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Tag Archives: Russia

Russia – C&C/Austria and MSFG International complete IGT install at Altai Palace Casino

C&C/Austria, in cooperation with MSFG International, has delivered IGT machines to Altai Palace Casino in the Sibirskaya Moneta gaming zone, via Austria, Hungary, Poland, Belarus and the Russian Federation, covering a distance of 6,146 km. Thanks to many years of cooperation, despite the pandemic and the impossibility of traveling, a sales contract was concluded with…

Russia- Local demand in Russia sees Tigre de Cristal recover quickly

With revenues generated in the Philippines and Vietnam restricted by international travel restrictions, it was left to Tigre de Cristal in Russiato prop up the results of SunCity Holdings. The Russian casino generated a positive Adjusted EBITDA of HK$17.2m in the 1H 2021, versus a negative Adjusted EBITDA of HK$22.1m in the 1H 2020. Net…

Bill could present a stark choice for online operators in Russia

Ilya Machavariani, Senior Partner and CEO of the 4H Agency, discusses the issues facing operators accepting Russian players without a Russian licence as the government seeks to make this a ‘black’ or ‘white’ issue. On April 22, 2021, in the First Reading, members of the Russian State Duma adopted the bill (No. 1133991- 7) amending…

Russia – Betegy partners with Parimatch for innovative European Championship portal project

Betegy, a leading sports data and automated content generation system, has added yet another innovative creation to Parimatch’s arsenal with the launch of inside.parimatch.ru ahead of this summer’s European Championship. With the biggest footballing event of the year kicking off, the new innovative service will generate statistics on bets placed throughout the summer football tournament,…

Russia – Government recoups investment in Primorsky through gaming tax

Russia’s Primorsky Territory has already recouped the money it invested to help get its gaming zone up and running. Konstantin Shestakov, Deputy Prime Minister of Primorsky Territory highlighted that the level of gaming taxation paid by the two existing casinos, Tigre de Cristal and Shambala, have already paid back the US$25.5m the local government spent…

Russia – EveryMatrix expands into Russian market with 888.ru bookmaker

EveryMatrix has announced the launch of sports bookmaker, 888.ru. The bookmaker has upgraded its betting business in the Russian regulated market with EveryMatrix’s sportsbook solution. 888.ru utilises EveryMatrix’s platform and a suite of products including the fully managed OddsMatrix Sportsbook with BonusEngine, as well as MoneyMatrix for payments processing and ID verification, all of it…

Russia – Russia launches bill to unify its gaming regulators and increase betting tax

Russia’s State Duma is to vote on a proposal to set up a new national regulator which would control and regulate the whole Russian gambling industry. The bill was introduced by Viktor Deryabkin and Igor Stankevich of the governing United Russia party, was put before the State Duma Committee on Economic Policy, Industry, Innovative Development…

Russia – BtoBet signs platform agreement with Russia National Lottery’s operator

Aspire Global has expanded to the Russian market by signing a platform and lottery agreement with Russian National Lottery’s operator Sports Lotteries. Through the agreement, Aspire Global’s BtoBet will provide its Player Account Management (PAM) module platform and provide access to lottery games on online and retail channels to the Russian state lottery operator, one…

Russia – Summit Ascent increases shareholding in Tigre de Cristal

An off-shore Russian subsidiary of Hong Kong-listed Summit Ascent Holdings has increased its shareholding in Oriental Regent Limited (ORL), the operating force behind Tigre de Cristal in Primorye near Vladivostok, by 10 per cent to 77.5 per cent in a move that will help fund the Phase II expansion of the casino. It could still…