Interwetten Posts Record Trading Update

This story was published more than 4 years ago.

Casino gaming group Interwetten has announced that 2019 was a record-setting year for the group, as gross gaming revenues rose 25% for the period.

Gross gaming revenues were €99.5 million, and turnover was up 30% to €2 billion. The results are considered to be impressive, as they're all-time highs for the company, and even more impressive when you consider that there were no major football tournaments in 2019. Interwetten launched several ad campaigns throughout Germany, Spain, Greece, and Austria, and it appears that the spots have been successful in drawing in new customers.

Speaking about the results Interwetten CEO Dominik Beier said, "This great year 2019 is the result of fantastic teamwork and achievements across all company divisions. A record result, without a European or World Cup and in view of the major regulatory challenges, is absolutely extraordinary.

"Our size and structure enables us to work flexibly and quickly. For us, it is now important to continue to go full power. 2020 is a very important year, which will be marked by the product offensive, the European Football Championship and expansion into new, regulated, markets."

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About the author

Therese Williams // UK Correspondent
Therese Williams
Therese is a fervent fan of slot machines and pub fruities, often trying her luck at some of the top online casinos. She covers news for Casino Listings with a focus on the UK and Europe. Therese studied arts and creative writing at university and has written for newspapers in the UK.
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10 February 2020 - 4:59pm

Apparently they've changed or improved something in the way they operate or advertising their business cause Interwetten is one of the really old brands but never been one of the most impressive one to be honest...but seems like they improving now more than ever before.