Bwin goes live in Russia

GVC Holdings’ online sports betting brand Bwin has officially launched its service offering in Russia.

In a statement on its website, Bwin Russia said it is now taking bets on Russian territory, having previously delayed the launch of the platform from September to mid-November.

The launch comes as the result of a partnership between GVC and Russian investor Alexander Mamut, who owns the company holding the licence, Digital Betting LLC, as well as online technology firm Rambler & Co.

Mamut is said to have pledged up to €10m per year over the next three years to develop the new brand.

The platform initially went live last month for preliminary registrations and offered a shared bonus pot of RUB100m (€1.4m/€1.7m) to all new sign-ups.

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