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Tennisi’s Russian Betting Deal Falls Through Before Relaunch

Tennisi’s Russian Betting Deal Falls Through Before Relaunch
Tennisi's planned deal involving its Russian betting licence has fallen through, CEO and co-owner Ruslan Suleymanov said on October 27. The company has not named the prospective buyer, and there is still no confirmed date for betting to resume under the licence.

Suleymanov described the agreement as a major deal that could have shaken up the Russian market. In a post on his Telegram channel, he confirmed it had failed and jokingly announced a second round of speculation over who might buy Tennisi’s licence. He gave no reason for the collapse.

November 1 Is Five Days Away

In a separate interview published by Stavka TV on October 27, Suleymanov said the negotiations were complicated and that more news could take another couple of weeks. Asked whether the licence would be used to accept bets again in November, he expressed hope rather than giving a firm commitment.

The timetable has already changed once. Back in August, Suleymanov told Bookmaker Ratings that October 15 was an optimistic restart date, while November 1 looked more likely.

By October 27, the first date had passed. Only five days remained before the second, yet he was still talking about weeks before further details could emerge. An announcement about a buyer and the actual return of betting are two different steps.

Tennisi stopped accepting wagers in Russia on September 1.


Tennisi Spent $15M on Its Platform

Tennisi has already moved towards supplying betting software rather than running its own Russian sportsbook. Suleymanov put the cost of five years of platform development at around $15 million in an October 22 interview with Vredny Bukmeker. Monthly development costs are now $300,000-$400,000.

The software is ready to be offered to other operators. Who will use it under the Russian licence remains undisclosed.


One Exit, One Arrival in Kazakhstan?

Suleymanov also made a prediction about Kazakhstan. He expects one bookmaker to leave and another to enter the market next year. Tennisi and OinaBet, he said, are staying.

The two brands already share a licence holder. An earlier 15M review of Kazakhstan’s August 25 register counted nine bookmaker brands but eight licensees. Tennisi and OinaBet were both registered under Adal Oyin LLP.

Suleymanov did not name the bookmaker he expects to leave or the prospective newcomer. No specific licence changes were confirmed in the interview.

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Olga is an iGaming editor and writer with hands-on experience in the industry since 2023. She covers industry news, operator updates, product launches, and key developments across the global gambling market.

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