Russia’s regulated sports betting market could triple its turnover over the next five years thanks to new market entrants and high-profile sports events like the 2018 FIFA World Cup. Russian gambling affiliate Bookmakers Ratings recently issued a new report that pegged current annual turnover of the Russian betting market at around RUB 677b (US $11.75b), of which around 60% is claimed by Russian-licensed operators. Annual betting revenue in this country of 144m people is estimated at RUB 47b (US $816m). The report projects that the growing number of licensed online bookmakers, coupled with interest driven by Russian-hosted marquee sports events…