EANS-Adhoc: bwin Interactive Entertainment AG / Q2 2010

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quarterly report

19.08.2010

Key financial indicators (pro forma consolidated, unaudited)

EUR million Q2 10 Q2 09 % YoY H1 10 H109 % YoY
Gross gaming revenues 127.2 95.1 33.7% 260.4 212.8 22.4%
Net gaming revenues 100.4 77.8 29.2% 209.7 179.9 16.6%
Total revenues 112.5 96.7 16.3% 232.6 216.1 7.6%
EBITDA (adjusted*) 11.0 15.1 -27,0% 41.3 51.1 -19.2%
EBITDA (adjusted* excl. DFL) 11.0 9.7 13.4% 41.3 40.9 0.9%
EBIT -3.0 0 n.a 15.1 21.9 -30.9%
Result after tax -2.8 0.1 n.a 14.7 19.1 -22.7%

Highlights of business development in Q2 2010

• Record turnover for sports betting due to successful Soccer World Cup
underscores market leadership
• Promising start to sports betting and poker in France at end of Q2
• Result temporarily affected by intensive preparations and start-up costs
in lead-up phase in calculated move in anticipation of further regulation of
online gaming markets in Europe
• First mover: Competitive advantage achieved by targeted marketing
campaign in France immediately after granting of licence
• Poker and casino affected by World Cup and seasonal trend
• Significant growth for games

Q2 2010 (pro forma consolidated)

• Gross gaming revenues of EUR 127.2 million, or EUR 113.8 million excl.
Gioco Digitale (Q2 2009: EUR 95.1 million)
• Sports betting margin 7.2% (Q2 2009: 5.9%)
• Net gaming revenues of EUR 100.4 million, or EUR 93.1 million excl.
Gioco Digitale (Q2 2009: EUR 77.8 million)
• Record number of active customers: 1,381,000 active and 360,000 new
active real-money customers (plus 30.7% and plus 43.5% respectively)
• EBITDA (adjusted*) of EUR 11.0 million (Q2 2009: EUR 15.1 million, or
EUR 9.7 million excl. effects of German Soccer League marketing rights)
• Result after tax of -EUR 2.8 million (Q2 2009: EUR 0.1 million)

Merger of bwin and PartyGaming

• Implementation of merger on schedule with conclusion expected in Q1 2011
• Proposed merger with PartyGaming opens up new opportunities
strategically, financially and operationally
• Consolidated company will be market leader in poker, sports betting,
casino and games, particularly bingo
• Merger to ensure optimal positioning to take advantage of growth
potential due to regulation of European and international gaming markets

* Excluding non-cash expenses in connection with share-based payment
(IFRS 2) and one-off effects in connection with proposed merger.

The complete half year financial report 2010 can be found online on
the bwin investor relations website at www.bwin.org, where it can
also be downloaded in pdf format.

end of announcement euro adhoc
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ots Originaltext: bwin Interactive Entertainment AG
Im Internet recherchierbar: http://www.presseportal.de

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:investorrelations@bwin.org

http://www.bwin.org

Press:

Katharina Riedl, Corporate Communications

bwin Interactive Entertainment AG

Boersegasse 11, 1010 Vienna, Austria

Tel.: +43 (0) 50 858-20069

E-mail:press@bwin.org

http://www.bwin.org

Branche: Casinos & Gambling
ISIN: AT0000767553
WKN: 936172
Index: ATX Prime, ATX
Börsen: Wien / official market