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Beginning with 12 staff members in its founding in 1997, bwin was formerly generally known as "betandwin" right up until 2006. The company introduced its to start with online gambling web page in 1998, focusing on the growing sports betting market. One of the most important developments in the company's record was the start of its Dwell betting solution, produced in-home, allowing gamers to position bets on sporting gatherings even though the actual party was occurring. The agency's initial general public giving on the Austrian Stock Trade occurred in March 2000.

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