Report: Russian sports betting market could triple by 2022

[The Buzz]

A market research report prepared by Bookmakers Rating, titled "The Bookmaker's Market in Russia: the state and growth prospects" claims the volume of the Russian bookmaker industry is "planned" to increase from 47 billion rubles per year to 1.4 trillion rubles.

The basis of the study was to analyze the bookmaker industry in Russia, as well as trends and problems of the industry over the past 12 months.

The bookmaker industry is considered one of the most rapidly developing sectors of the Russian economy. It began its growth in the early 1990s after a long period of total ban in the USSR and for more than two decades has become a full-fledged sphere that satisfies the needs for the rates of more than 2.3 million inhabitants of the country.

Since 2016, the Russian bookmaker industry is in the stage of transformation, associated with the transition of most major bookmakers from the illegal zone to the legal one. This was due to changes in the legislation (entered into force in 2014) on the prohibition to organize online bets on the websites of companies that do not have a license in the Russian Federation and are not connected to the MCCIS. So far, 65% of players who bet on the Internet, continue to play, using the sites of illegal bookmakers. The main obstacles constraining the transition of players to legal Russian bookmakers are the complexity of identification and the need to pay personal income tax.

There are 29 companies licensed to carry out bookmaking in Russia, and only 11 of them accept interactive bets . . . In the near future, the first foreign operator on the Russian market - Bwin - will start accepting interactive bets. In total there are more than 100 Russian-language sites of bookmaker companies in the world that give Russian citizens the opportunity to bet.

Click here for more information on the report: https://bookmaker-ratings.ru/betting-report/

[Roulette Zeitung]

Russia is a huge country with 11 time zones!

Because hundreds, thousands, all representatives in non-left Western Governments are Russian spies as we learned from sources, the remaining few, who lives still in Russia, need some entertainment.

The desire to sports betting is new but not surprising. Most Russian oligarchs are owner of race horses, football teams and online casinos, where the employees will be fired after some weeks when not enough money will be earned, and "not enough" is far away from common sense.

After also here in Germany football matches were proven rigged so that the sports mafia could make a lot of money with bets, I do not believe, that sports betting at all is really fair.

In the old days, when the legendary horse races in Germany's city of Baden-Baden started, pimps from Hamburg St. Pauli gave the outsider before the start behind the scene an injection, so that the horse, they bet on, ran faster than ever before in history.

Leopold