Breaking news! Gaming site updates
AddedThe Rub90 team expands its ability to accept sports betting once again. To the partners’ attention - an updated version of the gaming site.
The Russian sports betting market is among the most attractive for investment opportunities. It is one of the fastest-growing gambling markets globally. Hosting the 2018 FIFA World Cup in Russia, the legalization of online betting, and the liberalization of advertising have significantly boosted the turnover of betting companies and, concurrently, positively impacted the industry's image and consumer trust.
Given these factors, sports betting is a strategic focus for our company.
The growth of deposits in rubles increased by 20% in 2022 and 47% in 2023. The same indicator in dollars (converted at the average annual exchange rate) increased by 29% and 18% respectively..
Market capacity (GGR) growth in rubles was 19% in 2022 and 42% in 2023. In dollars (converted at the average annual exchange rate), it was 28% and 14%, respectively.
Since the legalization of online betting (interactive betting as defined by the Gambling Law), gaming turnover and GGR (Gross Gaming Revenue) have significantly increased, and the online segment now substantially dominates over land-based operations. Since the end of 2015, when the number of land-based betting shops peaked at around 6,000, their number has gradually decreased to 1,800 by 2024. However, during the same period, the market volume has nearly quadrupled, from 1 billion USD to almost 4 billion USD..