Industry
January 24, 2021
Russian Central Bank Clamps Down on Gambling Payments
Foreign gambling websites and illegal sportsbook operators are put under pressure by Russia’s central bank which has set deposit and cash-out restrictions for gamblers. Central Bank Steps up Restrictions on Gambling Payments Companies are seeing their business crumble as the Russian Central Bank has been blocking payments since mid-January. As a result, players have not […]
Industry
January 22, 2021
Fonbet Signs a Multi-Year Partnership with Real Madrid
Fonbet, a Russian bookmaker, has signed a multi-year agreement with Real Madrid to become its official betting partner in Russia and the CIS region. The agreement is set to end in the 2022/2023 season. Fonbet Becomes Real Madrid’s Official Partner in Russia Real Madrid, a prestigious soccer club with a solid history, is signing off […]
Legal
December 31, 2020
Putin Signs Law to Create Universal Gambling Regulator
Russian President Vladimir Putin has signed the law that creates the Unified Gambling Regulator, which will oversee the gambling industry in the country. Putin Signs New Gambling Law, Creates Regulator President Vladimir Putin has signed a law paving the way for Russia’s Unified Gambling Regulator, a new monitoring body that comes as part of the […]
Sports
December 24, 2020
Russian Badminton Pro Khakimov Banned for Five Years
Russian badminton player Nikita Khakimov has been suspended over match-manipulation and irregularities related to wagering on the outcome of games. Badminton World Federation Slams Khakimov with 5-Year Suspension Nikita Khakimov, a Russian doubles badminton player, has been suspended from the Badminton World Federation (BWF) and his rights to compete in official sports competitions have been […]
Sports
December 19, 2020
VulkanBet Leaves Russian Market Because of Planned Regulation
VulkanBet.ru has decided to exit the Russian market at the beginning of 2021 out of concerns against the country’s planned market regulation. VulkanBet Withdraws From Russia Russian sports and esports betting operator VulkanBet.ru has decided to retreat from the Russian market in search of better opportunities. The company’s decision comes in direct response to Russia’s […]
Sports
December 7, 2020
William Hill’s 2020 SBOTY Award Won By Russian Doping Whistleblower Grigory Rodchenkov
The Rodchenkov Affair by whistleblower and former head of RUSADA Grigory Rodchenkov won the 2020 William Hill’s Sports Book of the Year award on Thursday. Four-Year Ban for Russian Athletes Grigory Rodchenkov, the key whistleblower in Russia’s 2015 doping scandal, won Thursday the William Hill’s Sports Book of the Year award for his account of […]
Legal
November 20, 2020
Bill Seeks to Establish New Gambling Regulator in Russia
Russia is seeking to establish a new regulatory body for the entire gambling industry in the country, after a bill from the governing party was introduced to the legislature last week. Bill Set for First Reading Bill No. 1055657-7 was introduced by Viktor Deryabkin and Igor Stankevich, both representatives of the United Russia governing party. […]