who owns betway

Betway is a well-known online gambling brand that offers a wide range of sports betting, casino games, and other entertainment options. The company has gained significant popularity due to its user-friendly platform, extensive betting options, and competitive odds. But who exactly owns Betway? Let’s delve into the ownership structure and history of this prominent gambling entity. The Betway Group Betway is owned by The Betway Group, a global online gambling company. The Betway Group is headquartered in Malta and operates in various regulated markets worldwide.

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who owns betway

Betway is a well-known online gambling brand that offers a wide range of sports betting, casino games, and other entertainment options. The company has gained significant popularity due to its user-friendly platform, extensive betting options, and competitive odds. But who exactly owns Betway? Let’s delve into the ownership structure and history of this prominent gambling entity.

The Betway Group

Betway is owned by The Betway Group, a global online gambling company. The Betway Group is headquartered in Malta and operates in various regulated markets worldwide. The company is known for its commitment to providing a safe and enjoyable gambling experience for its users.

Key Figures Behind The Betway Group

1. Paul Higgins

• Role: Co-Founder and Director
• Background: Paul Higgins is one of the key figures behind the establishment of Betway. He has been instrumental in the company’s growth and strategic direction.

2. Richard Akitt

• Role: Co-Founder and Director
• Background: Alongside Paul Higgins, Richard Akitt co-founded Betway and has played a crucial role in its development and expansion.

3. Anthony Werkman

• Role: CEO
• Background: Anthony Werkman took over as CEO in 2018 and has been leading the company’s operations and strategic initiatives. He brings extensive experience in the online gambling industry.

Ownership Structure

The Betway Group is privately owned, which means it is not listed on any stock exchange. The company is controlled by a group of investors and stakeholders who have a vested interest in its success. While the exact ownership details are not publicly disclosed, it is known that the founders and key executives hold significant stakes in the company.

Regulatory Compliance and Licensing

Betway operates under various licenses from regulatory bodies across the globe. Some of the key licensing authorities include:

• Malta Gaming Authority (MGA)
• UK Gambling Commission (UKGC)
• Spelinspektionen (Swedish Gambling Authority)
• Gambling Commission of Ireland

These licenses ensure that Betway adheres to strict regulatory standards, providing a safe and fair gambling environment for its users.

Global Presence

Betway has a strong global presence, with operations in numerous countries. Some of the key markets where Betway is active include:

• United Kingdom
• Ireland
• Sweden
• Germany
• South Africa
• Canada
• India

The company continues to expand its reach, entering new markets and offering localized services to cater to diverse user bases.

Betway is owned by The Betway Group, a privately held online gambling company with a strong presence in various regulated markets. The company is led by a team of experienced professionals, including co-founders Paul Higgins and Richard Akitt, and CEO Anthony Werkman. With a commitment to regulatory compliance and user satisfaction, Betway continues to be a leading player in the online gambling industry.

who owns betway

Betway is a well-known online gambling company that offers a wide range of sports betting, casino games, and other gambling services. The company has gained significant popularity due to its user-friendly platform, extensive betting options, and reliable customer service. But who exactly owns Betway? This article delves into the ownership structure and history of Betway.

The History of Betway

Betway was founded in 2006 and quickly established itself as a major player in the online gambling industry. The company is headquartered in Malta, a hub for online gambling companies due to its favorable regulatory environment. Betway operates in numerous countries worldwide, offering its services in multiple languages and currencies to cater to a global audience.

The Ownership Structure

Super Group

Betway is owned by Super Group, a global online betting and gaming company. Super Group is listed on the New York Stock Exchange (NYSE) under the ticker symbol “SGHC.” The company has a diverse portfolio that includes Betway and Spin, a leading online casino brand.

Key Figures

• Richard Akitt: Co-founder and former CEO of Betway. He played a crucial role in the company’s early growth and development.
• Alan Alger: Group Head of Corporate Communications at Betway. He is responsible for managing the company’s public image and communications strategy.

The Acquisition by Super Group

In 2021, Super Group went public through a special purpose acquisition company (SPAC) merger. This move allowed Super Group to raise significant capital and expand its operations. The acquisition of Betway by Super Group has provided the company with additional resources and a stronger financial footing, enabling it to compete more effectively in the highly competitive online gambling market.

Betway’s Operations

Betway operates in several regulated markets, including the United Kingdom, Malta, Italy, Denmark, Spain, and Germany. The company is licensed and regulated by various gambling authorities, ensuring that it adheres to strict standards of fairness and security.

Key Markets

• United Kingdom: One of Betway’s largest markets, with a strong focus on sports betting.
• Malta: The company’s headquarters and a key operational hub.
• Italy and Spain: Significant markets for Betway’s casino and sports betting offerings.

Corporate Social Responsibility

Betway is committed to corporate social responsibility (CSR) and has implemented various initiatives to promote responsible gambling. The company works closely with organizations such as GamCare and BeGambleAware to provide support for problem gamblers and promote safer gambling practices.

CSR Initiatives

• Responsible Gambling Tools: Betway offers various tools to help customers manage their gambling activities, including deposit limits, time-outs, and self-exclusion options.
• Sponsorship and Community Engagement: The company is involved in various sports sponsorships and community initiatives, contributing to the well-being of society.

Betway is owned by Super Group, a global online betting and gaming company listed on the NYSE. The acquisition by Super Group has provided Betway with the resources and financial stability to continue its growth and expansion in the competitive online gambling industry. With a strong commitment to responsible gambling and corporate social responsibility, Betway remains a trusted and respected brand in the global gambling market.

betway owner

Introduction

Betway is one of the most recognizable names in online gaming, particularly in sports betting and casino games. But have you ever wondered who owns this vast online empire? In this article, we will delve into the world of corporate ownership, focusing on the key players behind Betway.

The Owners: Corals Group Limited

Betway is owned by Corals Group Limited, a UK-based parent company that oversees several prominent gaming brands. Corals Group itself is part of the GVC Holdings plc (Gaming VC) umbrella, making it a subsidiary within this larger conglomerate. This structure allows for shared resources and expertise across various brands.

About GVC Holdings plc

As a multinational online gaming company, GVC Holdings owns an array of well-known brands worldwide. These include Ladbrokes Coral Group (following the merger between Ladbrokes and Coral in 2018), Gala Coral Group, Sportingbet, Eurobet, Bwin Party Digital Entertainment, part of the Stars Group, and Betway among others.

Key Features of GVC Holdings

• Diversification: With a portfolio of brands across various gaming sectors (sports betting, casino games, poker), GVC Holdings has managed to diversify its revenue streams.
• International Presence: The company’s operations span numerous countries, ensuring a broad reach in the global gaming market.
• Innovation and Technology: GVC invests heavily in technology and innovation, enhancing user experience across all platforms.

History of Betway

Early Days: Creation and Growth

Betway was founded with a focus on sports betting, aiming to offer a more personalized approach compared to traditional bookmakers. Over the years, it has expanded into the casino and other gaming verticals.

Significant Milestones

• 2006: The initial launch of Betway marked its entry into the online gaming market.
• 2019: GVC Holdings merged with Ladbrokes Coral Group, further expanding its reach in the UK betting industry.
• 2020: A rebranding effort saw the introduction of new logos and branding across several GVC brands.

In conclusion, understanding who owns Betway is a complex but essential part to fully grasp the online gaming landscape. From Corals Group Limited at its core to the vast resources and expertise provided by GVC Holdings, this intricate structure has played a significant role in shaping Betway into what it is today—a leader in online gaming. As technology continues to evolve and new trends emerge within the gaming industry, knowing your “betway owner” can indeed be enlightening.

betway live casino: play roulette and more online

Betway Live Casino offers an immersive and authentic gaming experience, bringing the thrill of land-based casinos directly to your screen. Whether you’re a seasoned gambler or a newcomer to the world of online casinos, Betway has something for everyone. One of the most popular games available is live roulette, but that’s just the beginning. Let’s dive into what Betway Live Casino has to offer.

What is Betway Live Casino?

Betway Live Casino is an online platform that features real-time, live dealer games. These games are streamed from professional studios or actual casino floors, providing players with a genuine casino experience from the comfort of their homes. The live dealers are trained professionals who interact with players, making the experience more engaging and social.

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Live roulette is a staple in any casino, and Betway Live Casino delivers an exceptional version of this classic game. Players can choose from various roulette variants, including:

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4. Live Poker

Live poker at Betway offers a unique blend of strategy and skill. Variants include:

• Texas Hold’em: The most popular poker variant, known for its strategic depth.
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For those looking for something different, Betway Live Casino offers a range of live game shows:

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Why Choose Betway Live Casino?

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The dealers at Betway Live Casino are trained professionals who provide a friendly and engaging atmosphere. They are knowledgeable about the games and are always ready to assist players.

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Betway Live Casino is committed to providing a safe and fair gaming environment. The platform is licensed and regulated, ensuring that all games are fair and transparent.

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Betway Live Casino offers a premium online casino experience with a wide range of games, professional dealers, and high-quality streaming. Whether you’re a fan of roulette, blackjack, baccarat, poker, or game shows, Betway has something to offer. Sign up today and experience the thrill of live casino gaming from the comfort of your home.

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