More Than Quarter of Olympic Federations in Russia Are Sponsored by Bookmakers
Publication date:
Bookmakers financially support 13 Russian Olympic federations.
Ten summer sports and three winter sports have betting companies as sponsors, making up around 27% of all organizations, i.e., more than a quarter.
Ten out of 35 Russian Olympic federations for Olympic summer sports are sponsored by betting operators, many of which have a high bookmaker rating. These are:
- Basketball Federation — FONBET, Winline
- Boxing Federation — Liga Stavok
- Volleyball Federation — PARI
- Wrestling Federation — Olimpbet
- Judo Federation — FONBET
- Rugby Federation — PARI
- Gymnastics Federation — FONBET
- Handball Federation — Olimpbet
- Badminton Federation — BetBoom
- Surfing Federation — BetBoom
In winter sports, three out of 13 federations also cooperate with bookmakers:
- Hockey Federation — Liga Stavok
- Biathlon Federation — PARI
- Figure Skating Federation — FONBET
This indicates the growing influence of betting on the development of sports in the Russian Federation.