Betclic Everest withdraws operations from Russia

betclicSenior management at igaming operator Betclic Everest have announced that the operator will withdraw all of its igaming operations from targeting the Russian igaming market.

The decision by the operator comes days after Betclic announced that it would no longer allow wagering and accept customer subscriptions from Belgium.

Betclic Everest announced its decision following the Russian gaming authorities’ decision to extend its internet ISP blacklist. It is thought that the Russian Government will look to toughen its stance on unlicensed igaming operators, as Russia looks to set a future igaming policy.

Russian ISP blocks have affected a number of igaming operators including Unibet, Pokerstars and Bwin. The blocks have been undertaken by Russian internet watchdog – Roskomnadzor.

Betclic Everest’s action to withdraw from the region have been followed by sports betting exchange Betfair that they would no longer accept customers from the Russian Federation.

Betclic Everest is set to make more statements regarding its decision to withdraw operations from the region.

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