There has been a multi-year supplier services extension agreement that has made it possible for the bwin.party entertainment which has its headquarter in Gibraltar, to remain one of the major suppliers of podiums and contents for Danish state owned operator, Danske Spil. This extension period is to be granted up to 2019, and is a continuation of partnership with bwin.party which has been in operation since 2012, when the operator launched casino and poker services for Denmark’s newly synchronized igaming market. Currently, Danske Spil is the major gambling operator for the Danish market with around 603 million euros in profits for the year, 2014. The extension period was announced by the CEO Norbert Teufelberger, who stated that that he was grateful that their studios business operator had decided to extend operations up until 2019.
Without any denials, sports sponsorships have evolved a great deal. They have done so in the past decade and this continues to be in the current times and we hope more will be seen in the future. This was seen to be a simple marketing trick by the various companies has now become a complex business platform with earnings that are in excess of $40 billion in the work. With this kind of earnings, this ain’t a small business any more. This sponsorship business has become more profitable that the online gambling industry is interested and doing it in a great way. Why is this industry venturing into the sponsoring business? As we all know, they earn huge sums of money in annual income and they still have a larger industry to tap out there.