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Betcity becomes Russia’s biggest betting company

Published

6 years ago

September 26, 2018

Niji Narayan

Betcity becomes Russia’s biggest betting company

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Betcity, a bookmaker based in Russia, has entered the TOP-500 list of bookmakers, becoming the first ever company from Russia to do so. Currently, the company is ranked on the 495th position in the prestigious list. Effectively this means that Betcity is the largest among the Russian companies that offer legalised betting.

The top 500 ranking is made annually by RBC and it includes companies with the largest cash turnover, as well as the largest demand among the population. The first place of the ranking belongs to Gazprom. The top-5 list also includes Lukoil, Rosneft, Sberbank and the Russian Railways.

Betcity is one of the oldest legal Russian bookmakers. The company was founded in 2003 and operated mostly offline betting shops based on a betting license issued in 2009.

Source: sports.ru

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.