Russian market attracts international gambling brands – Dmitry Sergeev

Russian market attracts international gambling brands – Dmitry Sergeev

Dmitry Sergeev, head of the Digital Betting (bwin) company, said that big foreign operators will soon come to Russian domestic betting market. According to the expert, market’s annual volume is about 140 billion rubles. Naturally, such turnovers are attractive to international brands.

Sergeev hinted that among the major bookmakers planning to do their business in Russia, there are several well-known companies, definitely known by football fans.

The expert also stressed that despite the Russian market attractiveness, investors are still wary of it. There are many reasons for this, but the main ones are: there is no stability due to constant legislative changes and there are no examples of successful foreign operators’ work on the country’s territory.

It was bwin operator that opened Russian market to the international brands. On the one hand, it is more difficult for the company, on the other hand – it gives them a huge competitive advantages. When others will only enter the market, they will already be there.

Bwin will begin accepting bets this fall.

Online bookmaker bwin belongs to the gambling giant GVC Holdings.

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