Bet365, Others Leave Russian Market

Submitted by Aaron Goldstein on

Written by :

Aaron Goldstein

Published on :

Betting firms Parimatch Tech and Bet365 have condemned Russia’s military aggression in Ukraine by withdrawing their operations from the country.

aceperheadsep21.gif

Bet365’s customers from Russian have until March 15 to cash out their funds.

The news comes as Clarion announced Wednesday it would be banning all Russian and Belarusian gambling firms from attending future conferences, including the upcoming ICE London.

Parimatch was originally founded in 1994 in Ukraine’s capital, Kyiv, and mentioned Russia’s “military aggression” in Ukraine as justification for its decision to sever all franchise ties in Russia.

In another development, Casino Maltese has responded by expelling the Russian ambassador for its club.  Malta is the world's largest online gambling hub.

- Aaron Goldstein, Gambling911.com

Related Content

Kentucky AG Goes for the Trifecta Against Two Prediction Markets and Chumba Casino Parent

Kentucky AG Goes for the Trifecta Against Two Prediction Markets and Chumba Casino Parent

It's deja vu for the online gambling sector as Kentucky comes after companies once again
These Bad Moms Banned for Life at Pennsylvania Casinos: Bad Dad Too

These Bad Moms Banned for Life at Pennsylvania Casinos: Bad Dad Too

Of the 18 banned individuals, four were accused of leaving children unattended in vehicles while they gambled inside.
Wichita's Kansas Star Casino Sees Revenue Growth Increase of 8 Percent in May, Slots Take in $13.7 Million

Wichita Area Kansas Star Casino Sees Revenue Growth Increase of 8 Percent in May, Slots Take in $13.7 Million

Kansas casinos generated $39.8 million in revenue for May, up 5.5% year-over-year with slots accounting for most of the combined figure. The Kansas Star Casino reviews suggest "tight slots".
NyesteCasino.com report on regulation and growth

NyesteCasino.com Reports: iGaming Industry Navigates Dual Pressures of Regulation and Growth

NyesteCasino.com, a leading iGaming analysis resource, released its latest industry overview, highlighting a week defined by intensifying regulatory scrutiny alongside continued global market expansion.