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History

History [edit]bwin[edit]bwin – known as betandwin from its founding until 2006 – began life with 12 employees in 1997. The company launched its first online gambling site a year later, focusing on the growing sports betting market. Its live bet product, developed in-house, allows players to bet on sporting events while the event is underway. The firm's initial public offering at the Vienna Stock Exchange took place in March 2000. In June 2001, betandwin acquired Simon Bold

(Gibraltar),

(Gibraltar), which is now known as bwin International Ltd., essentially moving its operations to Gibraltar. The move followed that of some of the company's largest rivals to that country. In December 2001, betandwin launched its first online casino platform. Two years later, in July 2003, betandwin introduced a soft games platform known as Balls of Fire. In November 2004, betandwin launched multiplayer poker. The group acquired betoto.com to expand its presence in the

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