbook-in-arizona/ |title=Betway launches sportsbook in Arizona |journal=Gaming Intelligence |access-date=14 March 2022|url-status=live }}</ref> Betway Group is based in Malta and Guernsey, with support from London, Cape Town and the Isle of Man,<ref>{{cite web|url=http://betwaygroup.com/contact/|title=Contact - Betway|work=betwaygroup.com}}</ref> and is a member of the European Sports Security Association<ref>{{cite web|url=http://www.eu-ssa.org/|title=ESSA (Sports Betting Integrity)|website=www.eu-ssa.org}}</ref><ref>{{cite web|url=http://www.sbcnews.co.uk/sportsbook/2015/05/06/betway-gains-essa-membership/|title=Betway gains ESSA membership|author=Ted Menmuir|work=SBC News|date=6 May 2015}}</ref> the Independent Betting Adjudication Service,<ref>{{cite web|url=http://www.casinolifemagazine.com/news/betway-confirms-ibas-registration|title=Betway confirms IBAS Registration|work=casinolifemagazine.com|date=17 March 2015}}</ref> the Remote Gambling Association<ref>{{cite web|url=http://www.responsiblegamblingtrust.org.uk|title=GambleAware - Gamble Aware|website=www.responsiblegamblingtrust.org.uk}}</ref><ref>{{cite web|url=http://rga.eu.com.80bola.com/pages/en/members-of-the-rga.html |title=Members of the RGA|access-date=February 10, 2015 |url-status=dead |archive-url=https://web.archive.org/web/20150701200717/http://rga.eu.com.80bola.com/pages/en/members-of-the-rga.html |archive-date=July 1, 2015 }}</ref> and is accredited by international testing agency [[eCOGRA]].<ref>{{cite web|url=http://ecogra.org/srs/holders_safe_fair_seals.php|title=eCommerce and Online Gaming Regulation and Assurance - eCOGRA - Home|work=ecogra.org}}</ref> Betway Group has a partnership with the Professional Players Federation,<ref>{{cite web|url=http://www.ppf.org.uk|title=PPF – Professional Players Federation|website=www.ppf.org.uk}}</ref> which promotes, protects and develops the collective interests of professional sportspeople in the UK.<ref>{{cite web|url=http://www.sbcnews.co.uk/sportsbook/2015/06/09/betway-forms-partnership-professional-players-federation-ppf/|title=Betway forms partnership Professional Players Federation (PPF)|author=Ted Menmuir|work=SBC News|date=9 June 2015}}</ref> Betway is also a supporter of the Responsible Gambling Trust.<ref>{{cite web|url=http://www.responsiblegamblingtrust.org.uk/|title=GambleAware - Gamble Aware|website=www.responsiblegamblingtrust.org.uk}}</ref><ref>{{cite web|url=http://www.responsiblegamblingtrust.org.uk/2015-16-Supporters|title=Responsible Gambling Trust - Gambling Support - Gambling Problem|work=responsiblegamblingtrust.org.uk}}</ref>
Betway is a global online gambling company that operates across regulated online marketplaces. Launched in 2006 the brand holds licenses in countries including [[United Kingdom|UK]], [[Malta]], [[Italy]], [[Denmark]], [[Spain]], [[Belgium]], [[Germany]], [[Sweden]], [[Mexico]], [[South Africa]], [[Portugal]], [[India]], [[Ireland]], [[Poland]],<ref>{{cite journal|date=20 October 2021|url=https://igamingbusiness.com/betway-receives-licences-in-poland-and-iowa/ |title=Betway receives licences in Poland and Iowa |journal=I Gaming Business |access-date=8 March 2022|url-status=live }}</ref> [[France]],<ref>{{cite journal|date=23 July 2021|url=https://igamingbusiness.com/betway-launches-france-facing-website-with-sportnco/ |title=Betway launches France-facing website with Sportnco |journal=I Gaming Business |access-date=8 March 2022|url-status=live }}</ref> [[Buenos Aires]]<ref>{{cite web|date=10 May 2022|url=https://sbcnews.co.uk/sportsbook/2022/05/09/buenos-aires-market-continues-to-expand-as-betway-gains-licence/|title= Buenos Aires market continues to expand as Betway gains licence|journal=SBC News|access-date=10 May 2022|url-status=live}}</ref> and 6 US States.<ref>{{cite journal|date=9 March 2022|url=https://www.gamingintelligence.com/markets/north-america/153684-betway-launches-sportsbook-in-arizona/ |title=Betway launches sportsbook in Arizona |journal=Gaming Intelligence |access-date=14 March 2022|url-status=live }}</ref> Betway Group is based in Malta and Guernsey, with support from London, Cape Town and the Isle of Man,<ref>{{cite web|url=http://betwaygroup.com/contact/|title=Contact - Betway|work=betwaygroup.com}}</ref> and is a member of the European Sports Security Association<ref>{{cite web|url=http://www.eu-ssa.org/|title=ESSA (Sports Betting Integrity)|website=www.eu-ssa.org}}</ref><ref>{{cite web|url=http://www.sbcnews.co.uk/sportsbook/2015/05/06/betway-gains-essa-membership/|title=Betway gains ESSA membership|author=Ted Menmuir|work=SBC News|date=6 May 2015}}</ref> the Independent Betting Adjudication Service,<ref>{{cite web|url=http://www.casinolifemagazine.com/news/betway-confirms-ibas-registration|title=Betway confirms IBAS Registration|work=casinolifemagazine.com|date=17 March 2015}}</ref> the Remote Gambling Association<ref>{{cite web|url=http://www.responsiblegamblingtrust.org.uk|title=GambleAware - Gamble Aware|website=www.responsiblegamblingtrust.org.uk}}</ref><ref>{{cite web|url=http://rga.eu.com.80bola.com/pages/en/members-of-the-rga.html |title=Members of the RGA|access-date=February 10, 2015 |url-status=dead |archive-url=https://web.archive.org/web/20150701200717/http://rga.eu.com.80bola.com/pages/en/members-of-the-rga.html |archive-date=July 1, 2015 }}</ref> and is accredited by international testing agency [[eCOGRA]].<ref>{{cite web|url=http://ecogra.org/srs/holders_safe_fair_seals.php|title=eCommerce and Online Gaming Regulation and Assurance - eCOGRA - Home|work=ecogra.org}}</ref> Betway Group has a partnership with the Professional Players Federation,<ref>{{cite web|url=http://www.ppf.org.uk|title=PPF – Professional Players Federation|website=www.ppf.org.uk}}</ref> which promotes, protects and develops the collective interests of professional sportspeople in the UK.<ref>{{cite web|url=http://www.sbcnews.co.uk/sportsbook/2015/06/09/betway-forms-partnership-professional-players-federation-ppf/|title=Betway forms partnership Professional Players Federation (PPF)|author=Ted Menmuir|work=SBC News|date=9 June 2015}}</ref> Betway is also a supporter of the Responsible Gambling Trust.<ref>{{cite web|url=http://www.responsiblegamblingtrust.org.uk/|title=GambleAware - Gamble Aware|website=www.responsiblegamblingtrust.org.uk}}</ref><ref>{{cite web|url=http://www.responsiblegamblingtrust.org.uk/2015-16-Supporters|title=Responsible Gambling Trust - Gambling Support - Gambling Problem|work=responsiblegamblingtrust.org.uk}}</ref>


==Sponsorships and partnerships==
==Sponsorships and partnerships==
Betway has sponsored many sporting organisations, events, teams and athletes.
Betway has sponsored many sporting organizations, events, teams and athletes.


==World record jackpot==
==World record jackpot==


In October 2015, Betway paid out €17,879,645 ($20,062,600, £13,209,300) to Jon Heywood (UK) for hitting the jackpot on Microgaming's Mega Moolah slot while playing at Betway. This was verified by [[Guinness World Record]]s, at the time,<ref>{{Cite web|url=https://www.guinnessworldrecords.com/world-records/largest-jackpot-payout-in-an-online-slot-machine-game|title=Largest jackpots payout in an online slot machine game (nominal)|website=Guinness World Records}}</ref> as the largest ever jackpot payout in an online slot machine, subsequently surpassed in 2019.
In October 2015, Betway paid out €17,879,645 ($20,062,600; £13,209,300) to Jon Heywood (UK) for hitting the jackpot on Microgaming's Mega Moolah slot while playing at Betway. This was verified by [[Guinness World Record]]s, at the time,<ref>{{Cite web|url=https://www.guinnessworldrecords.com/world-records/largest-jackpot-payout-in-an-online-slot-machine-game|title=Largest jackpots payout in an online slot machine game (nominal)|website=Guinness World Records}}</ref> as the largest ever jackpot payout in an online slot machine, subsequently surpassed in 2019.
<!-- https://blog.betway.com/casino/british-soldier-how-my-life-changed-after-i-won-132m/-->
<!-- https://blog.betway.com/casino/british-soldier-how-my-life-changed-after-i-won-132m/-->


==Regulation and compliance==
==Regulation and compliance==
Betway is a member of the European Sports Security Association[2][3] the Independent Betting Adjudication Service,[4] the Remote Gambling Association[5][6] and is accredited by international testing agency eCOGRA.[7]
Betway is a member of the European Sports Security Association[2][3] the Independent Betting Adjudication Service,[4] the Remote Gambling Association[5][6] and is accredited by the international testing agency eCOGRA.[7]


Betway Group has a partnership with the Professional Players Federation,[8] which promotes, protects and develops the collective interests of professional sportspeople in the UK.[9] Betway is also a supporter of the Responsible Gambling Trust.[10][11]
Betway Group has a partnership with the Professional Players Federation,[8] which promotes, protects and develops the collective interests of professional sportspeople in the UK.[9] Betway is also a supporter of the Responsible Gambling Trust.[10][11]


Betway have been at the forefront of recent online gambling industry reforms. Betway also disbanded their 'VIP' department in 2019 following headlines surrounding the use of these departments to encourage high-rolling customers to continue using gambling products.
Betway has been at the forefront of recent online gambling industry reforms. Betway also disbanded their 'VIP' department in 2019 following headlines surrounding the use of these departments to encourage high-rolling customers to continue using gambling products.


In March 2020 Betway was fined a then record £11.6m for historical failings in customer protection and anti money laundering checks, allowing one customer to deposit over £8m and lose over £4m in a four-year period.<ref>{{Cite news|url=https://www.bbc.com/news/business-51850040|title=Record £11.6m penalty for gambling firm Betway|work=BBC News|date=March 12, 2020}}</ref>
In March 2020 Betway was fined a then record £11.6m for historical failings in customer protection and anti-money laundering checks, allowing one customer to deposit over £8m and lose over £4m in a four-year period.<ref>{{Cite news|url=https://www.bbc.com/news/business-51850040|title=Record £11.6m penalty for gambling firm Betway|work=BBC News|date=March 12, 2020}}</ref>


In June 2020 Betway announced that they would be the first betting company to ban player transfer and managerial job betting in football following high-profile cases that had linked the markets to manipulation and corruption across the industry.
In June 2020, Betway announced that they would be the first betting company to ban player transfer and managerial job betting in football, following high-profile cases that had linked the markets to manipulation and corruption across the industry.


In May 2022, Betway announced the company had secured access to the Buenos Aires betting and gaming sector, via its partnership with Bingo Pilar. Betway will offer its three core products of sports, casino and esports betting to the city of over three million via its website and app.<ref>{{cite web|date=10 May 2022|url=https://sbcnews.co.uk/sportsbook/2022/05/09/buenos-aires-market-continues-to-expand-as-betway-gains-licence/|title= Buenos Aires market continues to expand as Betway gains licence|journal=SBC News|access-date=10 May 2022|url-status=live}}</ref>
In May 2022, Betway announced the company had secured access to the Buenos Aires betting and gaming sector, via its partnership with Bingo Pilar. Betway will offer its three core products of sports, casino and esports betting to the city of over three million via its website and app.<ref>{{cite web|date=10 May 2022|url=https://sbcnews.co.uk/sportsbook/2022/05/09/buenos-aires-market-continues-to-expand-as-betway-gains-licence/|title= Buenos Aires market continues to expand as Betway gains licence|journal=SBC News|access-date=10 May 2022|url-status=live}}</ref>
Line 37: Line 37:
==Casino==
==Casino==


Betway Casino offers casino games provided by developers such as [[Microgaming]], NetEnt and Play'n GO. Super Group also owns Spin, a multi-brand online casino offering
Betway Casino offers casino games provided by developers such as [[Microgaming]], NetEnt and Play'n GO. Super Group also owns Spin, a multi-brand online casino offering.


==References==
==References==

Revision as of 02:58, 15 May 2022

Betway Group
Company typePrivate Company
IndustryGambling
Founded2006
ProductsSports betting
Esports betting
Casino
Websitebetway.com

Betway Group (commonly known as Betway) is a global online gambling company, owned by Super Group, with a number of products including Betway Sportsbook, Betway Casino, Betway Vegas and Betway Esports.

Overview

Betway is a global online gambling company that operates across regulated online marketplaces. Launched in 2006 the brand holds licenses in countries including UK, Malta, Italy, Denmark, Spain, Belgium, Germany, Sweden, Mexico, South Africa, Portugal, India, Ireland, Poland,[1] France,[2] Buenos Aires[3] and 6 US States.[4] Betway Group is based in Malta and Guernsey, with support from London, Cape Town and the Isle of Man,[5] and is a member of the European Sports Security Association[6][7] the Independent Betting Adjudication Service,[8] the Remote Gambling Association[9][10] and is accredited by international testing agency eCOGRA.[11] Betway Group has a partnership with the Professional Players Federation,[12] which promotes, protects and develops the collective interests of professional sportspeople in the UK.[13] Betway is also a supporter of the Responsible Gambling Trust.[14][15]

Sponsorships and partnerships

Betway has sponsored many sporting organizations, events, teams and athletes.

World record jackpot

In October 2015, Betway paid out €17,879,645 ($20,062,600; £13,209,300) to Jon Heywood (UK) for hitting the jackpot on Microgaming's Mega Moolah slot while playing at Betway. This was verified by Guinness World Records, at the time,[16] as the largest ever jackpot payout in an online slot machine, subsequently surpassed in 2019.

Regulation and compliance

Betway is a member of the European Sports Security Association[2][3] the Independent Betting Adjudication Service,[4] the Remote Gambling Association[5][6] and is accredited by the international testing agency eCOGRA.[7]

Betway Group has a partnership with the Professional Players Federation,[8] which promotes, protects and develops the collective interests of professional sportspeople in the UK.[9] Betway is also a supporter of the Responsible Gambling Trust.[10][11]

Betway has been at the forefront of recent online gambling industry reforms. Betway also disbanded their 'VIP' department in 2019 following headlines surrounding the use of these departments to encourage high-rolling customers to continue using gambling products.

In March 2020 Betway was fined a then record £11.6m for historical failings in customer protection and anti-money laundering checks, allowing one customer to deposit over £8m and lose over £4m in a four-year period.[17]

In June 2020, Betway announced that they would be the first betting company to ban player transfer and managerial job betting in football, following high-profile cases that had linked the markets to manipulation and corruption across the industry.

In May 2022, Betway announced the company had secured access to the Buenos Aires betting and gaming sector, via its partnership with Bingo Pilar. Betway will offer its three core products of sports, casino and esports betting to the city of over three million via its website and app.[18]

Casino

Betway Casino offers casino games provided by developers such as Microgaming, NetEnt and Play'n GO. Super Group also owns Spin, a multi-brand online casino offering.

References

  1. ^ "Betway receives licences in Poland and Iowa". I Gaming Business. 20 October 2021. Retrieved 8 March 2022.{{cite journal}}: CS1 maint: url-status (link)
  2. ^ "Betway launches France-facing website with Sportnco". I Gaming Business. 23 July 2021. Retrieved 8 March 2022.{{cite journal}}: CS1 maint: url-status (link)
  3. ^ "Buenos Aires market continues to expand as Betway gains licence". SBC News. 10 May 2022. Retrieved 10 May 2022.{{cite web}}: CS1 maint: url-status (link)
  4. ^ "Betway launches sportsbook in Arizona". Gaming Intelligence. 9 March 2022. Retrieved 14 March 2022.{{cite journal}}: CS1 maint: url-status (link)
  5. ^ "Contact - Betway". betwaygroup.com.
  6. ^ "ESSA (Sports Betting Integrity)". www.eu-ssa.org.
  7. ^ Ted Menmuir (6 May 2015). "Betway gains ESSA membership". SBC News.
  8. ^ "Betway confirms IBAS Registration". casinolifemagazine.com. 17 March 2015.
  9. ^ "GambleAware - Gamble Aware". www.responsiblegamblingtrust.org.uk.
  10. ^ "Members of the RGA". Archived from the original on July 1, 2015. Retrieved February 10, 2015.
  11. ^ "eCommerce and Online Gaming Regulation and Assurance - eCOGRA - Home". ecogra.org.
  12. ^ "PPF – Professional Players Federation". www.ppf.org.uk.
  13. ^ Ted Menmuir (9 June 2015). "Betway forms partnership Professional Players Federation (PPF)". SBC News.
  14. ^ "GambleAware - Gamble Aware". www.responsiblegamblingtrust.org.uk.
  15. ^ "Responsible Gambling Trust - Gambling Support - Gambling Problem". responsiblegamblingtrust.org.uk.
  16. ^ "Largest jackpots payout in an online slot machine game (nominal)". Guinness World Records.
  17. ^ "Record £11.6m penalty for gambling firm Betway". BBC News. March 12, 2020.
  18. ^ "Buenos Aires market continues to expand as Betway gains licence". SBC News. 10 May 2022. Retrieved 10 May 2022.{{cite web}}: CS1 maint: url-status (link)
Retrieved from "https://en.wikipedia.org/w/index.php?title=Betway&oldid=1087892100"