British casino operator announces partnership

2 December 2010 – By Huseyin Yilmaz

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British e-gaming operator Sportingbet has recently announced a long-term partnership together with FIBC to exclusively build an online casino sports betting site offering the Liga Stavok gambling products. Liga Stavok is one of the largest bookmaker companies in the country, supporting Russian sport by its exclusive affiliation with the Russian Football Premier League.

FIBC is operating 273 Liga Stavok licensed betting establishments in almost 70 cities in Russia. And the company is continuously expanding at a rate of roughly 25 new locations per month. Liga Stavok is one of the 19 licensed sports betting companies and online casinos in Russia. It is the second largest company in this industry due to its exclusive betting partners like FIBC and now Sportingbet.

The growth of the online gambling industry has been determined by the legalization of this activity in most parts of Europe and other countries. The Russian market is one of the largest in the world and is estimated to have an annual turnover of $1.8 billion.

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