Sergey Portnov steps back from Parimatch management and launches SP Ventures as the operator hands markets to local partners

Sergey Portnov is moving away from day-to-day management at Parimatch and launching an investment and advisory structure called SP Ventures. At the same time, the operator is changing how the business is run by transferring individual markets to local operating partners, which is the kind of restructuring PSPs and banking partners watch closely.

1. Portnov is stepping back from direct management of Parimatch and setting up SP Ventures, described as an investment and consulting structure.
2. Parimatch is also restructuring its operating model: separate markets are being handed over to local operating partners.
3. The source does not specify which markets are involved, which means the practical takeaway for payments teams is that country-by-country ownership and risk decisions may now sit closer to local entities rather than a single central operator.