Fonbet unveils new online betting brand in Russia

  • Wednesday, 07 December 2016 10:33
  • Published in News
  • Read 17076 times

In a rather interesting new development in the world iGaming, Russian bookmaker Fonbet launched a licensed online betting service in the country.

In doing so, Fonbet became the sixth player in Russia’s online sports betting market.

The online sports betting platform will conduct all its transaction via a centralized TSUPIS system, in line with payment processing rules and regulations in Russia.

Fonbet is part of the Russian Bookmakers Self-Regulatory Organisation and acquired its license from the Roskomnadzor national regulatory body. will now function alongside other operators like Liga Stavok, Winline,, 1XBet and

It remains to be seen how the new player in the market performs. Considering other brands are well established, these are definitely interesting times for Russia’s sporstbook market.

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  • Last modified on Wednesday, 07 December 2016 10:37
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