Bwin’s Russian-licensed betting site officially shuts; Bet365 waits in wings

Bwin’s Russian-licensed online gambling site has permanently shut its digital doors, while Bet365’s Russian plans appear to be just getting started. 

This weekend, the Bwin.ru site stopped working for local bettors, who found the site’s home page displaying a message saying only that the site was “unavailable at present,” citing unspecified “system maintenance work.” The site’s social media feeds went silent and questions regarding the outage went unanswered. 

On Monday, Bwin.ru confirmed that its closure was permanent, based on “rapidly changing realities and new legislative initiatives.” In order to “make Bwin’s withdrawal from the Russian market as comfortable as possible for all customers, we have reached an agreement with one of the industry leaders, Parimatch.”

Bwin customers will reportedly find the funds held in the Bwin.ru accounts transferred to Parimatch.ru, and customers who decide to wager with Parimatch “will be able to receive a unique bonus offer.” The migration to Parimatch will reportedly be complete by the end of the month.