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bwin.party

Company

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History

It was formed at the end of 2010 as a result of the merger of bwin and Party Gaming.

On February 16, 2021, the bwin company, which worked under the franchise of a large international brand, ceased work due to a change in state regulation of the industry in Russia.

The new legislation entered into force from September 2021 and involves the payment of deductions by bookmakers not to leagues and federations, but to a single regulator, as well as a significant increase in these deductions. President of the First SRO Nikolai Oganezov predicted that the targeted deductions of bookmakers will increase almost five times this year, to 10 billion rubles, and due to a drop in business margins against this background, the number of operating bookmakers will decrease by 15%.