For President Vladimir Putin, he has seen plenty of negative consequences after he decided to invade Ukraine for what's been a terrible war. Folks across the globe are disgusted with his decision, while companies are sending a major message. This includes sports. With this, Bet365 left Russia due to the invasion of Ukraine and it's a decision that is being celebrated by so many.
Bet365 is one of the most respected and biggest sportsbooks in the world. They have a major pull and impact on so many things in the betting world. There's no doubt that them leaving Russia as a whole is a major dent for people in the country. Having said that, countless other companies have ended their relationships with Russia. Matter of fact, even sports teams are being impacted.
best Canadian sportsbooks, you'll see that Russia is no longer an option for the World Cup 2022 in Qatar. That's because the Russian National Team has officially been banned to participate in things due to the war in Ukraine. This is a massive blow for the country's athletics and people are up in arms about it.
However, FIFA has already denied the appeal that was put in place by the Russian side. This puts an end to their hopes of participating in the competition, which will have huge financial implications on the country too. This is something Putin isn't happy about, but he simply had to expect more and more negative impacts to come his way. All of this could have been prevented.
It's unknown if Bet365 will return to Russia in the future
After such a strong decision was made, it's unknown if Bet365 will return to Russia in the future after originally pulling out from the country. Bet365, which recently signed a new deal with Spotlight Sports, has made it clear to its users that they're not going to condone what Russia has decided to do. Again, there are so many countries out there that are standing with Ukraine in the fight against Russia.
In essence, people are disgusted with Putin and his way of thinking. If you ask people, he has simply decided to use his power for evil, as there are thousands and thousands of people dying in Ukraine due to the way. People continue to ask for peace, but who knows if that will ever arrive. The longer things keep going, the worse it's going to be for Russia.
Several counties have also agreed to stop trading with the country, which is going to have negative results for the citizens. It's going to be tougher for them to receive the needed imports for the Russian people. Putin needs to realize this and understand that he's going to have to be level-headed at some point, but there isn't too much promise that will be the end result. This war has divided many people.
There are also plenty of Russian people who don't like what's going on. From a betting perspective, so many folks used Bet365 in the country for their wagering needs. Now, though, things are going to be put on hold for a while, and companies like Bet365 may choose to never return either. If that does happen, then people are going to have to get extra creative to try and check out odds and place different bets.
Bet365 just entered the Russian betting market last year
What makes this even more interesting is that Bet365 just entered the Russian betting market last year for the first time. The negotiations had been going for a while, with things finally getting across the finish line. This provided people with so much excitement, as Russians were ready to take their bets to the next level and have one heck of a time in the process.
Things were finalized late last March according to multiple reports. From the moment the doors opened for people to place bets, things exploded. Per local outlets, there was a ton of betting taking place on hockey and soccer, while people in Russia also tried their luck betting on baseball and basketball. It goes without saying, but NFL, MLB and NBA became quite popular for people to get involved with.
Before Russia started this war with Ukraine, there was a ton of success from a betting standpoint and operations were going smoothly. Then, everything kind of hit the fan once Putin and his team decided that they wanted to head to Ukraine and create all of this madness. For Bet365, they are clearly against that decision and they won't condone things.
Down the road, people will find out whether or not Bet365 returns to Russia. At this point, though, it wouldn't be a surprise whatsoever if that doesn't happen. Bet365 means business and this isn't good for Putting and his citizens. His decision has cost Russians all over the country dearly in this case.