Industry news

22.01.2021
Events From the Russian Gambling Market: a Selection of Latest News

Who became the winner of the poker tournament in Primorye gambling zone? What restrictions are going to be introduced for bookmakers' activities? How many Russians became millionaires thanks to lotteries? Read about these and other news from the world of gambling in the digest from RGW 2021. Ministry of Agriculture proposes to allow advertising of tote to support horseracing By March 2021, the Ministry of Agriculture of Russia plans to prepare amendments to Article 27 of the law "On Advertising"....

Events From the Russian Gambling Market: a Selection of Latest News
19.01.2021
Law on the Establishment of a Unified Gambling Regulator in Russia Adopted: Key Provisions

The regulatory body for bookmaking activities will change in Russia. Instead of the self-regulatory organizations, Unified Gambling Regulator will control the betting sphere. On December 23, 2020, the State Duma deputies adopted a bill in the second and third readings, intending to create a corresponding state institution in the country. On December 25, it was approved by the Federation Council. Already on December 30, the document was signed by President Vladimir Putin and later published. The law came into force...

Law on the Establishment of a Unified Gambling Regulator in Russia Adopted: Key Provisions
28.10.2020
Player Identification in Russia: New Amendments and Concessions

In September of 2020, State Duma of the Russian Federation adopted Federal Law № 313-Ф3 in the final reading. This document integrates amendments and concessions related to the work of operators that organize gambling activities. The regulatory legal act has been approved by the Federation Council and signed by Vladimir Putin. The law was published on October 1. During the document preparation, authorities analyzed the law № 54-ФЗ dd. 22.05.2003 that already contained requirements to persons involved in the organization...

Player Identification in Russia: New Amendments and Concessions
23.09.2020
Confirmation Rules for Income Sources of Founders of Betting Companies to Change in 2021

The Russian government has issued a new version of the resolution specifying how founders of betting or tote betting facilities will confirm the source of funds used to form the registered capital of the betting company. The revised edition of rules was approved by the resolution as of August 31 this year. It will come into effect on January 1, 2021. What is the main distinctive feature of the new version of the resolution? What general provisions does the document...

Confirmation Rules for Income Sources of Founders of Betting Companies to Change in 2021
20.08.2020
New Regulations for Betting: Main Law Provisions

On July 22, 2020, the State Duma adopted the bill at second and third reading, specifying new requirements to sportsbooks and totalizers. On July 24, the bill was approved by the Federation Council. On July 31, the bill was signed by the President of Russia Vladimir Putin. What norms does the law contain? Read further in the article. About restriction of events in sportsbooks and ban of double licenses According to the law, published on the official online portal of...

New Regulations for Betting: Main Law Provisions
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