Electraworks Limited on Bank Statement: What Is It?

If you’ve noticed a transaction from “ElectraWorks Limited” on your bank statement, you might wonder what this company is and why it appears there.

ElectraWorks Limited is a reputable entity in the online gaming world, managing a network of popular gambling sites.

On this page, we’ll explain who they are, their connection to Entain, and the specific gaming brands they operate.

What Is ElectraWorks Limited?

ElectraWorks Limited is a subsidiary of Entain Plc (formerly GVC Holdings Plc), a major player in the iGaming industry.

Founded in 1997, ElectraWorks was initially set up to manage the Betandwin brand, which later evolved into Bwin, one of their most popular sites.

With operational bases across multiple countries, ElectraWorks Limited is licensed by the Gibraltar Gambling Commissioner and holds additional gaming licenses in the UK, Denmark, Sweden, and Spain.

In 2018, they expanded their reach by acquiring Cozy Games (though it was later shut down in early 2019 due to regulatory compliance issues).

ElectraWorks Limited Gibraltar Casinos List

ElectraWorks Limited operates several well-known gaming and betting brands, including online casinos, bingo, and betting platforms. Here’s a closer look at some of their most popular sites:

1. Foxy Bingo

Foxy Bingo is an online bingo platform offering a variety of games, including 75-ball and 90-ball bingo. The site also features quick-win games and slot machines for those who enjoy variety.

2. Party Casino

Party Casino offers a wide selection of online games, from slots and card games to live dealer experiences, making it a popular choice among online casino enthusiasts.

3. Gala Bingo

Gala Bingo combines bingo with other gaming options, offering slots, scratchcards, and various bingo rooms where players can enjoy competitive play.

4. Bwin Casino

One of the flagship brands of ElectraWorks, Bwin Casino offers slots, table games, and live casino experiences.

Why ElectraWorks Limited May Appear on Your Bank Statement

If you see ElectraWorks Limited on your bank statement, it usually signifies a transaction (either a deposit or withdrawal) associated with one of the above platforms.

This name often appears because ElectraWorks Limited handles the payment processing for its gaming brands, so any deposit or withdrawal you make on these sites will reflect their name.

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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