What is an SRO of bookmakers?

SRO of bookmakers is a non-profit union of bookmaker companies, which was created to develop bills and tools for climate regulation in the gambling business. We can say that it is the regulator of the gambling - betting - industry.

first sro of bookmakers

In Russia, this is done by the First Self-Regulatory Organization, which unites legal Russian companies. It is called the Association of Bookmakers and has been operating since 2014. Her tasks:

– consolidation of existing bookmakers;
— regulation of their activities;
- representation of interests;
- conflict resolution.

The following organizations are members of the First SRO: Bwin, Tennisi, Parimatch, Winline, Mostbet, 1xStavka, Liga Stavok, Betsity.

SRO takes into account the accepted rates with the help of the First TSUPIS - a special center specializing in the transfer of interactive rates. In addition, this organization acts as an intermediary between offices and their clients. She also controls the ongoing transactions with money. This makes taxation easier.

Thanks to the activities of these organizations, the material security of the clients of the offices is also ensured. Now the bookmaker will not be able not to pay out the winnings or refuse to withdraw for inadequate reasons (as is often the case with offshore companies).

That is why it is recommended to play in companies that are included in the list of SROs, because their activities are transparent and honest. Any dispute that may arise between the bookmaker and the client is resolved here as soon as possible, honestly.

It is important to understand that SRO members do not just become members. To do this, you must obtain a license from the Federal Tax Service, pay an entrance fee. It is also necessary to make annual payments, including to the compensation fund. Under such conditions, it becomes simply unprofitable and uninteresting for participating companies to conduct dishonest activities. This is a guarantee of decency, honesty and transparency of all operations of the bookmaker.

Bwin is a bookmaker that also works through SROs of bookmakers, which means it has all the above advantages and guarantees its customers reliability, safety and security of funds and transparency in work.