Bwin transfers Russia player base to Parimatch after market exit

Entain-owned brand pulls out of country ahead of implementation of 5% quarterly sports betting tax in September

Bwin will exit the Russian market to end a five-year spell of sports betting operations in the country. The Entain-owned brand went offline for maintenance over the weekend but has since informed account holders that it will close permanently. “In the face of rapidly changing realities and new legislative initiatives, we have made the only…

bwin | Entain | Parimatch | Russia | Sports betting | Strategy