Sportingbet plc has signed an exclusive five-year deal to launch a new joint venture with First International Bookmakers Company (FIBC), Russia's second largest licensed bookmaker which trades under the Liga Stavok brand.
Under the five year deal, Sportingbet and FIBC agree to partner exclusively to establish a Russian online sports betting offering under the "Liga Stavok powered by Sportingbet" brand. Sportingbet are the sole provider of online services to the joint venture, which will be a [...]