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Russian bookmakers gear up for a 50 per cent rise in betting during World Cup

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The licensed online sports betting operators in Russia are bracing for a 50 per cent increase in the betting activity during the 2018 FIFA World Cup that opens today. However, they are not happy with the government support in their bid to tackle their international rivals.

Last week, Russia’s Deputy Minister of Foreign Affairs Oleg Syromolotov predicted there would be 50 per cent surge in betting activity during the World Cup, in a speech at an anti-sports corruption conference in Vienna.

Russia’s online bookmakers must agree as already there has been increased traffic to betting websites ahead of the World Cup. The government did it bit by slapping new restrictions that barred local financial institutions from processing payments between Russian punters and international gambling sites.

Syromolotov’s optimistic view was echoed by Yuri Krasovsky, president of the First Self-Regulatory Organization of Russian Bookmakers (First SRO), who issued a statement last week saying the new restrictions “will definitely complicate the activities” of non-Russian operators and “increase the inflow” to Russian-licensed sites.

Russia’s official telecom watchdog Roskomnadzor is doing its bit by ramping up its protectionist measures. Roskomnadzor blocked over 9000 online gambling domains in the month of May – around 300 per day – and blocked a further 2640 sites in just the first week of June.

But Krasovsky, who also runs Russian bookmaker Liga Stavok, insisted that the efforts of the Federal Tax Service (FTS) and Roskomnadzor “are clearly not enough” to eradicate foreign competition. (For the record, some 333 non-Russian Liga Stavok domains appear on Roskomnadzor’s naughty list. Just saying.)

Krasovsky wants the government to speed up plans to simplify the convoluted online account sign-up process and to relax rules requiring bookmakers to withhold a cut of bettors’ winnings for tax purposes. Only with this “integrated approach” does Krasovsky see Russian betting sites taking their rightful place as the only viable option for local bettors.

The FTS recently announced plans to “name and shame” both companies and individuals who violate local gambling laws by publishing the identities of offenders online. The new rules would require this info to be published on the government’s official online portal within three days of a conviction being handed down by the courts.

Source: CalvinAyre.com

Source: European Gaming Media and Events

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Industry News

Bryke launches Link King in Spain

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Bryke, the video slots brand of Zitro, the famous  Luxemburg-based gaming company, has launched its highly successful flagship product in Spain: Link King, a unique and innovative type of game that is not like any other games available in Spain.

Link King offers impressive new features: 4 spectacular levels of progressive jackpots that are frequently granted through the bonus game, increasing the chances of winning. In addition, prizes are linked between terminals, raising their value and the player’s excitement. Spanish players can enjoy a different way of playing never before seen in Spain and already present in the best casinos in the world.

The staging of LINK KING is impressive thanks to the new FUSION cabinet that stands out due to its advanced technology and “Ultra Slim” design, occupying less space than any other piece on the market and offering the player greater comfort.

The combination of LINK KING and FUSION will transform Spanish lounges into a game show that will appeal to both the operator and player, just like what’s happening in international markets.

Source: Latest News at European Gaming Media

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RTG launched a new game, called I, Zombie

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RTG Asia, the Philippines-based gaming company, has launched a new game called I, Zombie, which is a five-reel, 25 line game. It features Amy, a gorgeous zombie killer.

“The zombie epidemic continues, but now it’s taken a personal toll: Nancy has turned! Her beautiful blue eyes have gone red, her carefully manicured nails have grown into claw-like things. She might be the WORST kind of zombie — still so sexy, so attractive, so deadly. You have to see her! And, as in life, so WILD. And she is your WILD too. You may even see two more her appear and they’ll jump across the reels… not to kill you but to help you win more,” – commented RTG Asia.

“Maybe if she could see herself in the mirror she could change back… would that help? Could that help? It’ll certainly help YOU: when you get three mirrors – the game’s scatter – you get free spins. Get four mirrors and your free spin prize doubles. Five mirrors, it trebles,” it concludes.

Source: Latest News at European Gaming Media

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William Hill US seeks modifications in regulations

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William Hill US has written a letter to the Nevada Gaming Control Board (NGCB) seeking modifications in current regulations so as to eliminate some technical glitches. This is after FanDuel paid out on an erroneous ticket that allowed the ticket holder to win US$82k in New Jersey.

It is learnt that William Hill US mainly asked the power for the Chair to use discretion in rescinding bets where an obvious error had occurred, such as wrong pricing. “This would address the situation that occurred recently in New Jersey where an operator issued a wager on a football game at a price that was obviously incorrect,” reads the letter.

Sylvia Tiscareno, general counsel of William Hill, testified during NGCB’s meeting this week and said that the request comes after several internal discussions. The panel at the meeting decided to consider the testimony before making a decision.

Source: Latest News at European Gaming Media

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