The new player is expected in the Russian lottery market. Currently the monopoly belongs to S8 Capital holding owned by Armen Sargsyan. Kommersant website reports that Liga Stavok, one of the biggest betting companies in Russia, plans to distribute Sports Lottery tickets.
A joint lottery business will be launched by the Russian Boxing Federation and Liga Stavok. It is planned to invest at least 10 billion rubles in the project.
The press service of the Betting League confirmed that the company has concluded an agreement with Sports Lotteries operator and will become the general distributor of lotteries.
The start of sales of lotteries in support of boxing is planned for the second quarter of 2020, the representative of the Boxing Federation of Russia specified.