Ad-hoc Release
02/03/2007
Regulatory developments in Turkey
On the basis of a law passed by the Turkish government on 28 February 2007, bwin has decided to temporarily withdraw its range of online gaming products from Turkey. Although on the one hand, the new law prohibits online games of chance, on the other it also provides for the possibility of acquiring a licence at a later date. bwin generates about six per cent of its gross gaming revenues in Turkey.
The Company is confident that it will be able to offer licensed online gaming products in Turkey again in the future, and will therefore be endeavouring to acquire a licence. This presupposes that the authorities will make use of the possibility of issuing licences for online games of chance as provided for by the law, thus implementing an up-to-date regulation to the benefit of all concerned.
The bwin Group has over 10 million registered customers (including 7 million play money customers) in over 20 core target markets. Operating under international and regional licences in countries like Gibraltar, Kahnawake (Canada), Belize and Germany, Italy, Mexico, Austria and the United Kingdom, the Group has set itself the goal of becoming the number one address for sports betting, games and entertainment via digital distribution channels. The Group offers sports betting, poker, casino games, soft and skill games, as well as audio and video streams on top sporting events such as the German Bundesliga. The parent company bwin Interactive Entertainment AG has been listed on the Vienna Stock Exchange since March 2000 (ID code BWIN, Reuters ID code BWIN.VI). Further information about the Company can be found on its investor relations website at
www.bwin.ag.
Further information
Press:
Karin Klein, Corporate Communications
bwin Interactive Entertainment AG
Börsegasse 11, 1010 Vienna, Austria
Tel.: +43 (0)50 858-20008
E-mail:
press@bwin.org
www.bwin.ag
Investors:
Konrad Sveceny, Investor Relations
bwin Interactive Entertainment AG
Börsegasse 11, 1010 Vienna, Austria
Tel.: +43 (0)50 858-20017
E-mail:
investorrelations@bwin.ag
www.bwin.ag
