ElectraWorks Limited is an online gaming and gambling company originally established in 1997 as a joint venture between Bwin and PartyGaming. It was originally named ‘PartyGaming Plc’ and was listed on the London Stock Exchange in June 2005. In 2011, the company's name was changed from ‘PartyGaming Plc’ to ‘bwin.party digital Entertainment’ following a merger between Bwin and PartyGaming. Bwin is a well-known name in the gambling industry, both within the United Kingdom and Europe. This fame is enhanced by lucrative sponsorship and partnership deals with some of the biggest clubs in European football. In the UK, Manchester United have been the chosen club, whereas on the continent, names such as AC Milan, Inter Milan and Juventus in Italy; Bayern Munich and Borussia Dortmund in Germany and Real Madrid, Athletico Madrid, Sevilla, Valencia and Villarreal in Spain. In 2016, after a long period of financial difficulties. Industry behemoth GVC Holdings acquired the entire Bwin / ElectraWorks operation in February 2016. It fought off its rival 888 Holdings to take over the company with a final offer of over £1bn., who rebranded it to ElectraWorks Limited. Since then, ElectraWorks has become one of Europe's leading online gaming and gambling companies and is now a major player in the global gaming industry with offices worldwide.
ElectraWorks Products and Services
ElectraWorks offers a range of products and services in the online gaming and gambling industry. These include:
- Casino games: ElectraWorks offers a variety of casino games, including slot games, card games, and table games. These games are available on their own websites and third-party platforms.
- Sports betting: ElectraWorks allows customers to place bets on a wide range of sports events, including football, horse racing, tennis, and more. They offer both pre-match and in-play betting options.
- Poker: ElectraWorks offers online poker rooms where players can compete against each other for real money. They offer a variety of game formats including cash games, sit and go tournaments, and multi-table tournaments.
- Bingo: ElectraWorks offers online bingo rooms where players can play bingo games and win prizes. They offer both 75-ball and 90-ball bingo games.
- Other skill-based games: In addition to the above products, ElectraWorks offers other skill-based games such as scratch cards, virtual sports, and lottery games.
- Software platforms: ElectraWorks also provides software platforms for operators who want to develop online gaming and gambling websites or mobile applications. These platforms provide a comprehensive range of features and tools that allow operators to manage their operations, offer various games, process payments, and more.
ElectraWorks Brands
Foxy Bingo, Gala Bingo, and Party Casino are three of the proprietary bingo sites owned by ElectraWorks Limited.
- Foxy Bingo is an online bingo platform that offers a variety of bingo games, including 75-ball and 90-ball bingo. Players can join bingo rooms and compete against each other for prizes. Foxy Bingo also offers other games such as slot games and instant win games.
- Gala Bingo is another online bingo platform that offers a variety of bingo games as well as other games such as slots, scratchcards, and casino games. Players can join bingo rooms and compete against each other for prizes.
- Party Casino is an online casino platform that offers a range of casino games including slot games, card games, and table games. Players can choose from a wide variety of games and compete against each other or against the house for prizes. Party Casino also offers live casino games where players can interact with real dealers in real-time.
ElectraWorks Ownership
ElectraWorks is a wholly owned subsidiary of Entain plc Entain PLC Malta is a global gaming and sports betting company based in Malta. Entain's mission is to bring people together through the power of play. Entain has an extensive portfolio of leading gaming brands. It's brands span across retail, online and mobile channels in multiple jurisdictions. Entain is committed to responsible gambling, providing customers with a safe and enjoyable gaming experience.
ElectraWorks Operations
ElectraWorks is based in Gibraltar and is licensed in several jurisdictions including the UK with the UK Gambling Commission, Gibraltar, France, and Italy. The company employs over 3,000 people across its offices in Gibraltar, London and Vienna.
Recent Developments
In 2018, ElectraWorks acquired Cozy Games but later closed the operation due to regulatory issues. Cozy Games were a British software development company that specialized in the development of online casino, bingo and poker gaming platforms. They were founded in 2005 and quickly became one of the most successful gaming providers in Europe. However, in 2018, Cozy Games announced that they had gone into administration and were shutting down all of their operations. The official reason for the closure was due to a "shift in focus" by the company's owners, but speculation has been that it was due to the increasingly stringent regulations regarding online gambling in Europe.
Why do I see Electraworks Limited on bank statement?
If you see Electraworks Limited on your bank statement, it suggests that you have placed a bet on one of the sites listed on this page. If you click on one of the sites and contact support, you can use the Live Help facility to discuss this further.
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