Tag Archives: Roskomnadzor

Flutter settles $4m SEC fine for PokerStars’ Russian connections

SBC News Flutter settles $4m SEC fine for PokerStars’ Russian connections

The Securities and Exchange Commission (SEC) has disclosed that Flutter Entertainment has agreed to pay a $4m fine to settle violations of the US Securities Exchange Act. The settlement was disclosed this morning by the SEC, and relates to Exchange Act breaches committed by Flutter’s igaming subsidiary PokerStars business activities within Russia. An investigation by the US financial markets watchdog …

Read More »

Roskomnadzor demands Russian search engines delist & deny ‘unlicensed’ bookmakers

SBC News Roskomnadzor demands Russian search engines delist & deny 'unlicensed' bookmakers

The Russian government continues to enforce stringent measures in order to block its national consumers from accessing unlicensed international betting operator services. Last week, the government authorised media regulator Roskomnadzor to demand all leading Russian search engines including Yandex, Mail.ru, Ultika and Sputnik to delist and deny access to remote operators deemed to be ‘blacklisted’.   At present, it remains …

Read More »

Bookmaker Ratings gives detailed breakdown of Russian betting market numbers

SBC News Bookmaker Ratings gives detailed breakdown of Russian betting market numbers

Industry affiliate Bookmaker Ratings has issued a detailed breakdown and analysis of the current state of play for the Russian betting sector. Partnering with Russian market research company Romir, Bookmaker Ratings estimates the Russian betting sector to be worth around the RUB 677 billion mark circa $11 billion at current exchange rate value. The affiliate details that Russian betting is …

Read More »

GVC Holdings eyes Bwin Russia market entry

SBC News GVC Holdings eyes Bwin Russia market entry

Russian business news sources are reporting that GVC Holdings’ European sports betting subsidiary Bwin is preparing to launch a licensed Russian sportsbook property Bwin.ru in partnership with Digital Betting LLC. The Bwin project is said to be supported by Russian billionaire financier Alexander Mamut, whose investment firm owns Russian bookmaker Digital Betting LLC which will act as licensing partner in …

Read More »

Bet365 holds firm despite changing bookmaker demand in Russia

bet365 & Bookmaker Ratings - Copyright: boarding1now / 123RF Stock Photo

As the process of “squeezing out” foreign bookmakers in Russia gathers pace, bet365 is one of the only operators to avoid a decreased level of interest from Russian users. Data compiled by Bookmaker Ratings has shown that the practice of blocking online bookmakers prohibited in Russia has affected the number of inquiries via search engine Yandex, as users want to …

Read More »

BetVictor withdraws all Russian betting services

SBC News BetVictor withdraws all Russian betting services

UK independent bookmaker BetVictor, has confirmed that it will no longer service players, transactions and wagers from the Russian Federation. Last week the bookmaker sent a customer communication informing players of its decision to suspend its Russian betting services. The bookmaker has moved to close all Russian customer accounts, requesting that affected players withdraw all remaining funds and balances. The …

Read More »

Fonbet Russia launches new online sports betting property bkfon.ru

SBC News Fonbet Russia launches new online sports betting property bkfon.ru

Russian bookmaker Fonbet has launched its new online sports betting property bkfon.ru, becoming Russia’s sixth licensed operator. Fonbet a member of Russia’s Bookmakers Self-Regulatory Organization (SRO) launches its bkfon.ru website, having gained its license approval by Russian media regulator Roskomnadzor. In order to comply with Russian online betting laws, the new Fonbet property will adhere to strict payment processing regulations …

Read More »

Russia Roskomnadzor gets tough on affiliates and sports media portals

SBC News Russia Roskomnadzor gets tough on affiliates and sports media portals

Russian media regulator Roskomnadzor has been urged to toughen its efforts in curbing national consumers access to unlicensed online gambling operators. Following the orders of the Russian government, Roskomnadzor has been told to step up its restrictions by widening its IP-restrictions and website monitoring to include Russian language affiliates and sports betting portals. Russian news sources report that Roskomnadzor has …

Read More »

Putin seeks greater bookmaker participation for Russian sports

SBC News Putin seeks greater bookmaker participation for Russian sports

Russian government funded news source Russia Today (RT.com) has reported that President Vladimir Putin will seek for licensed bookmakers to fund national sporting events, with new laws set to be introduced by mid-2016. At present Russia has 25 registered bookmakers, President Putin is reported to want gambling operators to contribute further funding to national sporting development as the country prepares …

Read More »

Russian media regulator restricts betting IP access

SBC News Russian media regulator restricts betting IP access

Russian media regulator Roskomnadzor has begun blocking national IP access to a number of online betting and gaming websites. The regulator states that it has been granted direct permission by the Russian government to block access to international/remote operators deemed unlicensed by Russia’s authorities. Roskomnadzor officials further added that international operators had been warned previously of offering betting services to Russian …

Read More »