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.
Further Information
Press:
Karin Klein, Corporate Communications
bwin Interactive Entertainment AG
Borsegasse 11, 1010 Vienna, Austria
Tel.: +43-(0)50-858-20008
E-mail: press {at} bwin(.)org
http://www.bwin.ag
Investors:
Konrad Sveceny, Investor Relations
bwin Interactive Entertainment AG
Borsegasse 11, 1010 Vienna, Austria
Tel.: +43-(0)50-858-20017
E-mail: investorrelations {at} bwin(.)ag
http://www.bwin.ag
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