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16 September 2019

Stepan Shulga reflects on “The International” gaming competition

The e-sports world came together in Shanghai a few weeks ago for the biggest event in the industry’s calendar, The International competition. Now in its 9th year, 18 teams fought it out in the Dota 2 arena, at what is now officially the largest e-sports tournament in the world. The crowd-funded prize pot reached a whopping $34 million, the largest in e-sports history. The final battle saw Team Liquid and OG - both previous winners of the competition, go head to head. Those lucky enough to be in Shanghai were treated to a nail-biting final, which saw OG take the crown and become the competition’s first repeat winners. Although Virtus.pro, the Parimatch sponsored team didn’t reach the final, they walked away with almost $675,000 in prize money and were the highest placed CIS team in the competition. The team has a lot to be proud of as they look towards qualifying for the 2020 competition by playing the Dota Pro Circuit. The popularity of e-sports shows no sign of waning, at Parimatch we spotted the opportunities within the e-sports industry quite a while ago. It wasn’t long ago that making the move into esports betting was seen as a crazy experiment for a legacy bookmaker like us. But our determination and high-risk high reward strategy paid off and we are now a leading e-sports betting partner. This years’ The International tournament saw over 55,000 players place just shy of a million bets with Parimatch, a record for us too! It just goes to show that anybody can make it like a champion in their field if they are prepared to brave the risks in order to succeed.

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27 August 2019

Parimatch CEO Sergey Portnov places his bets on the future of sports bookmaking

Change is on the horizon - very soon there will be over 100 new betting sites targeting the 18-25 years old demographic, representing a 70% chance. As a result of such a saturated market and shifting dynamics; user experience, marketing strategy, and a risk-taking approach will become vital to bookmakers’ competitiveness, let alone gaining market share. Speaking at World Gaming Executive Summit 2019, Sergey Portnov gave his take on what is coming down the line for sports betting. Sports betting is booming, driven by increased accessibility (mobile betting), emerging games (eSports) and advances in technology (improved user interface). With growing marketing budgets and loan-to-value ratio, bookmakers will become a unique source of sports and game content. Betting businesses will run sport competitions to ensure an “always-on” live-betting proposition, meaning that fast sports will dominate. In order to drive innovation and re-energize company culture, many betting businesses will also transform their senior leadership teams. Leaders will need to be willing to take risks, be hungry for success and move away from the status quo. The probability of such changes is 62%. With new leaders will also come new vision, and major bookmakers will reconsider branding, adapting their brand voice and product offering to appeal to the new generation of players. The next major industry shift will be in payments, with the launch of new payment solutions. Bookmakers will finally start building USPs around payment methods. In the past few years, the online gaming industry has been driving innovation in online payments and global payment technology has allowed betting providers to expand into new markets quickly. However it is no longer enough for payments to be safe and secure; payments must be quick, allowing for withdrawal in minutes, with next-level integration with PSPs and banks. In this way, payments will be a key differentiator between bookmarkers – even more important than odds. Sports streaming will also be disrupted, for the better. Streaming will become higher quality, with HD visuals, a highlights feed, interactive stream and capability for replays. Increasingly, customers want access to a variety of broadcasts, with no time delays, in order to facilitate a wide-ranging and seamless live-betting experience. There’s lots of debate around offshore markets vs regulated markets. It’s a fact that offshore markets grow faster – they have the flexibility to adapt and establish their own ways of operating. This trend will continue as long as players in these markets are unrestricted by regulation – which is often when payment solutions and digital marketing perform best. Finally, and this will surprise and scare many in equal measures, cybersport will no longer be the newcomer, and will account for 10% of revenue for betting operators. The industry is worth over $1 billion in marketing revenue and attracts a loyal young audience. Fans flock from all over the world to major tournaments, and so we will see more and more sponsors capitalize on the meteoric rise in the sport’s popularity. One thing is for sure, the tide is turning and bookmakers face two options: innovate or die.

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new
27 August 2019
Press releases

Parimatch CEO Sergey Portnov places his bets on the future of sports bookmaking

Change is on the horizon - very soon there will be over 100 new betting sites targeting the 18-25 years old demographic, representing a 70% chance. As a result of such a saturated market and shifting dynamics; user experience, marketing strategy, and a risk-taking approach will become vital to bookmakers’ competitiveness, let alone gaining market share. Speaking at World Gaming Executive Summit 2019, Sergey Portnov gave his take on what is coming down the line for sports betting. Sports betting is booming, driven by increased accessibility (mobile betting), emerging games (eSports) and advances in technology (improved user interface). With growing marketing budgets and loan-to-value ratio, bookmakers will become a unique source of sports and game content. Betting businesses will run sport competitions to ensure an “always-on” live-betting proposition, meaning that fast sports will dominate. In order to drive innovation and re-energize company culture, many betting businesses will also transform their senior leadership teams. Leaders will need to be willing to take risks, be hungry for success and move away from the status quo. The probability of such changes is 62%. With new leaders will also come new vision, and major bookmakers will reconsider branding, adapting their brand voice and product offering to appeal to the new generation of players. The next major industry shift will be in payments, with the launch of new payment solutions. Bookmakers will finally start building USPs around payment methods. In the past few years, the online gaming industry has been driving innovation in online payments and global payment technology has allowed betting providers to expand into new markets quickly. However it is no longer enough for payments to be safe and secure; payments must be quick, allowing for withdrawal in minutes, with next-level integration with PSPs and banks. In this way, payments will be a key differentiator between bookmarkers – even more important than odds. Sports streaming will also be disrupted, for the better. Streaming will become higher quality, with HD visuals, a highlights feed, interactive stream and capability for replays. Increasingly, customers want access to a variety of broadcasts, with no time delays, in order to facilitate a wide-ranging and seamless live-betting experience. There’s lots of debate around offshore markets vs regulated markets. It’s a fact that offshore markets grow faster – they have the flexibility to adapt and establish their own ways of operating. This trend will continue as long as players in these markets are unrestricted by regulation – which is often when payment solutions and digital marketing perform best. Finally, and this will surprise and scare many in equal measures, cybersport will no longer be the newcomer, and will account for 10% of revenue for betting operators. The industry is worth over $1 billion in marketing revenue and attracts a loyal young audience. Fans flock from all over the world to major tournaments, and so we will see more and more sponsors capitalize on the meteoric rise in the sport’s popularity. One thing is for sure, the tide is turning and bookmakers face two options: innovate or die.

Read more
HOT
19 August 2019

All eyes are on Shanghai: “The International” annual gaming competition

Parimatch’s Head of e-sports Stepan Shulga looks ahead to this year’s “The International” annual gaming competition August is here, the month when the entire e-sports community waits in anticipation for the largest competition in the e-sports calendar to begin. “The International” sees competitors fight it out in the online battle arena of Dota2, for the chance to win millions of dollars in prize money. This year the venue is in Shanghai, the first time the competition has been held in China. The clever people at Valve Corporation, developers of the Dota2 universe came up with the idea of crowdfunding the prize money, giving fans and players the opportunity to have an impact on the size of the prize fund. At the time of writing, the prize pot currently stands at $32 million USD, almost as much as the French football team made when they lifted the World Cup trophy in 2019!  Admittedly, the prize money will be shared amongst 16 teams, but it is still a life-changing amount. But why does The International matter to Parimatch?  From a commercial perspective - you may be surprised to hear that the number of bets we take on the event is similar to what we see with more traditional sports, and we see great loyalty towards e-sports teams from young adults. It also matters because we sponsor the successful e-gaming team Virtus.pro. It gives us great pride to say that Virtus.pro is one of the top three e-gaming teams, and is one of the favourites to win this year’s competition. Parimatch has a reputation for partnering with sporting winners! For now, we wait with bated breath for the tournament to start on the 20th August, and wish our friends at Virtus.pro the best of luck as they continue to conquer the e-sports world!

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19 August 2019
Press releases

All eyes are on Shanghai: “The International” annual gaming competition

Parimatch’s Head of e-sports Stepan Shulga looks ahead to this year’s “The International” annual gaming competition August is here, the month when the entire e-sports community waits in anticipation for the largest competition in the e-sports calendar to begin. “The International” sees competitors fight it out in the online battle arena of Dota2, for the chance to win millions of dollars in prize money. This year the venue is in Shanghai, the first time the competition has been held in China. The clever people at Valve Corporation, developers of the Dota2 universe came up with the idea of crowdfunding the prize money, giving fans and players the opportunity to have an impact on the size of the prize fund. At the time of writing, the prize pot currently stands at $32 million USD, almost as much as the French football team made when they lifted the World Cup trophy in 2019!  Admittedly, the prize money will be shared amongst 16 teams, but it is still a life-changing amount. But why does The International matter to Parimatch?  From a commercial perspective - you may be surprised to hear that the number of bets we take on the event is similar to what we see with more traditional sports, and we see great loyalty towards e-sports teams from young adults. It also matters because we sponsor the successful e-gaming team Virtus.pro. It gives us great pride to say that Virtus.pro is one of the top three e-gaming teams, and is one of the favourites to win this year’s competition. Parimatch has a reputation for partnering with sporting winners! For now, we wait with bated breath for the tournament to start on the 20th August, and wish our friends at Virtus.pro the best of luck as they continue to conquer the e-sports world!

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14 August 2019

Nine years of successful customer support

As a well-established international betting business, we strive to find bespoke solutions for each customer inquiry, with the aim of offering the best customer service in the industry. Tatiana Lyubchenko, Head of Customer Support Parimatch, shares her experiences. What is the main function of the Customer Support department? The customer support we offer at Parimatch stands out from our competitors. First and foremost, it is the talented and dedicated customer support team who deliver a superior service to our customers which makes the department so successful. There are also other differences between us and other betting companies: Our team communicates with customers using nine different channels, meaning that they can use whichever method they prefer to contact us, whether that be via the telephone, instant messenger or social media. Time is one of the things our customers value the most, so we try to respond to them as quickly as possible. This is why keeping track of operational efficiencies is critical to our service. Our team speaks six languages. We attempt to predict and in turn answer the questions of our key customers before they contact us. Customer support at Parimatch has five key teams: Incoming line - answers, calls, and emails. Social media monitoring - the answering of WhatsApp, Telegram, Facebook, and forums messages. Sales department: works with potential and current customers who have previously played with us. Quality control and training – the team select and train new customer support specialists, carry out monthly employee assessments, prepare internal reports as well as deliver employee engagement initiatives. VIP department - working with VIP clients to deal with any requests. What effect has the rebranding had on the Customer Support department? Parimatch’s rebranding was one of the critical projects of last year. In customer support, the rebranding has resulted in two new workstreams: The collection and processing of feedback from customers on the new branding. A differentiated service provided to customers depending on age and location. At present, Parimatch’s standard customer support is offered in 16 locations. The way we communicate with our customers in each region and age group is different, depending on local customs and communication preferences amongst the age group. For example, under 25s in Eastern Europe prefer: Messages should be short We do not use templated and transition phrases; communication depends on regional aspects Emojis and GIFs to express emotions Esports language and phrases However, a customer who is over 35 from Central Asia needs an entirely different approach: Detailed explanations Spoken to with respect Prefer verbal communication over text messages How does it work with VIP customers based in different regions? When it comes to our VIPs, we are dedicated to providing a premier service catered to the individual requirements of the player. Being a VIP client of Parimatch means having a personal VIP manager, receiving gifts on special occasions, access to benefits with our partners, and the speedy resolution of issues 24 hours a day. The VIP manager makes payments and solves any issues with the VIP’s account before they are even aware that there is a problem. For example, if a customer enters a password incorrectly, after two minutes the VIP manager contacts the customer to help them. How do we deal with negative feedback? Working in customer support, negativity from customers is inevitable. According to our statistics, 90% of all client requests are complaints. Therefore, resistance to stress and the ability to work with complaints are a critical skill of our customer support specialists. There are four basic rules to follow when dealing with a customer who has had a negative experience: A calm voice An understanding of the client's complaint The offer of a clear, structured and professional answer Aim to exceed the customer’s expectations What does the future hold? The main focus for the next six months will be to: Continue to develop our service by introducing more specialist teams Update our CRM system so that we can be even more customer-oriented. Change the approach to our evaluation system. In the future, an estimate of the operator's performance during the reporting period will be exhibited by the client, and not by the manager. There are also several projects planned to help speed up response time. Although we already offer a high level of support, it is critical that we don’t get complacent and continue to improve the support we give to all of our customers.

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14 August 2019
Press releases

Nine years of successful customer support

As a well-established international betting business, we strive to find bespoke solutions for each customer inquiry, with the aim of offering the best customer service in the industry. Tatiana Lyubchenko, Head of Customer Support Parimatch, shares her experiences. What is the main function of the Customer Support department? The customer support we offer at Parimatch stands out from our competitors. First and foremost, it is the talented and dedicated customer support team who deliver a superior service to our customers which makes the department so successful. There are also other differences between us and other betting companies: Our team communicates with customers using nine different channels, meaning that they can use whichever method they prefer to contact us, whether that be via the telephone, instant messenger or social media. Time is one of the things our customers value the most, so we try to respond to them as quickly as possible. This is why keeping track of operational efficiencies is critical to our service. Our team speaks six languages. We attempt to predict and in turn answer the questions of our key customers before they contact us. Customer support at Parimatch has five key teams: Incoming line - answers, calls, and emails. Social media monitoring - the answering of WhatsApp, Telegram, Facebook, and forums messages. Sales department: works with potential and current customers who have previously played with us. Quality control and training – the team select and train new customer support specialists, carry out monthly employee assessments, prepare internal reports as well as deliver employee engagement initiatives. VIP department - working with VIP clients to deal with any requests. What effect has the rebranding had on the Customer Support department? Parimatch’s rebranding was one of the critical projects of last year. In customer support, the rebranding has resulted in two new workstreams: The collection and processing of feedback from customers on the new branding. A differentiated service provided to customers depending on age and location. At present, Parimatch’s standard customer support is offered in 16 locations. The way we communicate with our customers in each region and age group is different, depending on local customs and communication preferences amongst the age group. For example, under 25s in Eastern Europe prefer: Messages should be short We do not use templated and transition phrases; communication depends on regional aspects Emojis and GIFs to express emotions Esports language and phrases However, a customer who is over 35 from Central Asia needs an entirely different approach: Detailed explanations Spoken to with respect Prefer verbal communication over text messages How does it work with VIP customers based in different regions? When it comes to our VIPs, we are dedicated to providing a premier service catered to the individual requirements of the player. Being a VIP client of Parimatch means having a personal VIP manager, receiving gifts on special occasions, access to benefits with our partners, and the speedy resolution of issues 24 hours a day. The VIP manager makes payments and solves any issues with the VIP’s account before they are even aware that there is a problem. For example, if a customer enters a password incorrectly, after two minutes the VIP manager contacts the customer to help them. How do we deal with negative feedback? Working in customer support, negativity from customers is inevitable. According to our statistics, 90% of all client requests are complaints. Therefore, resistance to stress and the ability to work with complaints are a critical skill of our customer support specialists. There are four basic rules to follow when dealing with a customer who has had a negative experience: A calm voice An understanding of the client's complaint The offer of a clear, structured and professional answer Aim to exceed the customer’s expectations What does the future hold? The main focus for the next six months will be to: Continue to develop our service by introducing more specialist teams Update our CRM system so that we can be even more customer-oriented. Change the approach to our evaluation system. In the future, an estimate of the operator's performance during the reporting period will be exhibited by the client, and not by the manager. There are also several projects planned to help speed up response time. Although we already offer a high level of support, it is critical that we don’t get complacent and continue to improve the support we give to all of our customers.

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24 July 2019

It’s time: Parimatch and UFC celebrate a year of successes

It has been just one year since we partnered up with mixed martial arts organization Ultimate Fighting Championship (UFC), but as is the case for fighters in the octagon, progress can be made very quickly with the right mentality. And sure enough, since July 2018, both UFC and Parimatch have been on the offensive, the US-based MMA company making its first strides into Russia to hold the most attended fight night of the year; Mark Hunt vs. Alexei ‘Boa Constrictor’ Oleinik. The victory earned Oleinik ‘Performance of the Night’ and increased his profile as one of the sport’s toughest competitors. Having noticed the icon’s fighting spirit, we announced Oleinik as an ambassador last April, joining the ranks of Conor McGregor, who we signed on as brand ambassador in early February. In a year where UFC smashed its previous pay-per-view record by 800,000 and October’s Khabib vs. McGregor fight night hit 2,400,000 views, we broke records of our own; with the same fight bringing in more new players for Parimatch than any other sporting event last year. This is what is so exciting about the hype-driven sport of MMA; it differs from other sports as it doesn’t have the same consistency and regularity of events. It’s an event-driven business which pays off with big fights. For example, with the English Premier League, betting turnover is generated every week, but only the Champions League final delivered a higher turnover of bets last year than the Khabib vs. McGregor showdown. But our relationship with UFC is about more than just the metrics. We have a close connection, so for us, the relationship is a coming together of brand ideologies. Our spirit is the same and it is the qualities of freedom and courage which unites sports bettors and octagon brawlers. For Sergey Portnov, our CEO, Mixed Martial Arts have long been a passion and a way of life, and he spotted an opportunity to capitalize on the meteoric rise in popularity of the UFC in order to provide proof of positioning for Parimatch as the most daring betting brand in the market. After an epic year, we’re still just as excited to be in the ring with the UFC as when we joined forces. So here’s to another!

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HOT
24 July 2019
Press releases

It’s time: Parimatch and UFC celebrate a year of successes

It has been just one year since we partnered up with mixed martial arts organization Ultimate Fighting Championship (UFC), but as is the case for fighters in the octagon, progress can be made very quickly with the right mentality. And sure enough, since July 2018, both UFC and Parimatch have been on the offensive, the US-based MMA company making its first strides into Russia to hold the most attended fight night of the year; Mark Hunt vs. Alexei ‘Boa Constrictor’ Oleinik. The victory earned Oleinik ‘Performance of the Night’ and increased his profile as one of the sport’s toughest competitors. Having noticed the icon’s fighting spirit, we announced Oleinik as an ambassador last April, joining the ranks of Conor McGregor, who we signed on as brand ambassador in early February. In a year where UFC smashed its previous pay-per-view record by 800,000 and October’s Khabib vs. McGregor fight night hit 2,400,000 views, we broke records of our own; with the same fight bringing in more new players for Parimatch than any other sporting event last year. This is what is so exciting about the hype-driven sport of MMA; it differs from other sports as it doesn’t have the same consistency and regularity of events. It’s an event-driven business which pays off with big fights. For example, with the English Premier League, betting turnover is generated every week, but only the Champions League final delivered a higher turnover of bets last year than the Khabib vs. McGregor showdown. But our relationship with UFC is about more than just the metrics. We have a close connection, so for us, the relationship is a coming together of brand ideologies. Our spirit is the same and it is the qualities of freedom and courage which unites sports bettors and octagon brawlers. For Sergey Portnov, our CEO, Mixed Martial Arts have long been a passion and a way of life, and he spotted an opportunity to capitalize on the meteoric rise in popularity of the UFC in order to provide proof of positioning for Parimatch as the most daring betting brand in the market. After an epic year, we’re still just as excited to be in the ring with the UFC as when we joined forces. So here’s to another!

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HOT
04 July 2019

World legend Mike Tyson joins Parimatch as brand ambassador

4th July 2019 – Parimatch, the international betting holding, has today announced Mike Tyson as its latest brand ambassador. The king of the boxing ring has signed a 12-month personal endorsement deal with Parimatch across the CIS region and Cyprus, which will see the former Heavyweight Champion of the world feature in Parimatch’s advertising and marketing materials and consumer brand activations from August. “I have always followed my path to victory without any compromises. Nothing could ever stop me! Obsession to be the best, determination and courage, passion for what you do – it's all about me and Parimatch. The team at Parimatch is extremely passionate and that's what attracted me in negotiations with them. I am ready to join the winning team of Parimatch because they are fired up to win!”, Mike Tyson. Mike Tyson is the undisputed world champion of professional boxing, a member of the International Boxing Hall of Fame, he is the highest paid heavyweight boxer in history. Tyson holds the world record as the youngest world heavyweight champion (at the age of 20 years, 4 months and 22 days), and successfully defended his champion title six times in a row (WBC, WBA, IBF). With results like these, there is no question that Mike Tyson perfectly embodies Parimatch’s fighting spirit. His status as the undisputed champion of the world not only in boxing, but the whole sporting arena, will inspire Parimatch’s customers to see that with ambition, strength and fearlessness, nothing can stop them from achieving their goals and becoming winners. Mike Tyson’s appointment compliments Parimatch’s refreshed and relaunched branding, which is designed to complement the lifestyle of our two million strong customer base, whilst offering one of the leading betting platforms in the CIS region. Mike Tyson’s status as a global sporting hero perfectly aligns with this new brand ideology – to be a victorious global brand in sports betting. Mike Tyson is a legend in boxing, and Parimatch is legendary in sports betting, which is why he is the perfect addition to Parimatch’s winning team of brand ambassadors, who include MMA superstar Conor McGregor, and UFC fighters Alexey Oleynik, Petr Yan and the Shevchenko sisters. “Iron Mike Tyson has always dared to show his mettle and so does Parimatch. He is a global sporting legend who perfectly embodies our fighting spirit,” commented Sergey Portnov. Parimatch team welcomes Mike on board! Ready to fire up!

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HOT
04 July 2019
Press releases

World legend Mike Tyson joins Parimatch as brand ambassador

4th July 2019 – Parimatch, the international betting holding, has today announced Mike Tyson as its latest brand ambassador. The king of the boxing ring has signed a 12-month personal endorsement deal with Parimatch across the CIS region and Cyprus, which will see the former Heavyweight Champion of the world feature in Parimatch’s advertising and marketing materials and consumer brand activations from August. “I have always followed my path to victory without any compromises. Nothing could ever stop me! Obsession to be the best, determination and courage, passion for what you do – it's all about me and Parimatch. The team at Parimatch is extremely passionate and that's what attracted me in negotiations with them. I am ready to join the winning team of Parimatch because they are fired up to win!”, Mike Tyson. Mike Tyson is the undisputed world champion of professional boxing, a member of the International Boxing Hall of Fame, he is the highest paid heavyweight boxer in history. Tyson holds the world record as the youngest world heavyweight champion (at the age of 20 years, 4 months and 22 days), and successfully defended his champion title six times in a row (WBC, WBA, IBF). With results like these, there is no question that Mike Tyson perfectly embodies Parimatch’s fighting spirit. His status as the undisputed champion of the world not only in boxing, but the whole sporting arena, will inspire Parimatch’s customers to see that with ambition, strength and fearlessness, nothing can stop them from achieving their goals and becoming winners. Mike Tyson’s appointment compliments Parimatch’s refreshed and relaunched branding, which is designed to complement the lifestyle of our two million strong customer base, whilst offering one of the leading betting platforms in the CIS region. Mike Tyson’s status as a global sporting hero perfectly aligns with this new brand ideology – to be a victorious global brand in sports betting. Mike Tyson is a legend in boxing, and Parimatch is legendary in sports betting, which is why he is the perfect addition to Parimatch’s winning team of brand ambassadors, who include MMA superstar Conor McGregor, and UFC fighters Alexey Oleynik, Petr Yan and the Shevchenko sisters. “Iron Mike Tyson has always dared to show his mettle and so does Parimatch. He is a global sporting legend who perfectly embodies our fighting spirit,” commented Sergey Portnov. Parimatch team welcomes Mike on board! Ready to fire up!

Read more
HOT
25 June 2019

Dare. Apply. Get shortlisted!

Success lies in innovation. It is undeniable that businesses with an agile mindset can get ahead of their competitors; and even market leaders are susceptible to disruption. Competitive edge lies at the heart of the EGR Marketing & Innovation Awards, one of the most prestigious awards in iGaming and betting. It is an excellent platform for celebrating creativity and commercial success in the industry, recognizing the companies that have truly pushed boundaries. This year’s EGR Marketing & Innovation Awards is set to be the biggest and best yet, attracting over 250 industry professionals, who are all competing for the top accolades. After a year of phenomenal achievements, we are proud to announce that Parimatch is shortlisted for not one, but three categories, including: Innovation in casino; Sportsbook marketing campaign; Best use of a brand ambassador! Most recently, we signed MMA superstar Conor McGregor as our official brand ambassador for CIS and Cyprus, to represent Parimatch’s fighting spirit and to announce our bold rebranding, which was a great success. We are heading to London for the awards ceremony in June, and just like Conor, are fired up to win!

Read more
HOT
25 June 2019
Press releases

Dare. Apply. Get shortlisted!

Success lies in innovation. It is undeniable that businesses with an agile mindset can get ahead of their competitors; and even market leaders are susceptible to disruption. Competitive edge lies at the heart of the EGR Marketing & Innovation Awards, one of the most prestigious awards in iGaming and betting. It is an excellent platform for celebrating creativity and commercial success in the industry, recognizing the companies that have truly pushed boundaries. This year’s EGR Marketing & Innovation Awards is set to be the biggest and best yet, attracting over 250 industry professionals, who are all competing for the top accolades. After a year of phenomenal achievements, we are proud to announce that Parimatch is shortlisted for not one, but three categories, including: Innovation in casino; Sportsbook marketing campaign; Best use of a brand ambassador! Most recently, we signed MMA superstar Conor McGregor as our official brand ambassador for CIS and Cyprus, to represent Parimatch’s fighting spirit and to announce our bold rebranding, which was a great success. We are heading to London for the awards ceremony in June, and just like Conor, are fired up to win!

Read more
HOT
16 April 2019

Are you still wasting money on low-quality traffic?

With the rise of internet gambling, the number of people looking to commit fraud against bookmakers has increased. To stay ahead of the game new and innovative technology needs to be employed to avoid the negative impact of affiliate programme fraudsters on a business. An expert from international online betting holding Parimatch explains how it tackles fraudulent behavior. Why do online gambling businesses, in particular, attract fraudulent behavior? The main aim of fraudsters in affiliate programmes is to earn money, even if it is illegal. These fraudulent programmes attract low-quality traffic which bookmakers are paying for up until the business can identify that the traffic is not genuine. How is it possible to identify a fraudster from a legitimate customer? Affiliate programme fraudsters are divided into two types – “multi-accounting” and “bonus hunting.” Multi-accounting is the act of creating multiple accounts by one person. Usually, after registration and the first deposit – account activity diminishes. The bookmaker pays for each account created, so the generation of more than one account per user is a financial loss for the business. Bonus hunters are users who only play bonus-based games. As soon as they cash their bonus in, their account activity reduces to zero. Is it possible for a business to protect itself from this kind of fraudulent behavior? It is possible. Bookmakers should look to analyze and identify user behavior patterns in the early stages, to identify any potential fraudulent account activity. What does Parimatch do to protect itself from these kinds of fraudsters? In addition to using automated fraud detection programmers, Parimatch employs specialists whose primary task is to pre-assess the quality of each account created. The exact details of this process are confidential. Looking to the future, Parimatch plans to implement “fingerprint technology,” which can detect the unique online “imprint” of internet users. Thanks to this innovative technology, it will be possible to track and act against large scale fraudsters. Is it possible to completely stop any fraudulent activity? Unfortunately, it is impossible to eradicate low-quality traffic in affiliate programmes completely. If there is a way to earn easy money, fraudsters will always find it. The best a business can do to protect itself is to detect anomalies in user behavior as early as possible.

Read more
HOT
16 April 2019
Interviews

Are you still wasting money on low-quality traffic?

With the rise of internet gambling, the number of people looking to commit fraud against bookmakers has increased. To stay ahead of the game new and innovative technology needs to be employed to avoid the negative impact of affiliate programme fraudsters on a business. An expert from international online betting holding Parimatch explains how it tackles fraudulent behavior. Why do online gambling businesses, in particular, attract fraudulent behavior? The main aim of fraudsters in affiliate programmes is to earn money, even if it is illegal. These fraudulent programmes attract low-quality traffic which bookmakers are paying for up until the business can identify that the traffic is not genuine. How is it possible to identify a fraudster from a legitimate customer? Affiliate programme fraudsters are divided into two types – “multi-accounting” and “bonus hunting.” Multi-accounting is the act of creating multiple accounts by one person. Usually, after registration and the first deposit – account activity diminishes. The bookmaker pays for each account created, so the generation of more than one account per user is a financial loss for the business. Bonus hunters are users who only play bonus-based games. As soon as they cash their bonus in, their account activity reduces to zero. Is it possible for a business to protect itself from this kind of fraudulent behavior? It is possible. Bookmakers should look to analyze and identify user behavior patterns in the early stages, to identify any potential fraudulent account activity. What does Parimatch do to protect itself from these kinds of fraudsters? In addition to using automated fraud detection programmers, Parimatch employs specialists whose primary task is to pre-assess the quality of each account created. The exact details of this process are confidential. Looking to the future, Parimatch plans to implement “fingerprint technology,” which can detect the unique online “imprint” of internet users. Thanks to this innovative technology, it will be possible to track and act against large scale fraudsters. Is it possible to completely stop any fraudulent activity? Unfortunately, it is impossible to eradicate low-quality traffic in affiliate programmes completely. If there is a way to earn easy money, fraudsters will always find it. The best a business can do to protect itself is to detect anomalies in user behavior as early as possible.

Read more
HOT
11 April 2019

UFC fighter Alexey Oleynik signs as brand ambassador for Parimatch

April 9th 2019 Parimatch, the international betting holding, announced Alexey Oleynik, one of the most famous UFC fighters in Russia, as its latest brand ambassador. Parimatch is the exclusive betting partner to the UFC in the EMEA region, and already collaborates with leading UFC athletes including Conor McGregor, Peter Ian and the Shevchenko sisters. Oleynik will fight against the Dutchman Alistair Overeem at a UFC Fight Night 149 in St. Petersburg on April 20th, only the second time a UFC event has been held in Russia. Oleynik has been performing in mixed martial arts since 1996, with a record of 57 victories in 69 fights. Overeem has a record of 44 wins in 61 fights. Alexsey Oleynik said:“I am glad to join the Parimatch team at such an important moment in my career. I will do everything to prove my strength and power in the octagon in St Petersburg on April 20th. I am ready to win.” “We are delighted that Alexey Oleynik is joining Parimatch’s team of brand ambassadors, further strengthening our partnership with the UFC.” - Tamara Babits, CMO Parimatch. Parimatch has grown to become a leader in the global betting industry. The brand is represented in more than 60 countries. In Russia Parimatch brand is represented as a franchise by a local partner.

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11 April 2019
Press releases

UFC fighter Alexey Oleynik signs as brand ambassador for Parimatch

April 9th 2019 Parimatch, the international betting holding, announced Alexey Oleynik, one of the most famous UFC fighters in Russia, as its latest brand ambassador. Parimatch is the exclusive betting partner to the UFC in the EMEA region, and already collaborates with leading UFC athletes including Conor McGregor, Peter Ian and the Shevchenko sisters. Oleynik will fight against the Dutchman Alistair Overeem at a UFC Fight Night 149 in St. Petersburg on April 20th, only the second time a UFC event has been held in Russia. Oleynik has been performing in mixed martial arts since 1996, with a record of 57 victories in 69 fights. Overeem has a record of 44 wins in 61 fights. Alexsey Oleynik said:“I am glad to join the Parimatch team at such an important moment in my career. I will do everything to prove my strength and power in the octagon in St Petersburg on April 20th. I am ready to win.” “We are delighted that Alexey Oleynik is joining Parimatch’s team of brand ambassadors, further strengthening our partnership with the UFC.” - Tamara Babits, CMO Parimatch. Parimatch has grown to become a leader in the global betting industry. The brand is represented in more than 60 countries. In Russia Parimatch brand is represented as a franchise by a local partner.

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06 February 2019

Say hello to «new» Parimatch

After months of dedication and hard team work, the new branding has fired up everyone with its visual boldness, energy and dynamism – all qualities embodied by the products of the new-look Parimatch. On 6th February, Parimatch revealed the explosive news of its rebranding; and unveiled a two year personal endorsement deal with its first brand ambassador, MMA superstar Conor McGregor. Digital Choo (DC), the creative agency which worked on the marketing strategy for the rebrand, decided to share their perspective on the process of creating a promotional video for Parimatch, which was key to communicating the updated look. CEO of Digital Choo, Irina Kurochkina, commented: “The essence of Parimatch’s new brand philosophy “Fired up to win” captures the feeling experienced by those who can’t stand doing things by halves, people who always want to move quickly and get more, every day and in every walk of life.” As part of the campaign, it was decided to shoot a world-class video and involve specialists whose values resonate with those of Parimatch. After an extensive casting process involving directors, actors and composers, the best of the best were selected. Benjamin Nicolas, Director of the Parimatch promo video commented, “I am all about non-conformist ideas and dynamic videos with complex post-production logistics – this new campaign really had it all. And it was awesome! I feel very proud to have this production in my portfolio”. BACKSTAGE MOVIE – video “We wanted everyone to see our work and experience a real adrenalin rush and drive. We were focused on creating a world-class video to compete in quality with visual content produced by global brands such as Nike and Diesel. And we succeeded. A lot of effort was invested in the post and sound production. We lived and breathed the words Double speed, Qtake, chroma key, CGI, compositing SFX and color grading every day for [several of months]. Many thanks to the great team of professionals responsible for the incredibly detailed set and for every minute of high energy invested in this advertising campaign”, said Vladimir Kobets, Creative Director of DC, whilst sharing his impressions. To effectively deliver the key message of the campaign, a set of images and multi-platform communications materials were created in line with global design trends. To achieve this, a photo session was held to create high quality re-touched visuals. Now audiences can enjoy our brand presence through a variety of formats. For Parimatch, the rebranding process has become yet another challenge overcome, and Digital Choo once again proved its professionalism and credibility as our partners.

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06 February 2019
Press releases

Say hello to «new» Parimatch

After months of dedication and hard team work, the new branding has fired up everyone with its visual boldness, energy and dynamism – all qualities embodied by the products of the new-look Parimatch. On 6th February, Parimatch revealed the explosive news of its rebranding; and unveiled a two year personal endorsement deal with its first brand ambassador, MMA superstar Conor McGregor. Digital Choo (DC), the creative agency which worked on the marketing strategy for the rebrand, decided to share their perspective on the process of creating a promotional video for Parimatch, which was key to communicating the updated look. CEO of Digital Choo, Irina Kurochkina, commented: “The essence of Parimatch’s new brand philosophy “Fired up to win” captures the feeling experienced by those who can’t stand doing things by halves, people who always want to move quickly and get more, every day and in every walk of life.” As part of the campaign, it was decided to shoot a world-class video and involve specialists whose values resonate with those of Parimatch. After an extensive casting process involving directors, actors and composers, the best of the best were selected. Benjamin Nicolas, Director of the Parimatch promo video commented, “I am all about non-conformist ideas and dynamic videos with complex post-production logistics – this new campaign really had it all. And it was awesome! I feel very proud to have this production in my portfolio”. BACKSTAGE MOVIE – video “We wanted everyone to see our work and experience a real adrenalin rush and drive. We were focused on creating a world-class video to compete in quality with visual content produced by global brands such as Nike and Diesel. And we succeeded. A lot of effort was invested in the post and sound production. We lived and breathed the words Double speed, Qtake, chroma key, CGI, compositing SFX and color grading every day for [several of months]. Many thanks to the great team of professionals responsible for the incredibly detailed set and for every minute of high energy invested in this advertising campaign”, said Vladimir Kobets, Creative Director of DC, whilst sharing his impressions. To effectively deliver the key message of the campaign, a set of images and multi-platform communications materials were created in line with global design trends. To achieve this, a photo session was held to create high quality re-touched visuals. Now audiences can enjoy our brand presence through a variety of formats. For Parimatch, the rebranding process has become yet another challenge overcome, and Digital Choo once again proved its professionalism and credibility as our partners.

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06 February 2019

Parimatch teams up with MMA legend Conor McGregor and unveils its new brand look

Parimatch, the international betting company, has launched a new brand campaign and look and at the same time has unveiled Conor McGregor as its first brand ambassador. The mixed martial arts (MMA) superstar has signed a two-year personal endorsement deal with Parimatch across the CIS and Cyprus region. The global icon with Irish roots and Parimatch will collaborate on promotional content and consumer activations. The signing builds on Parimatch’s strong brand presence in MMA after they became the UFC’s official betting and wagering partner for EMEA in July 2018. “Parimatch has a fighter’s spirit built into its culture. As soon as I met them, I could identify and relate to their values. I had no doubt that it was a brand that I wanted to bet my name on,” commented Conor McGregor on his decision to collaborate with Parimatch. McGregor will be the face of Parimatch’s new brand look, which was developed in collaboration with creative partners Digital Choo and BANDA. A large amount of research was carried out exploring Parimatch’s target audience and customers, with the refreshed brand now more compatible and complementary to their lifestyles. Our hero is a hero, who follows his intuition and continues to easily, confidently bypass obstacles. For him, there are no barriers on the way to the main goal - he is ready to win! With this approach, Parimatch continues its development and growth strategy. Parimatch now has almost two million users and the new brand will go beyond being just a betting platform, it will provide content and connections to other parts of their customers’ lives, including up-to-date news, music and fitness advice. “The best words to describe the refreshed Parimatch style are ‘dynamic’, ‘boldness’ and ‘motion’. Bringing more motion, dynamism and flexible layouts have helped convey and enhance Parimatch’s character across its digital platforms. The main role in a new video belongs to a blogger and workouter from Kazakhstan, Islam Badurgov, who was confirmed for this role personally by Conor MacGregor. They met in the fall of 2018 at the UFC tournament in Gdansk, after which Islam started working out in the Conor’s SBG gym with his personal trainer. Also, professional sportsmen were involved in a shooting of the new video for Parimatch. The new look aligns with Parimatch’s focus on cutting-edge sports and will debut via a multi-channel campaign in every region the company operates in simultaneously on 6 February. The updated Parimatch visual style is aligned with broader global design trends. A bold modern solution was selected that reflects the character of Parimatch. The new logo has both a sharpness and a dynamism, and a bright neon color of electric yellow which fires up to win. Follow our new brand changes from February 6, 9:00 CET.

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06 February 2019
Press releases

Parimatch teams up with MMA legend Conor McGregor and unveils its new brand look

Parimatch, the international betting company, has launched a new brand campaign and look and at the same time has unveiled Conor McGregor as its first brand ambassador. The mixed martial arts (MMA) superstar has signed a two-year personal endorsement deal with Parimatch across the CIS and Cyprus region. The global icon with Irish roots and Parimatch will collaborate on promotional content and consumer activations. The signing builds on Parimatch’s strong brand presence in MMA after they became the UFC’s official betting and wagering partner for EMEA in July 2018. “Parimatch has a fighter’s spirit built into its culture. As soon as I met them, I could identify and relate to their values. I had no doubt that it was a brand that I wanted to bet my name on,” commented Conor McGregor on his decision to collaborate with Parimatch. McGregor will be the face of Parimatch’s new brand look, which was developed in collaboration with creative partners Digital Choo and BANDA. A large amount of research was carried out exploring Parimatch’s target audience and customers, with the refreshed brand now more compatible and complementary to their lifestyles. Our hero is a hero, who follows his intuition and continues to easily, confidently bypass obstacles. For him, there are no barriers on the way to the main goal - he is ready to win! With this approach, Parimatch continues its development and growth strategy. Parimatch now has almost two million users and the new brand will go beyond being just a betting platform, it will provide content and connections to other parts of their customers’ lives, including up-to-date news, music and fitness advice. “The best words to describe the refreshed Parimatch style are ‘dynamic’, ‘boldness’ and ‘motion’. Bringing more motion, dynamism and flexible layouts have helped convey and enhance Parimatch’s character across its digital platforms. The main role in a new video belongs to a blogger and workouter from Kazakhstan, Islam Badurgov, who was confirmed for this role personally by Conor MacGregor. They met in the fall of 2018 at the UFC tournament in Gdansk, after which Islam started working out in the Conor’s SBG gym with his personal trainer. Also, professional sportsmen were involved in a shooting of the new video for Parimatch. The new look aligns with Parimatch’s focus on cutting-edge sports and will debut via a multi-channel campaign in every region the company operates in simultaneously on 6 February. The updated Parimatch visual style is aligned with broader global design trends. A bold modern solution was selected that reflects the character of Parimatch. The new logo has both a sharpness and a dynamism, and a bright neon color of electric yellow which fires up to win. Follow our new brand changes from February 6, 9:00 CET.

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28 January 2019

Warming up! World`s cases on rebranding

Today’s fast-paced world brings about dramatic changes not just for individuals, but businesses too. To remain competitive, it is crucial that companies keep up with the global mega-trends driving consumer demand. Today’s fast-paced world brings about dramatic changes not just for individuals, but businesses too. To remain competitive, it is crucial that companies keep up with the global mega-trends driving consumer demand. Parimatch is no exception and very soon, we will be sharing details about the revolutionary changes we have made to our business. In the meantime, we would like to share examples of major changes made by other businesses in order to retain their leading position in the industry and align with their key audiences. One of the most transformational processes a company can undergo is a strategic rebranding, which affects not just visual aspects of a brand, but a company’s entire marketing strategy. The success of rebranding process depends on effective communication with target audiences, to explain the rationale and goals behind the changes to the company's brand. For this purpose, companies publish a “brand book”, which informs stakeholders about the development of the new brand, as well as the key principles and intended future for the new visual identity of the company. We have selected some best in class examples of rebranding from world leaders in the betting industry, who decided to introduce drastic changes to their visual branding. Case study: Sky Sports You have probably heard not only about Sky Sports group, a giant in the field of sports television, but also the well-known betting company Sky Bet, which used to share the same parent organization. After the decision was taken to refresh their look, Sky Sports launched its new brand identity not only with a high-quality visual illustration, but with a reiteration of the company's history and, importantly, the story behind the new logo. In this way, the rebranding was rooted in the company’s heritage, and so was an evolution of the company whilst still marking a new era. The way how it was presented to the public can be seen at: http://www.nomadstudio.com/work/skysports/ Case study: LADBROKES Ladbrokes, a betting company with British roots, decided to not rely solely on gaining media coverage to launch its new brand, but to deliver a multimedia campaign which would showcase its new look. As part of this multichannel strategy, Ladbrokes produced a video commercial, with the aim of reaching a wider audience to deliver key messages about what makes Ladbrokes customers so unique. The video commercial was the cornerstone of the rebranding campaign: The key to a successful rebranding is the identification of your customer, and for this reason, the customer should always be the primary target for communicating an updated and refreshed brand look. Parimatch has found its target customer and will soon announce visually explosive news! Stay tuned…

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28 January 2019
News

Warming up! World`s cases on rebranding

Today’s fast-paced world brings about dramatic changes not just for individuals, but businesses too. To remain competitive, it is crucial that companies keep up with the global mega-trends driving consumer demand. Today’s fast-paced world brings about dramatic changes not just for individuals, but businesses too. To remain competitive, it is crucial that companies keep up with the global mega-trends driving consumer demand. Parimatch is no exception and very soon, we will be sharing details about the revolutionary changes we have made to our business. In the meantime, we would like to share examples of major changes made by other businesses in order to retain their leading position in the industry and align with their key audiences. One of the most transformational processes a company can undergo is a strategic rebranding, which affects not just visual aspects of a brand, but a company’s entire marketing strategy. The success of rebranding process depends on effective communication with target audiences, to explain the rationale and goals behind the changes to the company's brand. For this purpose, companies publish a “brand book”, which informs stakeholders about the development of the new brand, as well as the key principles and intended future for the new visual identity of the company. We have selected some best in class examples of rebranding from world leaders in the betting industry, who decided to introduce drastic changes to their visual branding. Case study: Sky Sports You have probably heard not only about Sky Sports group, a giant in the field of sports television, but also the well-known betting company Sky Bet, which used to share the same parent organization. After the decision was taken to refresh their look, Sky Sports launched its new brand identity not only with a high-quality visual illustration, but with a reiteration of the company's history and, importantly, the story behind the new logo. In this way, the rebranding was rooted in the company’s heritage, and so was an evolution of the company whilst still marking a new era. The way how it was presented to the public can be seen at: http://www.nomadstudio.com/work/skysports/ Case study: LADBROKES Ladbrokes, a betting company with British roots, decided to not rely solely on gaining media coverage to launch its new brand, but to deliver a multimedia campaign which would showcase its new look. As part of this multichannel strategy, Ladbrokes produced a video commercial, with the aim of reaching a wider audience to deliver key messages about what makes Ladbrokes customers so unique. The video commercial was the cornerstone of the rebranding campaign: The key to a successful rebranding is the identification of your customer, and for this reason, the customer should always be the primary target for communicating an updated and refreshed brand look. Parimatch has found its target customer and will soon announce visually explosive news! Stay tuned…

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08 December 2018

SBC Awards 2018 produces a record 32 different winners

Sergey Portnov, CEO of Parimatch, was given the biggest individual accolade after being named Leader of the Year. Aссording to SBC news, published by Luke Massey, December 5, 2018, 32 different companies were recognized for excellence in the sports and gaming industries at SBC Awards ceremony in London, with bet365 taking home the Bookmaker of the Year prize once again. The author writes: “On a night of festive-themed celebration for the industry, bet365 stole the show in front of 700 attendees at The Artillery Garden, before Sergey Portnov, CEO of Parimatch, was given the biggest individual accolade after being named Leader of the Year.” Andrew McCarron, Managing Director at SBC, commented: “Congratulations to everyone who has been recognized for excellent performance by the Sports Betting Community. This year the quality and quantity of entries increased dramatically so all the winners had to work exceptionally hard to stand out from their competition. And congratulations to Sergey Portnov at Parimatch for being crowned Leader of the Year. It was well deserved.” Parimatch’s Sergey Portnov was awarded the Leader of the Year Award after a very fruitful 2018. Portnov has managed to transform the company since his arrival in 2011 at the age of 23. He has also put much energy into switching Parimatch from offline to online focused, expanding Parimatch’s R&D department from 5 to 200 people in just a couple of years. It was also mentioned that under Portnov’s leadership, the company has become a friendly team with shared estimations of solidarity, integrity, and duty, and moved towards a greater dimension of straightforwardness – both internally and externally. Portnov has also decentralized activities to provide more freedom and power to his regional teams. Portnov said: “Parimatch has come a long way in a short period of time. We are ambitious and want to continue to grow our brand and offer. These awards are a recognition of the hard work of all our staff and their belief in our vision for the business.” The other multiple winners of SBC this year were SG Digital (Standalone Platform Provider of the Year and Best Live Betting Product), Betgenius (Esports Supplier of the Year and Innovation of the Year in partnership with Sportcast), Betradar (Best Live Streaming Product and Best Sports Data Product), and the now five-time Bookmaker of the Year – bet365. For a full list of winners at SBC Awards 2018, click here. Source:https://www.sbcnews.co.uk/events/2018/12/05/sbc-awards-2018-produces-a-record-32-different-winners/

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08 December 2018
News

SBC Awards 2018 produces a record 32 different winners

Sergey Portnov, CEO of Parimatch, was given the biggest individual accolade after being named Leader of the Year. Aссording to SBC news, published by Luke Massey, December 5, 2018, 32 different companies were recognized for excellence in the sports and gaming industries at SBC Awards ceremony in London, with bet365 taking home the Bookmaker of the Year prize once again. The author writes: “On a night of festive-themed celebration for the industry, bet365 stole the show in front of 700 attendees at The Artillery Garden, before Sergey Portnov, CEO of Parimatch, was given the biggest individual accolade after being named Leader of the Year.” Andrew McCarron, Managing Director at SBC, commented: “Congratulations to everyone who has been recognized for excellent performance by the Sports Betting Community. This year the quality and quantity of entries increased dramatically so all the winners had to work exceptionally hard to stand out from their competition. And congratulations to Sergey Portnov at Parimatch for being crowned Leader of the Year. It was well deserved.” Parimatch’s Sergey Portnov was awarded the Leader of the Year Award after a very fruitful 2018. Portnov has managed to transform the company since his arrival in 2011 at the age of 23. He has also put much energy into switching Parimatch from offline to online focused, expanding Parimatch’s R&D department from 5 to 200 people in just a couple of years. It was also mentioned that under Portnov’s leadership, the company has become a friendly team with shared estimations of solidarity, integrity, and duty, and moved towards a greater dimension of straightforwardness – both internally and externally. Portnov has also decentralized activities to provide more freedom and power to his regional teams. Portnov said: “Parimatch has come a long way in a short period of time. We are ambitious and want to continue to grow our brand and offer. These awards are a recognition of the hard work of all our staff and their belief in our vision for the business.” The other multiple winners of SBC this year were SG Digital (Standalone Platform Provider of the Year and Best Live Betting Product), Betgenius (Esports Supplier of the Year and Innovation of the Year in partnership with Sportcast), Betradar (Best Live Streaming Product and Best Sports Data Product), and the now five-time Bookmaker of the Year – bet365. For a full list of winners at SBC Awards 2018, click here. Source:https://www.sbcnews.co.uk/events/2018/12/05/sbc-awards-2018-produces-a-record-32-different-winners/

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05 December 2018

Parimatch’s CEO wins accolade at the SBC Awards 2018 in London

  Parimatch’s CEO, Sergey Portnov won the highly coveted “Leader of the year” award at the SBC Awards held in London. The category celebrates the achievements of the most influential industry figures, with Sergey being recognised for his work in transforming and rapidly expanding the global operations of the business since taking on the role in 2011. Sergey has led the transition of the business from an offline to online betting company and expanded the R&D department from just five to 200 employees in five years. Since 2016, Parimatch Holding has expanded internationally and is now operating in Cyprus, Belarus, Kazakhstan, Georgia and Tanzania. Parimatch was also nominated for the “Sponsorship of the Year” award for the company’s multi-year partnership with UFC as its official EMEA betting and wagering partner. The sponsorship deal was announced back in July 2018, making Parimatch the UFC’s first-ever marketing partner from the CIS region. This is the first time Parimatch has received nominations at the SBC Awards, which recognise achievements in expertise and innovation across the betting and gaming industries. The event was attended by over 700 sports betting industry operators and affiliates. These awards come after a hugely successful year for Parimatch, as the number of new registered users increased by almost a quarter, and bets per day reached a peak of more than 1,000,000, representing a 40% increase year-on-year. Sergey Portnov, CEO Parimatch, said: Parimatch has come a long a way in a short period of time. We are ambitious and want to continue to grow our brand and offer. These awards are a recognition of the hard work of all our staff and their belief in our vision for the business.

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05 December 2018
Press releases

Parimatch’s CEO wins accolade at the SBC Awards 2018 in London

  Parimatch’s CEO, Sergey Portnov won the highly coveted “Leader of the year” award at the SBC Awards held in London. The category celebrates the achievements of the most influential industry figures, with Sergey being recognised for his work in transforming and rapidly expanding the global operations of the business since taking on the role in 2011. Sergey has led the transition of the business from an offline to online betting company and expanded the R&D department from just five to 200 employees in five years. Since 2016, Parimatch Holding has expanded internationally and is now operating in Cyprus, Belarus, Kazakhstan, Georgia and Tanzania. Parimatch was also nominated for the “Sponsorship of the Year” award for the company’s multi-year partnership with UFC as its official EMEA betting and wagering partner. The sponsorship deal was announced back in July 2018, making Parimatch the UFC’s first-ever marketing partner from the CIS region. This is the first time Parimatch has received nominations at the SBC Awards, which recognise achievements in expertise and innovation across the betting and gaming industries. The event was attended by over 700 sports betting industry operators and affiliates. These awards come after a hugely successful year for Parimatch, as the number of new registered users increased by almost a quarter, and bets per day reached a peak of more than 1,000,000, representing a 40% increase year-on-year. Sergey Portnov, CEO Parimatch, said: Parimatch has come a long a way in a short period of time. We are ambitious and want to continue to grow our brand and offer. These awards are a recognition of the hard work of all our staff and their belief in our vision for the business.

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22 October 2018

Relocating to Cyprus: The Human Factor

Two years ago, Parimatch, an international holding company with offices in seven countries, decided to transfer its Head office to Limassol. Relocate your employee wisely. HR team in the expansion process. Deciding to expand a business to international markets is both exciting and intimidating. This process requires extensive resources, and sometimes it is hard to accomplish great results in short terms. Parimatch is an international Holding with land-based offices in seven countries around the world. Two years ago we relocated our Head office and some of the key employees to Limassol, Cyprus within three months. The brightest ideas and the best business plans can fail if a company doesn`t have people or the employees aren`t motivated and satisfied. That is why Parimatch has a deep conviction that the HR Manager is the second most important person after a domestic executive partner or general manager in the process of launching a new foreign office. Moreover, the HR Manager should be native to the country where the office opens in and should have vast experience. It is essential to find one while forming a local team. Of course, recruiting can be done remotely using agencies. The purpose is not only to recruit but also to retain the company's most important asset – people. Indeed, that is a job for a professional and reputable HR Manager. The HR Manager creates an HR team, which plays a role of the fair judge between the employee and the organization so both could benefit. When native to the region, the HR team becomes essential during the relocation of employees from another country. All organizational questions (taxes, place to live, medicine, etc.) can only be answered by a person who is native to the region. Local HR team helps to solve these issues for the employees, so they can freely engage into the working process as soon as possible. While relocating employees, you should take into account that changing a place of residence even because of a highly paid work, is always a risk and a doubt for a person. Therefore, if an employee is of high importance for the company you should provide more care, show your concern, give something that is worth changing life and foundations. Money is not always the best motivation. The other important mission of the HR team is to adopt cultures, manage them and create a comfortable environment for everyone. It is a great challenge to unite people from different cultures with different mentalities into a productive and successful team! It is the primary challenge for the HR team in conditions of global mobility. Having decided to move our Head office to Cyprus, we`ve managed our policies according to the legal environment of the region, obtained a license and stick to our responsibilities before the government and society. Parimatch contributes to the local communities through our CSR activities. We have already held activities helping local schools and charity funds (Sophia Foundation, "Let's Hippo" project, visited Iacovou Swimming Centre). We contribute to sports. Parimatch is the main partner of the local FC APOEL and the sponsor of the new training center Parimatch - Archangelos. Parimatch is a reliable employer who invests in their people and creates comfortable conditions for them. We have already established our own "world" in one of the business centers in Limassol, where the relocated employees and the local specialists work comfortably side-by-side. We have created a unique culture where it is easy to develop, share experiences and create new assets. Now we can state that if we had not formed the local HR team first, we would have been ten steps back from where we are now.

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22 October 2018
Interviews

Relocating to Cyprus: The Human Factor

Two years ago, Parimatch, an international holding company with offices in seven countries, decided to transfer its Head office to Limassol. Relocate your employee wisely. HR team in the expansion process. Deciding to expand a business to international markets is both exciting and intimidating. This process requires extensive resources, and sometimes it is hard to accomplish great results in short terms. Parimatch is an international Holding with land-based offices in seven countries around the world. Two years ago we relocated our Head office and some of the key employees to Limassol, Cyprus within three months. The brightest ideas and the best business plans can fail if a company doesn`t have people or the employees aren`t motivated and satisfied. That is why Parimatch has a deep conviction that the HR Manager is the second most important person after a domestic executive partner or general manager in the process of launching a new foreign office. Moreover, the HR Manager should be native to the country where the office opens in and should have vast experience. It is essential to find one while forming a local team. Of course, recruiting can be done remotely using agencies. The purpose is not only to recruit but also to retain the company's most important asset – people. Indeed, that is a job for a professional and reputable HR Manager. The HR Manager creates an HR team, which plays a role of the fair judge between the employee and the organization so both could benefit. When native to the region, the HR team becomes essential during the relocation of employees from another country. All organizational questions (taxes, place to live, medicine, etc.) can only be answered by a person who is native to the region. Local HR team helps to solve these issues for the employees, so they can freely engage into the working process as soon as possible. While relocating employees, you should take into account that changing a place of residence even because of a highly paid work, is always a risk and a doubt for a person. Therefore, if an employee is of high importance for the company you should provide more care, show your concern, give something that is worth changing life and foundations. Money is not always the best motivation. The other important mission of the HR team is to adopt cultures, manage them and create a comfortable environment for everyone. It is a great challenge to unite people from different cultures with different mentalities into a productive and successful team! It is the primary challenge for the HR team in conditions of global mobility. Having decided to move our Head office to Cyprus, we`ve managed our policies according to the legal environment of the region, obtained a license and stick to our responsibilities before the government and society. Parimatch contributes to the local communities through our CSR activities. We have already held activities helping local schools and charity funds (Sophia Foundation, "Let's Hippo" project, visited Iacovou Swimming Centre). We contribute to sports. Parimatch is the main partner of the local FC APOEL and the sponsor of the new training center Parimatch - Archangelos. Parimatch is a reliable employer who invests in their people and creates comfortable conditions for them. We have already established our own "world" in one of the business centers in Limassol, where the relocated employees and the local specialists work comfortably side-by-side. We have created a unique culture where it is easy to develop, share experiences and create new assets. Now we can state that if we had not formed the local HR team first, we would have been ten steps back from where we are now.

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09 July 2018

UFC names Parimatch as official betting and wagering partner

UFC®, the world’s premier mixed martial arts organization, and international betting company Parimatch have announced a new, multi-year partnership that establishes Parimatch as the “Official Betting and Wagering Partner of UFC” across the entire EMEA (Europe, Middle East and Africa) region, excluding the United Kingdom and Ireland. The new international collaboration also makes history as Parimatch will serve as UFC’s first-ever marketing partner from the Commonwealth of Independent States (CIS) region. Parimatch will also serve as the “Presenting Partner” of UFC’s first-ever event in Russia, UFC FIGHT NIGHT®: MOSCOW, on Saturday, September 15, at Olimpiysky Stadium in Moscow. “We are thrilled to be in business with Parimatch, a global brand that has grown from a small firm to one of the world’s largest international gaming networks in just a few short decades,” UFC Vice President, International Marketing Partnerships Rene Valencia said. “We look forward to working with Parimatch as we continue to grow our brand and the sport of MMA around the world.” This partnership represents a unique and unprecedented step for Parimatch into the promotion of mixed martial arts globally, while also signifying the growth and popularity of UFC in this territory. “Partnering with UFC is a massive for our holding ad for the continued growth of mixed martial arts as a whole,” Parimatch General Manager Sergei Portnov said. “Our cooperation will mean that the Parimatch brand can infuse with the DNA of mixed martial arts in several countries and regions at once. On September 15, UFC will hold its first event in Russia and it will be a great showcase for our new collaboration.” Among the sponsorship elements included with this partnership, athletes competing during UFC events held in the EMEA, Russia and CIS region (excluding UK and Ireland events) will feature Parimatch branding on their UFC Fight Collection. In addition to serving as a presenting sponsor during select live events in the territory, Parimatch branding will have a presence inside UFC’s world-famous Octagon®, on UFC.com and live-event programming, as well as being integrated across multiple UFC-based social and digital platforms. Parimatch is currently developing its sports betting business throughout the EMEA region, as its sponsorship portfolio also includes contracts with several top European football clubs. Parimatch’s partnership with UFC marks a new line of development for the company, with support for the sport of mixed martial arts as a key priority.

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HOT
09 July 2018
Press releases

UFC names Parimatch as official betting and wagering partner

UFC®, the world’s premier mixed martial arts organization, and international betting company Parimatch have announced a new, multi-year partnership that establishes Parimatch as the “Official Betting and Wagering Partner of UFC” across the entire EMEA (Europe, Middle East and Africa) region, excluding the United Kingdom and Ireland. The new international collaboration also makes history as Parimatch will serve as UFC’s first-ever marketing partner from the Commonwealth of Independent States (CIS) region. Parimatch will also serve as the “Presenting Partner” of UFC’s first-ever event in Russia, UFC FIGHT NIGHT®: MOSCOW, on Saturday, September 15, at Olimpiysky Stadium in Moscow. “We are thrilled to be in business with Parimatch, a global brand that has grown from a small firm to one of the world’s largest international gaming networks in just a few short decades,” UFC Vice President, International Marketing Partnerships Rene Valencia said. “We look forward to working with Parimatch as we continue to grow our brand and the sport of MMA around the world.” This partnership represents a unique and unprecedented step for Parimatch into the promotion of mixed martial arts globally, while also signifying the growth and popularity of UFC in this territory. “Partnering with UFC is a massive for our holding ad for the continued growth of mixed martial arts as a whole,” Parimatch General Manager Sergei Portnov said. “Our cooperation will mean that the Parimatch brand can infuse with the DNA of mixed martial arts in several countries and regions at once. On September 15, UFC will hold its first event in Russia and it will be a great showcase for our new collaboration.” Among the sponsorship elements included with this partnership, athletes competing during UFC events held in the EMEA, Russia and CIS region (excluding UK and Ireland events) will feature Parimatch branding on their UFC Fight Collection. In addition to serving as a presenting sponsor during select live events in the territory, Parimatch branding will have a presence inside UFC’s world-famous Octagon®, on UFC.com and live-event programming, as well as being integrated across multiple UFC-based social and digital platforms. Parimatch is currently developing its sports betting business throughout the EMEA region, as its sponsorship portfolio also includes contracts with several top European football clubs. Parimatch’s partnership with UFC marks a new line of development for the company, with support for the sport of mixed martial arts as a key priority.

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HOT
29 April 2018

12 main features of "Employer of Choice"

The "Employer of Choice" attempts to provide an employee with the salary and benefits equal or even higher to those on the market. Most "Employers of Choice" offer a competitive pay package, add benefits to their employees, such as health insurance, paid sick leaves and holidays. Some employers can be recognized as "Employers of Choice" without these assets. However, they should have a strong vision in place. "Employer of Choice" key roles: Job security: Employees feel confident that their employer is financially healthy and they do not worry about losing their jobs. Instead, they focus on their goals and core tasks without worrying about job security. Empowerment and Authority: Employees have the power to make decisions and take responsibility for their work. They also know and have at their disposal the strategy of the company. They control their choices and the performance of the core responsibilities which makes progress in their goals. Respect: Employee may not always be right, and his/her ideas do not determine the direction and choices of the company, but with an "Employer of Choice," employee feels the respect from the superiors and colleagues, regardless of his/her position, gender, age, and nationality. Opportunity for Growth: From an “Employer of Choice”, employees feel encouraged to continue to develop their skills and careers. These employers offer planning of employee performance development and the opportunities for internal and external training. Assigning their work from the management side helps them to expand their skills. Access to Information: "Employers of Choice" share information with employees and this leads to the successful strategy outlined above. Employees feel like they are members of the team because they know what's going on. Commitment: “Employers of Choice” are committed to their employees and customers. This is reflected in many areas, in particular in Human Resources policies. The engagement is applied to strategies for retaining and motivating employees, for example, with free meals and drinks or corporate events. Involvement: In an “Employer of Choice” company, employees feel they have the opportunity to participate, make suggestions, think new products or service innovations, serve in employee committees to plan their events and company strategies, attend appropriate meetings and give advice on working processes that affect the company's strategy. Positive Relationships with Coworkers: The Gallup survey finds that employees are likely to have a good friend at work. On a larger scale, in an "Employer of Choice," collaborators enjoy working together. The organization treats a bad boss before he or she can adversely affect employees and the culture of work. Remember that workers usually leave bosses more than anything else in their workplace. They resign from their bosses rather than from the company. Work-Life Balance: An "Employer of Choice" provides privileges for work-life balance, such as flexible working hours, allowing employees to work uninterruptedly from their family and personal life events. These privileges minimize workers' stress levels and help them achieve the challenges of life more efficiently. Performance-Culture: An "Employer of Choice" finds ways to link the performance and interests of employees to those of the employer. For example, creating a reward system allows to reward employees` performance accordingly and provides regular guidance and feedback to them. Fairness: Perceptions of unfair treatment or workplace that favors certain persons over others for unknown and unclear reasons is a feature that does not exist in an "Employer of Choice." Employers must develop and implement their policies fairly, treat employees equally and make clear guidelines in the workplace. Recognition: “Employers of Choice” provide feedback to employees about their performance, growth prospects, achievements, and aspects that need improvement. One of the most potent forms of motivation is the recognition of workers. For an "Employer of Choice, "attention is systematic, aims at real success and is used to enhance positive, desirable behavior while helping them achieve their personal and professional goals. Of course, we indicated not all the characteristics of an "Employer of Choice," but if we consider that we will achieve a significant number of the above in our company, we are on the right track to successfully become an "Employer of Choice" that attracts and retains the best talents! Reputation as a good employer will surely yield from the preference of Human Resources. Companies must dare to become “Employers of Choice” to be able to have their talents and potential candidates. That is precisely what we aim to achieve in Parimatch!

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HOT
29 April 2018
Interviews

12 main features of "Employer of Choice"

The "Employer of Choice" attempts to provide an employee with the salary and benefits equal or even higher to those on the market. Most "Employers of Choice" offer a competitive pay package, add benefits to their employees, such as health insurance, paid sick leaves and holidays. Some employers can be recognized as "Employers of Choice" without these assets. However, they should have a strong vision in place. "Employer of Choice" key roles: Job security: Employees feel confident that their employer is financially healthy and they do not worry about losing their jobs. Instead, they focus on their goals and core tasks without worrying about job security. Empowerment and Authority: Employees have the power to make decisions and take responsibility for their work. They also know and have at their disposal the strategy of the company. They control their choices and the performance of the core responsibilities which makes progress in their goals. Respect: Employee may not always be right, and his/her ideas do not determine the direction and choices of the company, but with an "Employer of Choice," employee feels the respect from the superiors and colleagues, regardless of his/her position, gender, age, and nationality. Opportunity for Growth: From an “Employer of Choice”, employees feel encouraged to continue to develop their skills and careers. These employers offer planning of employee performance development and the opportunities for internal and external training. Assigning their work from the management side helps them to expand their skills. Access to Information: "Employers of Choice" share information with employees and this leads to the successful strategy outlined above. Employees feel like they are members of the team because they know what's going on. Commitment: “Employers of Choice” are committed to their employees and customers. This is reflected in many areas, in particular in Human Resources policies. The engagement is applied to strategies for retaining and motivating employees, for example, with free meals and drinks or corporate events. Involvement: In an “Employer of Choice” company, employees feel they have the opportunity to participate, make suggestions, think new products or service innovations, serve in employee committees to plan their events and company strategies, attend appropriate meetings and give advice on working processes that affect the company's strategy. Positive Relationships with Coworkers: The Gallup survey finds that employees are likely to have a good friend at work. On a larger scale, in an "Employer of Choice," collaborators enjoy working together. The organization treats a bad boss before he or she can adversely affect employees and the culture of work. Remember that workers usually leave bosses more than anything else in their workplace. They resign from their bosses rather than from the company. Work-Life Balance: An "Employer of Choice" provides privileges for work-life balance, such as flexible working hours, allowing employees to work uninterruptedly from their family and personal life events. These privileges minimize workers' stress levels and help them achieve the challenges of life more efficiently. Performance-Culture: An "Employer of Choice" finds ways to link the performance and interests of employees to those of the employer. For example, creating a reward system allows to reward employees` performance accordingly and provides regular guidance and feedback to them. Fairness: Perceptions of unfair treatment or workplace that favors certain persons over others for unknown and unclear reasons is a feature that does not exist in an "Employer of Choice." Employers must develop and implement their policies fairly, treat employees equally and make clear guidelines in the workplace. Recognition: “Employers of Choice” provide feedback to employees about their performance, growth prospects, achievements, and aspects that need improvement. One of the most potent forms of motivation is the recognition of workers. For an "Employer of Choice, "attention is systematic, aims at real success and is used to enhance positive, desirable behavior while helping them achieve their personal and professional goals. Of course, we indicated not all the characteristics of an "Employer of Choice," but if we consider that we will achieve a significant number of the above in our company, we are on the right track to successfully become an "Employer of Choice" that attracts and retains the best talents! Reputation as a good employer will surely yield from the preference of Human Resources. Companies must dare to become “Employers of Choice” to be able to have their talents and potential candidates. That is precisely what we aim to achieve in Parimatch!

Read more
HOT
27 April 2018

Employer of Choice

With each year corporate culture becomes more and more popular in huge, innovative companies. Employers take care of inside the company`s life and invest a lot of different recourses in their employees. That’s why Parimatch keeps an eye on the pulse of events and always creates new activities for their «working family». The Human Resources team of Parimatch, headed by the Group HR Director, Marianna Chatziantoniou organized a corporate, an outdoor game on April 3, 2018, attended by the Senior Management and all employees of Parimatch. The lost treasure hunt took place in the center of Limassol (Old Town, Molos area and Limassol Marina). The group participants had a "mission" to complete the game, compete and work together to solve the puzzles as a team. The objective of Human Resources Group (Ms. Marianna Chatziantoniou, Katerina Psyllou, Christoforos Attikouri, and Rafael Meliniotis) was to encourage cooperation, communication, strategy, and teamwork, enhancing the interpersonal skills of the employees together with improving collaboration! An "Employer of Choice" is an employer that offers a corporate culture and work environment that attracts and retains the best talents. The characteristics of the particular work environment benefit the well-being and the right balance of work and personal life of employees and customers of a company. Moreover, that's precisely the primary purpose of Parimatch! Becoming an "Employer of Choice" in the Cypriot market. It is important to note that not all "Employers of Choice" match each employee. For example, Google is known to be the "Employer of Choice." However, there are examples of people who do not like Google's corporate culture because they feel they are obliged to engage in social activities that do not interest or match them. Of course, other employees of the same company enjoy the Google culture environment. Parimatch is Employer of Choice! "Employers of Choice" have much in common. Their main feature is that they are not the same to different employees. To be happy and work in harmony an employee has to find his own "Employer of Choice" - whatever that means.

Read more
HOT
27 April 2018
Interviews

Employer of Choice

With each year corporate culture becomes more and more popular in huge, innovative companies. Employers take care of inside the company`s life and invest a lot of different recourses in their employees. That’s why Parimatch keeps an eye on the pulse of events and always creates new activities for their «working family». The Human Resources team of Parimatch, headed by the Group HR Director, Marianna Chatziantoniou organized a corporate, an outdoor game on April 3, 2018, attended by the Senior Management and all employees of Parimatch. The lost treasure hunt took place in the center of Limassol (Old Town, Molos area and Limassol Marina). The group participants had a "mission" to complete the game, compete and work together to solve the puzzles as a team. The objective of Human Resources Group (Ms. Marianna Chatziantoniou, Katerina Psyllou, Christoforos Attikouri, and Rafael Meliniotis) was to encourage cooperation, communication, strategy, and teamwork, enhancing the interpersonal skills of the employees together with improving collaboration! An "Employer of Choice" is an employer that offers a corporate culture and work environment that attracts and retains the best talents. The characteristics of the particular work environment benefit the well-being and the right balance of work and personal life of employees and customers of a company. Moreover, that's precisely the primary purpose of Parimatch! Becoming an "Employer of Choice" in the Cypriot market. It is important to note that not all "Employers of Choice" match each employee. For example, Google is known to be the "Employer of Choice." However, there are examples of people who do not like Google's corporate culture because they feel they are obliged to engage in social activities that do not interest or match them. Of course, other employees of the same company enjoy the Google culture environment. Parimatch is Employer of Choice! "Employers of Choice" have much in common. Their main feature is that they are not the same to different employees. To be happy and work in harmony an employee has to find his own "Employer of Choice" - whatever that means.

Read more