Bwin win situation with Danish deal

GAMBLING website operator Bwin yesterday launched online gaming services in Denmark under a deal with the country’s national government.

The joint venture pushes Bwin towards bringing in half of its turnover from regulated markets, according to analysts at Shore Capital, after Denmark introduced more gaming regulations on 1 January.

News of the deal came as non-executive director Geoff Baldwin bought 100,000 shares at 156.62p each, while joint chief executive Jim Ryan elected to take his 2010 bonus in stock, netting him 143,182 shares.