Olimp betting company and Rambler Group signed an agreement on strategic partnership on Okko Sport project. Okko Sport is a project of Russian online sinema and an only legal online broadcaster of Premier League in Russia.
“We are pleased to welcome Olimp bookmaker as a strategic partner of the Okko Sport project. I have no doubt that cooperation will be successful for both parties. I am sure that the partnership with Okko Sport, the only official broadcaster in Russia of the most popular and spectacular football championship on the planet, will help Olimp in achieving its business goals”, said Maxim Tadevosyan, managing director of Rambler & Co.
In accordance with the agreement, Olimp becomes the exclusive partner of broadcasting matches of the English Premier League. Olimp also receives exclusive rights to distribute Okko Sport service at betting points. The contract is signed for 1 season with the possibility of prolongation. In accordance with the terms of the agreement, the parties do not disclose the size and other parameters of the contract.
According to Kommersant, the contract amount can be estimated at € 18–22 million ($ 20.2 million – $ 24.7 million).