• 20.03.2008, 08:34:33
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euro adhoc: bwin Interactive Entertainment AG / Financial Figures/Balance Sheet / bwin Interactive Entertainment AG - preliminary results on the fourth quarter 2007 and the financial year 2007 (pro-forma consolidated) (E)

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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19.03.2008

Q4 2007 (pro forma consolidated)*

Record gross and net gaming revenues in Q4 2007: above levels achieved before
exiting the US and Turkish markets.

• Record gross gaming revenues: up 24.9% to EUR 102.3 million (Q4 2006:
EUR 81.9 million)
• Record sports betting gross gaming revenue: up 30.2% to EUR 59.5 million
(Q4 2006: EUR 45.7 million); sports betting margin of 9.6%
• Poker revenue: up 26.7% to EUR 21.8 million (Q4 2006: EUR 17.2 million)
• Record net gaming revenues: up 28.3% to EUR 89.4 million (Q4 2006: EUR
69.7 million)
• 894,000 active and 234,000 new active real-money customers

Financial year 2007 (pro forma consolidated)*

bwin reports industry´s strongest organic growth (euro-based)

• Gross gaming revenues of EUR 350.5 million: up 21.4% (FY 2006: EUR 288.6
million)
• Record sports betting gross gaming revenue: up 19.0% to EUR 191.9
million (FY 2006: EUR 161.2 million); sports betting margin of 8.7%
• Poker revenue: up 38.6% to EUR 82.3 million (FY 2006: EUR 59.4 million)
• Net gaming revenues: up 25.9% to EUR 309.7 million (FY 2006: EUR 246.0
million)
• 1,6 million active and 798,000 new active real-money customers

*2006 excluding US- and Turkish operations; 2007 excluding Turkish business

Due to the strong performance of its core business (sports betting and poker),
the Group boosted gross gaming revenues in the financial year 2007 to EUR 350.5
million compared to EUR 288.6 million in 2006. What is more, in the last quarter
of 2007, the Company increased gross and net gaming revenues above the levels
achieved before exiting the US market in late 2006 and the Turkish market in
early 2007.

Compared to its most important competitors, which report in USD or GBP, in 2007
bwin reported the strongest organic growth of net gaming revenues in a
euro-based comparison.

Net gaming revenues (gross gaming revenues less all deductions such as betting
duties, casino taxes and bonuses granted to customers) amounted to EUR 309.7
million in 2007. This represented an increase of 25.9% compared to FY 2006 (EUR
246.0 million). This was attributable mainly to an increase in net gaming
revenues from poker to EUR 74.4 million (up 49.7% compared to 2006), and sports
betting to EUR 166.1 million (up 23.4% compared to 2006).

The number of active customers in 2007 (single total for all products) declined
to 1.6 million, a reduction of 6.9% over the total of 1.8 million for 2006, the
year of the Soccer World Championships. In 2007, 798,000 of these customers
became active for the first time (FY 2006: 1,200,000 new active customers).
However, a rising trend has been observed for both active and new active
customers since Q3 2007.

Due to current business performance bwin expects another record quarter. During
the first 75 days of the quarter average daily gross gaming revenues increased
by 4.7% compared to Q4 2007. For the full year 2008, bwin anticipates a sports
betting margin in a bandwidth of 8 to 10%.

The complete report on the preliminary results on the fourth quarter 2007 and
the financial year 2007 can be found online on the bwin investor relations
website, where it can also be downloaded in PDF format:
https://www.bwin.ag/media/pdf/quartals_berichte/quartalsbericht_q4_2007_pre_en.pdf

Further inquiry note:
Investors:
Konrad Sveceny, Investor Relations
bwin Interactive Entertainment AG
Boersegasse 11, 1010 Vienna, Austria
Tel.: +43 (0) 50 858-20017
E-mail:[email protected]
http://www.bwin.ag

Press:
Kevin O'Neal, press officer
bwin Interactive Entertainment AG
Boersegasse 11, 1010 Vienna, Austria
Tel.: +43 (0) 50 858-24010
E-mail:[email protected]
http://www.bwin.ag

end of announcement euro adhoc
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emitter: bwin Interactive Entertainment AG
Börsegasse 11/Lift 3/Top floor
A-1010 Wien
phone: +43 (0) 50 858-0
FAX: +43 (0) 50 858-16
mail: [email protected]
WWW: www.bwin.ag
sector: Casinos & Gambling
ISIN: AT0000767553
indexes: ATX, Prime.market
stockmarkets: official dealing: Wiener Börse AG
language: English

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