Electraworks Limited on Bank Statement: What Is It?

If you’ve ever glanced at your bank statement and found the name ‘ElectraWorks Limited’ popping out, you might have been left scratching your head in confusion.

Who exactly is ElectraWorks Limited, and why is it on your bank statement?

On this page, we’ll thoroughly delve into the mystery of ElectraWorks Limited, bringing clarity to your queries.

What Is ElectraWorks Limited?

ElectraWorks Limited is an online gambling firm that has cemented its presence in the iGaming industry. A subsidiary of Entain Plc (formerly known as GVC Holdings Plc), ElectraWorks Limited’s roots can be traced back to 1997. The company was initially formed to supervise the growth of the Betandwin brand, which is now popularly known as Bwin.

The company has its base of operations in several countries and holds a gaming license from Gibraltar, along with gaming licenses from the United Kingdom, Denmark, Sweden, and Spain. ElectraWorks Limited has expanded its reach globally by acquiring various gambling and betting websites. It has even acquired Cozy Games in 2018, though it was shut down in early 2019 due to regulatory compliance issues.

ElectraWorks Limited Gibraltar Casinos List

So, what exactly does ElectraWorks Limited offer? The company is the proud operator of several online casinos, bingo, and betting sites. Some of its most well-known brands include Foxy Bingo, Party Casino, Gala Bingo, and Bwin Casino.

Foxy Bingo

Foxy Bingo is an online bingo hall where players can enjoy a variety of bingo games, including 75-ball and 90-ball bingo. The site also offers quick-win games and slot machines for those looking for something different.

Party Casino

Party Casino is another notable brand under ElectraWorks Limited. Here, players can enjoy a variety of games, including slots, card games, and even live dealer games.

Gala Bingo

Gala Bingo is another popular brand that offers a selection of slots, scratchcards, and gambling games. There are also various bingo rooms for those who enjoy a competitive play.

Bwin Casino

Bwin Casino, one of the popular online casinos, offers a range of games, including slots, table games, and live casino games. The UK Gambling Commission and the Gibraltar Gambling Commission regulate this casino.

ElectraWorks Limited on Your Bank Statement

ElectraWorks Limited operates several gambling platforms, including Bwin and PartyPoker. If you find the name on your bank statement, it’s likely that you’ve made a transaction with one of their online gaming sites.

ElectraWorks Limited: Offering More than Just Gaming

Although primarily known for their gaming platforms, ElectraWorks Limited also acts as a payment provider for several online gaming sites. Hence, when you make a transaction with an online gaming site, the transaction is often processed by a third-party payment provider like ElectraWorks Limited, on behalf of the gaming site.

The Bottom Line

ElectraWorks Limited is a well-established company in the iGaming industry, owning and operating several online casinos and bingo sites. If you find their name on your bank statement, it’s likely because you’ve made a transaction with one of their gaming platforms. If you’re unsure about the legitimacy of the transaction, it would be wise to consult with your bank or review your financial records.

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