Interwetten looks for new markets after 2016 growth

Strong consecutive quarterly performance for the year so far has Interwetten governance hopeful that the company will be able to break through to €1 billion turnover.

Interwetten has produced a net profit of €9.6m, up 18% from last year, for its year to date 2016 performance and EBITDA is up 18% to €11.1m. This was aided by revenue from its casino & games offering rising up by 42% between July and September.

Revenue supports CEO Werner Becher’s expectations for the operator to achieve its 2016 targets, commenting: “For sure, like with previous years, 2016 will go down as the most successful year in the company’s history. It is particularly satisfying to see that we managed to sustain the verve created by Euro 2016 and carry it forward into new football season.”

Interwetten updated the market on its 2017 plans, a strong focus on increasing its current marketing spend in its existing core markets of Greece and Spain as well as German speaking countries. It’s also preparing to invest in an additional core market by establishing a significant TV presence.

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Dhanum Nursigadoo

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Dhanum Nursigadoo served as an Editorial Assistant (Intern) at Gambling Insider from October 2016 to January 2017, where he supported the publication’s editorial team across both digital and print operations. During his internship, he played an active role in the day-to-day production of industry content, assisting with research, content preparation, and editorial coordination.

Throughout his tenure, Dhanum contributed to maintaining editorial accuracy and workflow efficiency, supporting the production of news articles and magazine content. His work helped ensure timely delivery of content while gaining hands-on experience within a fast-paced B2B publishing environment.

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