bwin is an online sports betting and casino brand founded in Austria in 1997 as betandwin, merged with PartyGaming in 2011 to form bwin.party, and owned by Entain since 2016. Licensed in Germany, Austria, Italy, Spain, France, Belgium, Greece, Romania, Brazil and other markets, it is Entain's principal brand in continental Europe, with long-standing football sponsorships including Real Madrid and Bayern Munich in earlier years and current partnerships across European leagues. It runs on Entain's platform from Gibraltar and Vienna.
Entain has disclosed two separate TR-1 notifications of major holdings through the London Stock Exchange's Regulatory News Service, signalling movement in the FTSE-listed operator's share register at a time of ongoing strategic repositioning.