Alsart Group signs strategic agreement with Q8 Partners

As part of its drive to diversify an economy over-reliant on commodities the Russian government has long made clear its desire to build a world-class financial trading sector. Alsart Group and Q8 Partners in fully supporting this initiative will embark upon a nation-wide drive to educate the population to the benefits of these services.

“The law on internet-based trading systems as well as financial betting and lotteries is absolutely clear and is in accordance with both Russian and Ukrainian legislation” said Lyubov Loginova, Chairman of board of directors of Alsart Group: “We realize it is a very ambitious project to retrain citizens into financial market traders and also to create a nation-wide betting and lottery system in a short time but our highly focused and energetic team is ready for this challenge. Moreover, this project is of significant social value for ex-workers of slot shops, casinos and their clients.”

For user convenience the systems employed will cater for players of all levels; from complete novice to experienced trader. The launch of these products is scheduled to coincide with EELEX iGaming 2009, Ukraine, Kiev, September 10-11, 2009.

Specifically for this project Alsart Group has developed an agent program designed with the purpose of attracting existing customers. It will be a good opportunity to enter a stable and fast developing government-approved business, one that will involve leveraging off both the existing Alsart client database and Q8’s expertise and relationships with software suppliers and affiliate networks.

“Q8 Partners has much experience in the areas of online entertainment and finance services within EMEA markets. This strategic partnership has great potential and value for both Russia/CIS markets as well as globally. In accordance with local legislation Alsart Group and Q8 Partners will employ unique methods to re-train ex-gamblers to this new and exciting business commented Alexey Kuzmin, Marketing Director of Alsart Group.