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    World Cup draws record bets but predictable final damps profit

    With the football World Cup finally at a close, Russian bookies are finding their profits are lower than expected, despite a surge in volume. Russian gambling analytics portal Bookmakers Rating estimated that bets worth up to RUB250 billion ($4 billion) were taken during the tournament, including in the illegal segment – bookmakers not legally registered […]

    Second TSUPIS launched; first Sochi casino opens Jan

    Russia’s second TSUPIS has become fully operational, according to a payment service provider headquartered in Cyprus. Established by the Russian government, TSUPIS is the centralized payment processing system to handle all online gambling transactions. The first TSUPIS in Russia was officially launched by bookmakers association First SRO in February 2016 and currently has 540,000 identified […]
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