TOP-10 Russian betting companies by income for 2018

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Information agency Credinform represents the ranking of Russian betting companies by income for 2018. Agency experts, using the Information and Analytical system Globas, selected TOP-10 Russian betting companies by maximum income indicator for 2018, analyzed the net profit and assets of bookmaker's offices. They also estimated the earnings of Russian sport and the State of the RF from the activities of betting organizations.

Bookmaker's offices are legal entities that accept cash bets for various upcoming events with a pre-agreed winning amount. The winning amount is determined by the probability and number of payments. Mainly, bookmakers accept bets for upcoming sports events, for example, football, basketball, hockey etc. With the development of technologies you can make a bet without leaving your home, just having Internet access and choosing a bookmaker's office. In addition, modern technical capabilities allow betting on live¹ events. Thus, it is possible to assess the situation in a particular event, and only then place a bet on a specific outcome.

Best Betting Sites Popular Betting Sites 2020 9.26 (our evaluation) ☆☆☆☆☆☆☆☆☆☆ 9.26/10 1xbet 1XBET is a Russian betting company founded in 1997 and has great strength in the country with physical. Agency experts, using the Information and Analytical system Globas, selected TOP-10 Russian betting companies by maximum income indicator for 2018.

The activity of online bookmakers were banned in Russia until 2015. However, after amendments were made to the Federal Law №244-FZ «On state regulation of the organization and conduct of gambling and on amendments to some legislative acts of the RF», bookmaker's offices in the RF were legalized, with the exception of special gaming zones. The evidence of legal activity is a special license, giving the right to carry out and conduct gambling and bet on various sports events. In the absence of a permit for the activity, the bookmaker's office automatically falls into the category of prohibited organizations.

In March 2017, the President of the RF V.V. Putin signed a law, regulating the financial activities of bookmakers. Amendments were made to the Federal Law №244 «On state regulation of gambling». Article 6.2. «Purpose-oriented allocations from gambling made by the organizer of gambling in the bookmaker's office» allowed bookmaker's offices to conclude officially sponsorship contracts with sports clubs of Russia, to finance tournaments and various sports events. Each betting organization got the opportunity to advertise itself and promote its brand in the media, on federal television channels and the Internet. In return, betting companies should direct 5% of their income in the form of investment for the development of domestic sport. Thus, the income growth of all betting organizations for one financial year amounted to 100, 200, 300 and even 1000%.

Source: Information and Analytical system Globas

The first place in the ranking is taken by the bookmaker's office «Liga Stavok» with the highest income for 2018 (36.2 billion rubles). According to experts of the Information agency Credinform, tax deductions for 2018 will amount to 458.2 million rubles. «Liga Stavok» is the general partner of the Russian Premier League (RPL² ). The contract amount is estimated at 500 million rubles and many times exceeds the contract of the previous general sponsor of the Russian Premier League – the insurance company Rosgosstrakh. The bookmaker's office «Liga Stavok» invested 1.8 billion rubles in Russian sports at the end of 2018. Such volume of attracted capital makes the betting company a leader among investors of domestic sports.

The second place belongs to the bookmaker's office FONBET. Its income amounted to 24.8 billion rubles. At the beginning of the season 2018/19 FONBET signed an exclusive contract with the Continental Hockey League (KHL) and acts there as official sponsor in it. In addition, the company sponsors FNL³ and PFL⁴. Initially, FONBET was supposed to become the general sponsor of RPL, but due to a number of disagreements, it failed to agree. According to experts of the Information agency Credinform, the tax deductions of FONBET to the budget of the RF are the largest: in 2018 their amount was 701.6 million rubles. The company also takes the second place in terms of investment in Russian sports (1.2 billion rubles). There is no equal company in terms of net profit.

In terms of income, the bookmaker's office Bingo Boom takes the third line in the ranking (20.2 billion rubles). Its tax deductions, according to experts of Credinform, will yield the State 103.3 million rubles for 2018, and the amount of investment in the sport industry amounted to slightly more than 1 billion rubles.

The company BETCITY was able to earn 17.3 billion rubles. Immediately after the entry into force of the Law «On purpose-oriented allocations from gambling» BETCITY has entered into a partnership agreement with the football club PFC CSKA for 5 years. Details of the sponsorship contract were not disclosed, but with the help of the funds received «CSKA» were able to strengthen quite well before the start of the season 2018/2019. According to experts of Credinform, the tax deductions for 2018 amounted to 100 million rubles, and the amount of investments was 865 million rubles.

The fifth line of the ranking belongs to the bookmaker's office BALTBET. Until 2018, the company acted as the general sponsor of the football club Tosno. By the end of the season 2017/18 Tosno FC has been declared bankrupt and is currently in the liquidation. According to experts of Credinform, the Russian budget received from this company 152.6 million rubles from taxes on gambling in 2018, and the amount of capital raised exceeded 600 million rubles.

The income of the bookmaker's office Winline allowed it to occupy the 6^th line of our TOP list (10.9 billion rubles). Winline is the main sponsor of Spartak FC. The organization logo is placed on the football uniform on the right shoulder. Winline was the first organization, which has begun cooperating with football clubs in Russia. Thanks to the bookmaker's office Winline, domestic sports were able to get 545 million rubles for development, and, according to experts of Credinform, the state treasury has increased by 128.4 million.

«1xStavka» is a subsidiary of «1xBet». By media level, it is the most recognizable bookmaker’s office in Russia. «1xStavka» companies entered into exclusive contracts in Russian sports. The partnership agreements were reached with Zenit FC, Lokomotiv FC and Krasnodar FC. The leaders of the Russian football championship made the brand «1xStavka» the most recognizable and discussed among the population. The bookmaker’s office «1xBet» continues to work in the direction of sponsorship contracts and has already reached the agreements with global top clubs, such as: Barcelona FC and English football club Tottenham. Data on the amount of taxes paid in Russia are not available. The level of investment in Russian sports exceeds 445 million rubles.

The bookmakers' income rating is closed by bookmaker’s office LEON, bookmaker’s office OLIMP) and «Marafon Bet». According to experts of Credinform, the total amount of tax deductions reached 174.1 million rubles. Note that the bookmaker’s office OLIMP is the general sponsor of the Russian Super Cup. The tournament where the winner of the Cup of the country and the current Champion of the country meet. The total investment from three organizations amounted to 250 million rubles.

The results of the ranking showed that thanks to the bookmaker’s offices the Russian state received 1.8 billion rubles in the form of tax deductions, and 6.7 billion rubles were directed for the development of domestic sports. However, the main cash flows were concentrated among the best Russian sport clubs, which were commercially profitable for bookmakers, and the development of regional sports was again frozen. It is necessary to regulate investment flows, otherwise the development policy of domestic sports will fail.

¹ Live event –event held at a real time
² RPL - professional football league, top division in the Russian football league system
³ National Football League (FNL) - professional football league, Russia's second most powerful football league
⁴ PFL - professional football league, Russia's third most powerful football league

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The law regulates the operation of betting companies in the Russian Federation. Legal market players pay taxes and comply with the rules of paying winnings to players. However, local authorities do not supervise betting industry reps that hold licenses of other jurisdictions. Therefore, regulators block such websites. What is the difference between legal and offshore bookmakers and what companies accept bets within the scope of the law – find further in the article.

Russian Betting Companies Of America

Important! The material is of informational and analytical nature and does not summon readers to become customers of betting companies.

Legal and offshore betting companies: what is the difference?

Today there are legal and offshore betting companies in the market. The first ones hold the Russian online betting license and adhere to all requirements set to conduct the activity. They pay state taxes, officially employ staff, submit reports, open accounts at Russian banks, work with sports federations and leagues, etc. Their operations are legal on the territory of the Russian Federation.

Betting companies that work illegally usually hold licenses of offshore areas – in Malta, Gibraltar, Costa Rica, Curacao, and other jurisdictions. For this reason, they are called offshore. Organizations that obtain such licenses orient towards the global market rather than one country.

The online operation of offshore bookmakers is forbidden and considered illegal in Russia. These websites are blocked and their organizers may be subject to criminal or administrative actions.

Russian Betting Companies Near Me

The Russian Federation started to restrict access to such websites in 2016. Within six months, Roskomnadzor blocked over 20,000 betting-themed websites and betting operators. Besides, websites that advertised betting fell under regulations.

How do legal betting companies work in Russia?

To be able to accept bets legally in Russia, the bookmaker has to abide by the following requirements:

• to obtain a license from the Federal Tax Service;
• own at least 100million RUB of registered capital;
• cost of net assets has to be no less than 1 billion RUB;
• the betting company has to hold a bank guarantee equal to no less than 500 million RUB;
• to be a member of one of the self-regulating organizations (SRO). Today there are two of them: the First SRO of Russian Bookmakers and the Bookmakers SRO.

Each SRO can act as a founder (a participant) of just one Interactive bets accounting center (IBAC), which is a lending institution working in compliance with the Federal law “About banks and bank activities”. The institution is intended to protect the interests of bettors and control the activity of bookmakers. The IBAC acts as an intermediary between gamblers and betting offices. Financial operations go through the IBAC. Besides, the IBAC checks player identity. Today each of the current self-regulating organizations owns such an institution.

Interactive bets and land-based betting shops

In Russia, bets are accepted at land-based betting offices and online.

According to the Federal Law “About state regulation of activities on organization and conduct of gambling and about the introduction of amendments to certain legislative acts of the Russian Federation”, an interactive bet is money including electronic funds that the IBAC transfers to the betting office on behalf of gamblers using electronic payment methods.

Players can also place bets at land-based betting shops, a detached area of the gambling facility, where the bookmaker accepts bets from players.

Russian Betting Companies Vs

Legal bookmakers in Russia

Russian Betting Companies

According to the Bookmaker Ratings, today 17 betting companies operate legally in Russia. They are 1xstavka, Liga Stavok, Winline, Marathon Bet, Parimatch.ru, Fonbet, BetCity, 888.ru, Mostbet.ru, Leon, Olimp, BingoBoom, Melbet, Tennisi, bwin.ru, Baltbet, and Zenit.

Russian Betting Companies Inc

1. 1xstavka, founded in 2010. Today the operator offers a wide betting line including betting on esports and non-sports events.
2. Liga Stavok, licensed in 2009. The bookmaker offers bets on different sports, political, cultural events.
3. Winline, founded in 2009.The bookmakeroffers odds on different sports.
4. Marathon Bet, established in 1997. The company received the license from the Russian Tax Service in 2010. The line includes bets on sports, politics, cinema, TV shows, and award ceremonies.
5. Parimatch, founded in 1994. The line represents different sports including esports tournaments and events from the world of politics and show business.
6. Fonbet, set up back in 1994. The company accepts bets on sports events in Russia and around the world.
7. BetCity, licensed in 2009. The company offers to bet on sports, political, and cultural events.
8. 888.ru is an online project of FavBet LLC that was licensed in 2009. It offers players to place bets on events in sports, politics, esports, and show business.
9. Mostbet. The domain name Mostbet.rubelongs to SportBet. Licensed in 2009, the company accepts bets on different sports events.
10. Leon, licensed in 2011. The bookmaker offers odds on popular sports and events in show business and politics.
11. Olimp, licensed in 2012. The company provides betting on sports, cultural, and other events.
12. BingoBoom, licensed in 2010. The line includes bets on sports events held in Russia and globally.
13. Melbet, licensed in 2012. The bookmaker accepts bets on different sports, cultural, and other events.
14. Tennisi, licensedin2009. The company offers odds on several sports and other events.
15. bwin.ru started operations in Vienna in 1997, was licensed in Russia in 2016. The bookmaker offers betting on more than 90 sports as well as events in the world of cinema, music, and show business.
16. Baltbet, founded in 2003. The betting line embraces different sports including esports, as well as events in the fields of politics and culture.
17. Zenit, licensed in 2010. The betting line includes events in the world of sports, music, cinema, and politics.