Daily Fantasy Sports (and mainly Daily Fantasy Football) should also benefit strongly from the opening and the effect of the World Cup.
Valery Bollier, CEO of Daily Fantasy
Football B2B provider OulalaGames, recently spoke at the Betting Trends Forum
in Moscow. He said: "Local operators are hungry for success. Their knowledge of
our sector is impressive, and they are highly open to new trends and new
products. But is DFS known as ‘Fentazi Sport’ in the country actually legal in
Russia? I asked this question to Mariya Lepshikova, a Russian lawyer with great
expertise in the iGaming sector. Her answer was highly technical but explained
in simple terms: DFS is not considered as sports betting so we do not need a
licence to run a DFS game. Nonetheless, local DFS operators will need to adapt
the structure of their DFS game so they become what is considered by the civil
code of the Russian Federation as a public competition.”
"Russian operators are seeing the iGaming market with fresh eyes, and are therefore far more lucid than most ‘Western operators’ when it comes to the market’s reality. While we are sticking to our old business models; they are ready to adapt to new ones because they are much less attached to traditional games. They are willing to offer what the market is expecting, and it’s obvious that their pragmatism will pay,” Bollier added.