One of the most recognized names in the EU online betting industry, bwin Interactive Entertainment AG (WBAG:BWIN) continues to operate in the Czech Republic through a loophole.
The Czech law forbids local betting company to take real money wagers online, but it says nothing about foreign Internet betting ventures. Below is an interview with the company’s attorney Jindøich Rajchl, by Mrs. Irena Fuková:
Q: Can you give me some financial data about bwin in the Czech Republic?
A: The company doesn’t publish data for individual countries. It publishes its overall revenues and its overall number of clients. Currently, the company has more than 3 million clients worldwide. It’s number one on the European online betting market.
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