The Austrian Sports Betting Company, also known as Oesterreichische Sportwetten GmbH, was established in April 2000 and is based in Vienna. They started their gaming operations on August 24, 2001. Over the years, the company has experienced significant growth, with an annual turnover rate of around EUR 50 million. In 2010 alone, they received more than 5 million bets, making them one of the top sports betting companies in Austria.

The Austrian Sports Betting Company exclusively distributes their products under the brand name tipp3 within the country. They hold operating licenses in all nine provinces of Austria and focus their advertising and availability to customers within the country.

Since 2010, the company has also been offering services under the brand name BGS, which stands for Better Game Solutions. This service is aimed at other sports betting providers who are interested in entering the market or expanding their product portfolio. Through BGS, The Austrian Sports Betting Company is able to expand their operations into attractive foreign markets and create additional business opportunities.