Bookies seek regulatory easing to reap World Cup rewards

Russia’s bookmakers are looking forward to a bonanza from the 2018 FIFA World Cup, but would like to see regulations eased, in particular with regard to online bets from foreign visitors, to enable them to take full advantage. Leading bookmakers at the recent Russian Betting Trends in Moscow forum predicted a big jump in volumes for the tournament, although estimates vary widely. During the 2010 and 2014 championships international bookmakers in Russia enjoyed a big increase in business, with William Hill seeing bets up 97 percent. “Forecasts say that the volume of bets during the 2018 Cup will increase six- to eight-fold, when it comes to Liga Stavok, 1xStavka by 60-70 percent, Baltbet, by 15-40 percent,” gaming expert and editor in chief of the Bookmakers’ Rating publication Alexei Tkachuk said. Leonid Obozny, who heads the First Gaming Company, providing software and services for bookmakers, dubbed the upcoming event “Christmas for bookmakers,” adding...

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