Russian online betting group does a little bragging

News on 11 Dec 2017

The first online sports betting site to achieve licensing in Russia last year, Liga Stavok, did a little justified bragging at a press conference Monday when vice president Dmitry Pavlovsky gave the press information on a few KPIs covering this year to date at the bookmaker.

Admittedly starting from a low base, the company recorded online growth of over 500 percent, enabling the  Liga Stavok online division to contribute 60 percent of all revenues for the retail and online bookmaker.

Pavlovsky took some pride in the figure, opining that at the 10 to 15 percent monthly growth rate experienced in the digital operation it would not be long before the revenue contribution constituted 80 percent of the company’s overall revenues.

Mobile was the biggest contributor to online revenue at 60 percent, Pavlovsky revealed, noting that since launch in 2016 Liga Stavok has attracted a registered player list in excess of 4 million individuals.

Whilst there was Russian interest in English Premier League games, Russian bettors were up to 80 percent more active in wagering on Russian Premier League football games, where betting volume has soared 96 percent year-on-year so far, with a 25 percent increase in football punters.

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