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.
-
Asia5 days ago
Jetapult Strengthens AI Expertise: Onboards Industry Leaders, Oz Silahtar and Dr. Arjun Jain
-
Latest News6 days ago
Roobet Promo Code: Redeem âWRD100â Now to Get a Free Money & Cashback
-
Latest News6 days ago
Regulatory Roadblocks: The Future of Sweepstakes Gaming in the U.S.
-
Africa6 days ago
Gaming Corps Expands African Presence with KingMakers Partnership
-
Latest News6 days ago
Recently Released Slot Games Worth Checking Out
-
Latest News6 days ago
UK Gambling Commission Flags Deepfake-Fueled Money Laundering Threats in Online Gambling Sector
-
Latest News6 days ago
ULTIM8 SPORTSBOOK IFRAME: Ultimate Solution for Operators Who Have Seen It All
-
Latest News6 days ago
PG Soft debuts Doomsday Rampage slot