Konstantin Makarov

    Konstantin Makarov is the executive director of Bingo Boom. He has seven years experience in leading positions in the gaming industry. In 2006 – 2008, he held leading positions in the company “Inteko”, which was engaged in the organization of legal gambling in Russia. He is an expert in regulation of lottery business in Russia, taxation, managing business, growth and change of the network structure, and market development and analytics.

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    RGW2017 presents Betting Block

    This week, Moscow will host the 11th annual conference and exhibition, Russian Gaming Week. Presentations over the course of the program  will be dedicated to bookmaking with the respect to the new legislation and preparation to the football World Cup 2018. Among the speakers are lawyers, betting shop managers and advertising specialists. What should bookmakers […]

    Russian Gaming Week kicks off next week

    Russian Gaming Week starts in Moscow in a week. It is the largest event in Russia dedicated to the gambling industry. The two-day program includes several specialized sections, exhibition, open lectures, workshops and discussions. RGW is the annual meeting of the industry representatives, which will be held for the 11th time. This year, the event […]

    Head of Bingo Boom to speak on esports

    Bingo Boom executive director Konstantin Makarov will be speaking at the Russian Gaming Week 2017 conference about the influence of betting on esports development. Makarov, who is also the president of Foundation for computer sports support and development, and head of Self-regulatory Organization of Bookmakers, will speak about the increasing interest in eSports; the growing […]

    Finance Ministry softens sports industry tax to one percent

    Russian bookmakers have welcomed the Finance Ministry’s decision to soften the requirements in which bookmakers and totes need to give part of their proceeds for the development of sports. The new version of the bill was published on the government’s official website on November 15. According to the latest version of the bill, the ministry […]

    Bookies embrace online as murky legislative waters clear

    Russia’s bookmakers see their future as being online, with some major players closing down traditional betting shops to focus on the interactive sector. This year’s Russia Gaming Week reflected that trend with some bookies saying they had eschewed booths at the show to channel funds instead to the development of online services.

    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. Sports betting has seen a surge in volumes during recent soccer tournaments and record numbers are expected this time around for the event, which will be held in Russia.

    Russian bookies seek to harness esports market

    Russia’s eSports market is tipped for strong growth, though the ability of the country’s bookmakers to tap the potential may be held back by cumbersome laws on online gambling and a failure to understand the audience.

    Tax hike proposal gambles with Russian casino prospects

    Russian gambling industry executives have lambasted a Finance Ministry proposal to raise gaming taxes, saying that such an initiative would "destroy the gambling business." To date, one of Russia's key draws for foreign investors has been its low taxation rate. If taxes rise tenfold as proposed, the industry will come to a standstill, participants say. 

    Russia online decree creates more questions than answers

    Russia’s latest decree on the online gambling market failed to provide the clear regulatory framework to legalize online sports betting that many in the industry had hoped for and left more questions than answers. Participants at the recent Russian Gaming Week give their views on whether the latest decree legalizes Internet sports betting or not.
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