Norbert Teufelberger has been involved in the national and international casino and betting business since 1989. He occupied key positions with Casinos Austria, was a consultant to the Novomatic Group of companies and co-founded a land based casino company currently listed on the Nasdaq Capital Market and on the Prime Market of the Vienna Stock Exchange. He joined bwin Interactive Entertainment AG (‘bwin’) in September 1999 and was instrumental in drawing up the initial business plan of the company and the subsequent structuring and preparation for its public listing. He was appointed to the Executive Board of bwin on 19 January 2000, being initially responsible for finance, administration and operations. He was appointed Co CEO of bwin at the beginning of June 2001. Outside the Group, Norbert Teufelberger is also chairman of the Supervisory Board of the European Gaming and Betting Association. He holds a Masters in Business Administration from the University of Economics and Business Administration in Vienna.