euro adhoc: bwin Interactive Entertainment AG / quarterly or semiannual financial statement / bwin Interactive Entertainment AG results for the first half of 2007

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6-month report

22.08.2007

Vienna, 23 August 2007. bwin Interactive Entertainment AG results for the first
half of 2007 (pro-forma consolidated):
• Gross gaming revenues of EUR 165.1 million (H1 2006: EUR 144.9 million
excl. US operations)
• 1.1 million active and 378,000 new active real-money customers
• EBITDA at EUR 30.0 million (H1 2006: -EUR 3.8 million)
• Result after tax EUR 4.3 million (H1 2006: -EUR 27.1 million)

bwin increased gross gaming revenues (excl. US operations) to EUR
165.1 million for H1 2007, up 13.9 per cent over H1 2006, which was
dominated by the Soccer World Championships in Germany. This result
was achieved despite the suspension of the Company´s range of online
gaming products in Turkey at the beginning of March 2007 and a
below-average sports betting margin in Q2 2007.

Gross gaming revenue from sports betting rose by 8.3 per cent
compared to H1 2006, to EUR 87.5 million (H1 2006: EUR 80.8 million),
with a sports betting margin of 8.4 per cent in H1 2007. Gross gaming
revenues generated from the poker, casino and games sectors amounted
to EUR 40.0 million (H1 2006: EUR 28.9 million excl. US operations),
EUR 30.7 million (H1 2006: EUR 28.8 million excl. US operations) and
EUR 6.8 million (H1 2006: EUR 6.5 million excl. US operations)
respectively.

The development of active and new active real-money customers in H1
2007 was significantly affected by the suspension of the Company´s
range of online gaming products in Turkey at the beginning of March
2007, and a marked reduction in the marketing budget. The latter had
a particular impact on the growth of new customers. The marketing mix
is only expected to be optimized during the coming year, due to the
inertia effects in sports sponsoring. By comparison with H1 2006 when
the Soccer World Championships took place, in H1 2007 the number of
active customers declined by 12.8 per cent, from 1,253,000 (excl. US
operations) to 1,093,000. Of these, a total of 378,000 customers were
active for the first time in H1 2007 (H1 2006: 717,000 excl. US
operations).

As a result of the strategic reorientation already announced,
operating expenses of EUR 135.7 million in H1 2007 were down in
comparison to H1 2006 (EUR 176.1 million), making a significant
contribution to the improved results.

Earnings before interest, taxes, depreciation and amortization
(EBITDA) rose to EUR 30.0 million compared to H1 2006 (EUR -3.8
million). Operating income (EBIT) rose from EUR -30.2 million in H1
2006 to EUR 7.4 million in H1 2007. A profit after tax and
third-party interests of EUR 4.3 million was reported for H1 2007, in
contrast to a loss of EUR 27.1 million for the comparable period the
previous year.

The complete report on the first half of 2007 can be found online on
the bwin investor relations website at http://www.bwin.ag/media/pdf/q
uartals_berichte/quartalsbericht_q2_2007_en.pdf where it can also be
downloaded in PDF format.

end of announcement euro adhoc 23.08.2007 07:30:00
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ots Originaltext: bwin Interactive Entertainment AG
Im Internet recherchierbar: http://www.presseportal.de

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

Presse:
Karin Klein, Corporate Communications
bwin Interactive Entertainment AG
Boersegasse 11, 1010 Vienna, Austria
Tel.: +43 (0) 50 858-20008
E-mail:press@bwin.org
http://www.bwin.ag

Branche: Casinos & Gambling
ISIN: AT0000767553
WKN: 936172
Index: ATX, Prime.market
Börsen: Wiener Börse AG / official dealing