Tag Archives: russia

Making sports betting fair: Why Fonbet takes a zero tolerance approach to match fixing

Making sports betting fair: Why Fonbet takes a zero tolerance approach to match fixing

Taking a zero-tolerance approach to match fixing and breaches to sports betting integrity is the only way to ensure fairness according to Fonbet. Speaking with SBC News, a spokesperson for Fonbet discussed the challenges associated with different types of gamblers and why the operator has the broadest expertise when it comes to combating match fixing in Russia. SBC: The lazy …

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Fonbet nets AC Milan CIS partnership

CIS bookmaker Fonbet has become the official partner of Serie A club AC Milan for Russian and CIS markets. Fonbet will become AC Milan’s ‘Official Sports Betting Partner’ and, as a result, its brand will be visible in Russia and the CIS during the Rossoneri’s Serie A home games as well as on the club website. According to a statement released by AC Milan, …

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Europe’s new ‘gambling frontier’ comes under the spotlight at SBC Digital Summit CIS

The huge potential of the betting and gaming markets in Ukraine, Uzbekistan and Georgia is set to be a central theme of SBC Digital Summit CIS on 4 – 5 November. The virtual conference and exhibition comes as many operators are seeking new opportunities away from the fierce competition in Europe’s established regulated markets, while at the same time some …

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Parimatch aims for highest CIS coverage with new La Liga partnership

Parimatch has secured terms with La Liga to become the official ‘CIS region betting partner’ of Spain’s highest tier of professional football. Agreeing terms on a two-year partnership, Parimatch confirmed that its brand will be displayed (where permitted) across 15 CIS state broadcast of La Liga matchdays. Parimatch’s logo will be showcased to CIS region audiences through the use of 3D …

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Alexey Khobot: The early years in Russia and evolution of Fonbet

Fonbet

Having delved into the evolution of odds calculations, the use of bots in bookmaking and the history of live streaming in Russia, Alexey Khobot – the brains behind the first software for Fonbet – is back for more on the company’s inception in 1994, what the betting market looked like 26 years ago, and laying the groundwork for success. Fonbet …

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Ilya Machavariani, Dentons – CIS regional dynamics will come to play prior to gambling take-off

Market developments in the CIS region have shot to the forefront of the industry’s agenda, as an intense July saw Ukraine approve its Gambling Law mandate, the Russian Duma announce an overhaul of sports betting laws and taxes, whilst Uzbekistan forms a counsel for the development of a national lottery.   At the coalface of rapid developments,  Ilya Machavariani, Head …

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Duma approves overhaul of Russian sports betting laws 

Ongoing Russian developments have seen the state Duma accept the second and third readings of Bill 647044-7, significantly modifying Russia’s existing sports betting laws.   Originally presented to the Duma on 30 April, Bill 647044-7 has amended ‘federal regulations on activities for the regulation and conduct of gambling’. Within its mandate, the bill will allow the Kremlin to implement ‘limits on …

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Fonbet builds betting experience through ‘Alice’ voice assistant

voice assistant - MOSCOW, RUSSIA - NOVEMBER 19, 2018: Konstantin Kruglov, Experimental Products Director at Yandex, speaks during an event to unveil partner devices based on Yandex IO platform. Yandex IO is a development kit that allows integrating Artificial Intelligence (AI) with voice capabilities into consumer electronics, cars and vending machines. Anton Novoderezhkin/TASS

More than 5,000 users every month are now asking ‘Alice’ about current promotions on Fonbet, whose virtual voice assistant has a declared accuracy of about 90%. Alice, the Yandex-developed equivalent of Apple’s Siri, was first launched in 2017 but the Fonbet “skill” was only added in late 2019. It has the answers to thousands of common template questions that help …

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Parimatch promotes ‘proven talent’ Dmitry Sergeev as CEO of CIS markets

Parimatch Holdings has confirmed the promotion of Dmitry Sergeev to the newly created executive leadership position – CEO of Parimatch CIS Division.  Sergeev, who has led Parimatch’s Russian unit since 2019, will be tasked with leading operations and growth strategy for the ‘Commonwealth of Independent States’ territories, encompassing – Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, …

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Martin Lycka: My letter to Gambling Santa

In the latest of a series of columns on international gambling legislation, GVC Holdings Director of Regulatory Affairs Martin Lycka pens a letter to the Santa of Gambling and hopes that, for a change. the industry is on the ‘good’ list.  Dear Gambling Santa, My name is Martin and I am probably a little too old to write to you. …

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