For Investors

The Russian sports betting market is among the most attractive for investment opportunities. It is one of the fastest-growing gambling markets globally. Hosting the 2018 FIFA World Cup in Russia, the legalization of online betting, and the liberalization of advertising have significantly boosted the turnover of betting companies and, concurrently, positively impacted the industry's image and consumer trust.

Given these factors, sports betting is a strategic focus for our company.

The growth of deposits

The growth of deposits in rubles increased by 20% in 2022, 47% in 2023 and 40% in 2024. The same indicator in dollars (converted at the average annual exchange rate) increased by 29%, 18% and 28% respectively.

Market capacity (GGR)

Market capacity (GGR) growth in rubles was 19% in 2022, 42% in 2023 and 29% in 2024. In dollars (converted at the average annual exchange rate), it was 28%, 14% and 19% respectively.

Since the legalization of online betting (interactive betting, as defined by the Gambling Law), both gaming turnover and gross gaming revenue (GGR) have increased significantly, with the online segment now substantially outperforming land-based operations. Since the end of 2015, when the number of land-based betting shops peaked at approximately 6,000, that number has steadily declined to around 1,250 by early 2025. However, during the same period, the market volume has more than quadrupled, rising from USD 1 billion to USD 4.67 billion.

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