Betway is an
online gambling
Online gambling is any kind of gambling conducted on the internet. This includes virtual poker, casinos and sports betting. The first online gambling venue opened to the general public was ticketing for the Liechtenstein International Lottery in ...
company. Founded in 2006, it offers betting and gambling products including
sportsbook
In the United States, a sportsbook or a race and sports book (sometimes abbreviated as book) is a place where a gambler can wager on various sports competitions, including golf, football, basketball, baseball, ice hockey, soccer, horse racing, ...
and
online casino
Online casinos, also known as virtual casinos or Internet casinos, are online versions of traditional ("brick and mortar") casinos. Online casinos enable gamblers to play and wager on casino games through the Internet. It is a prolific form of o ...
. Betway has offices in London, Malta,
Guernsey
Guernsey (; Guernésiais: ''Guernési''; french: Guernesey) is an island in the English Channel off the coast of Normandy that is part of the Bailiwick of Guernsey, a British Crown Dependency.
It is the second largest of the Channel Islands ...
, and
Cape Town
Cape Town ( af, Kaapstad; , xh, iKapa) is one of South Africa's three capital cities, serving as the seat of the Parliament of South Africa. It is the legislative capital of the country, the oldest city in the country, and the second largest ...
, South Africa.
Overview
The Betway brand holds licenses in countries including the UK, Malta, Italy, Denmark, Spain, Belgium, Germany, Sweden, Mexico, South Africa, Portugal, Ireland, Poland, France, Argentina, and the United States. It is a member of the European Sports Security Association, the Independent Betting Adjudication Service, the Remote Gambling Association, and is accredited by international testing agency
eCOGRA
eCOGRA (eCommerce Online Gaming Regulation and Assurance) is a London-based testing agency and standards organisation in the realm of online gambling. The company was established in 2003 in the United Kingdom at the behest of the online gaming in ...
. Betway has a partnership with the Professional Players Federation, which promotes, protects and develops the collective interests of professional sportspeople in the UK. It is also a supporter of the Responsible Gambling Trust.
Alongside Spin Casino, Betway is a subsidiary of its holding company, Super Group. In January 2022, Super Group listed on the
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed c ...
via a SPAC, and now trades as SGHC.
Sponsorships and partnerships
Betway has sponsored many sporting organizations, events, teams and athletes, including
West Ham United
West Ham United Football Club is an English professional football club that plays its home matches in Stratford, East London. The club competes in the Premier League, the top tier of English football. The club plays at the London Stadium, hav ...
and the
National Hockey League
The National Hockey League (NHL; french: Ligue nationale de hockey—LNH, ) is a professional ice hockey league in North America comprising 32 teams—25 in the United States and 7 in Canada. It is considered to be the top ranked professional ...
World record jackpot
In October 2015, Betway paid out €17,879,645 ($20,062,600; £13,209,300) to Jon Heywood (UK) for hitting the jackpot on Microgaming's Mega Moolah slot while playing at Betway. This was verified by
Guinness World Record
''Guinness World Records'', known from its inception in 1955 until 1999 as ''The Guinness Book of Records'' and in previous United States editions as ''The Guinness Book of World Records'', is a reference book published annually, listing world ...
s, at the time, as the largest ever jackpot payout in an online slot machine, subsequently surpassed in 2019.
Regulation and compliance
Betway has been at the forefront of recent online gambling industry reforms. The company disbanded their 'VIP' department in 2019 following headlines surrounding the use of these departments to encourage high-rolling customers to continue using gambling products.
In March 2020, Betway was fined a then record £11.6m for historical failings in customer protection and anti-money laundering checks, allowing one customer to deposit over £8m and lose over £4m in a four-year period.
In June 2020, Betway announced that they would be the first betting company to ban player transfer and managerial job betting in football, following high-profile cases that had linked the markets to manipulation and corruption across the industry.
In the United States, Betway is present in
Virginia
Virginia, officially the Commonwealth of Virginia, is a state in the Mid-Atlantic and Southeastern regions of the United States, between the Atlantic Coast and the Appalachian Mountains. The geography and climate of the Commonwealth ar ...
,
Colorado
Colorado (, other variants) is a state in the Mountain West subregion of the Western United States. It encompasses most of the Southern Rocky Mountains, as well as the northeastern portion of the Colorado Plateau and the western edge of t ...
,
Indiana
Indiana () is a U.S. state in the Midwestern United States. It is the 38th-largest by area and the 17th-most populous of the 50 States. Its capital and largest city is Indianapolis. Indiana was admitted to the United States as the 19th s ...
,
New Jersey
New Jersey is a state in the Mid-Atlantic and Northeastern regions of the United States. It is bordered on the north and east by the state of New York; on the east, southeast, and south by the Atlantic Ocean; on the west by the Delaware ...
,
Iowa
Iowa () is a state in the Midwestern region of the United States, bordered by the Mississippi River to the east and the Missouri River and Big Sioux River to the west. It is bordered by six states: Wisconsin to the northeast, Illinois to the ...
,
Arizona
Arizona ( ; nv, Hoozdo Hahoodzo ; ood, Alĭ ṣonak ) is a state in the Southwestern United States. It is the 6th largest and the 14th most populous of the 50 states. Its capital and largest city is Phoenix. Arizona is part of the Fou ...
, and
Pennsylvania
Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, ...
. Users in all states can also play the free Betway Big Pick app to win money without gambling.
Casino developers
Betway Casino offers games provided by developers such as NetEnt and Play'n GO.
References
External links
* {{Official website, https://betway.com
Corporate site__NOTOC__
Online gambling companies of Malta
Gambling companies established in 2006