LOOKING ahead into the future, bwin.party is planning to branch out into the social sector. After the company’s financial results for 2011 were released, co-CEOs Jim Ryan and Norbert Teufelberger said: “As integration projects are completed, we are channelling more resources into driving innovation across the business and through new channels including our proprietary mobile gaming platform. We are also extending our reach into new areas of digital entertainment such as social gaming, where we see significant potential.”
bwin.party reported a 0.2 per cent increase in total revenues to €816m for the year ended December 31, 2011, and it remains “on track to deliver approximately €40m of synergies this year and €65m in 2013.”
They continued: “We have secured strong business partners in the US ahead of any regulation there and have also applied for a licence in Spain, which is expected to regulate in the second quarter of this year. In Germany, we have applied for a gaming licence in Schleswig-Holstein, the only EU-compliant licensing regime available.”
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