Bwin closes its Russian online betting site

Bwin said it was exiting Russia due to "new legislative initiatives."
Bwin said it was exiting Russia due to "new legislative initiatives."

The operator has permanently closed its online betting operation in Russia.

Russia.- Bwin has permanently closed its online betting site in Russia due to “rapidly changing realities and new legislative initiatives.”

The site stopped access to the site at the weekend, but a message said that the site was unavailable due to maintenance work.

However, on Monday, Bwin confirmed that the site had been permanently closed due to changes in legislation in Russia.

Regarding players who still have funds in their accounts, the company said it had reached an agreement with Parimatch to transfer funds to its platform.

Players who choose to bet through Parimatch will “be able to receive a unique bonus offer,” Bwin said.

The decision comes after the Russian central bank issued new regulations that have made it more difficult for online casinos to take payments and make payouts.

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