Tag Archives: Russia
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…
Russia – Suncity increases ownership in Summit Ascent to 69.66 per cent
Suncity Group Holdings has said it now has ‘every reason to drive businesses in Summit Ascent’ after increasing its stake in the owner of Tigre de Cristal in Russia from approximately 24.74 per cent to approximately 69.66 per cent via a rights issue. Since the grand opening of Tigre de Cristal in November 2015, Tigre…
Russia – Shambhala Casino to hold grand opening in Primorye gaming zone
The Primorye gaming zone outside Vladivostok in the Russian Far East will officially welcome its second casino on Friday October 16 when the RUB$3.5bn (US$48.8m) Shambhala Casino opens its doors. The 5,200 sq. m. of gaming space held a soft opening last month to test its equipment. It will also host a restaurant, two fast…
