Latest News
Bwin.ru to launch mid-November

GVC Holdings’ online sports betting brand Bwin is pushing ahead with a mid-November launch in Russia, paving the way for other foreign brands to enter the market.
The platform, a partnership between GVC and Russian billionaire investor Alexander Mamut, has already gone live for preliminary registrations and is giving away a shared bonus pot of RUB100m (ÂŁ1.31m/âŹ1.47m) to all new sign-ups.
Mamut owns the company holding the licence, Digital Betting LLC, as well as online technology firm Rambler & Co.
Bwin is the first foreign operator to be handed a licence since the jurisdiction began regulating sports betting two years ago.
A spokesman for the new venture described it as a âhighly competitive marketâ with around 10 major Russian bookmakers already operating, including Liga Stavok, Fonbet, and 1xstavka.
âOur entry into the Russian market is thought to be a pioneering movement – we are the first foreign brand to operate in the market ever – and will pave the way for the entrance of other major betting sites. We understand many players still bet offline due to there being plenty of betting shops. We did a lot of research to prepare for the launch and are ready to meet the expectations of those who believed and continue to believe in us.â – added the spokesman.
Mamut is reported to have pledged up to âŹ10m ($11.2m/ÂŁ8.6m) per year over the next three years to develop the Bwin.ru brand.
On top of providing a cash injection, Mamutâs news aggregation site Rambler & Co and online gambling affiliate Championat will be the primary drivers of traffic to the site, confirmed the spokesman.
The spokesman added that Rambler & Co alone had around 42 million active monthly users.
-
Asia7 days ago
SEGA SAMMY CREATION Launches âProsperity Peaksâ˘â in Macau
-
Asia7 days ago
Integrated Resortsâ 1H GGR hits Php93.36-B GGR, PAGCOR says
-
Latest News7 days ago
The UAE Lottery Introduces Two New E-Instant Games: Gemstone Riches and Sports Mania
-
Australia7 days ago
Unibet Expands Partnership with Sydney Roosters to Support NRLW Team
-
Latest News7 days ago
46 Companies Apply for Italyâs âŹ7 Million Online Gambling Permits
-
Central Europe7 days ago
Scientific Games and Polish National Lottery Continue 20-Year Scratchcard Tradition as Sales Grow
-
Latest News7 days ago
SSC Napoli, Champions of Italy, Aligns with Rabona in Long-Term Strategic Partnership
-
Latest News7 days ago
SOFTSWISS Turns 16: Milestones That Defined the Year