Interwetten

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Interwetten Ltd.
IndustryGambling
Founded1990
HeadquartersGżira, Malta
ProductsSports betting, Online games, Online casino
Revenue€ 700 million (2013)[1]
Number of employees
approx. 100

Interwetten was founded in 1990. It operates in the online entertainment branch, 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. Therefore, the company can be seen as one of the pioneers in the branch of online entertainment. Today, the company is based in Malta.

The online entertainment platform is currently available in ten languages, and is visited by Interwetten customers 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 customers 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[edit]

Interwetten Gaming Ltd. in Malta holds licences to operate sports betting, games, and a casino online.

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[edit]

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[edit]

Sports betting[edit]

Interwetten has been offering sports betting since 1990. This has been available online since 1997. Interwetten can be seen as one of the pioneers of the branch. Since the launch of the website, the company’s customer base has grown significantly year by year.[7]

Casino[edit]

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[edit]

The skill games platform, featuring games that test the player’s skill and aptitude, was added to the company’s product portfolio in 2006. Among these products are also particular games such as "Schnapsen", which is not widely available as an online game.

Mobile platform[edit]

Sports betting[edit]

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[edit]

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[edit]

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

References[edit]

  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".{{cite web}}: CS1 maint: url-status (link)
  7. ^ a b "Interwetten - Company Profile". Archived from the original on 3 February 2014. Retrieved 13 February 2014.
  8. ^ "About Interwetten - Sponsoring overview". Retrieved 12 February 2014.