Industry news

02.05.2019
Yantarnaya Gambling Zone: History, Taxation and Plans for the Future

Yantarnaya is one of the four official gambling zones functioning in the Russian Federation. The administrative-territorial object was formed on instructions of the Russian Government in 2008. Check more details concerning Kaliningrad gambling zone development, active objects and taxation in the article below. Historical Notes Yantarnaya tourist and recreation gambling zone is located in the Kaliningrad region, by the Baltic Seacoast. Firstly, the integrated resort allocated the area of 619 hectares for integrative resort development, thus it was reduced five...

Yantarnaya Gambling Zone: History, Taxation and Plans for the Future
26.04.2019
Bills on Regulation of Lotteries and Gambling: Industry News Digest

Russia has approved the bill on changes to the lottery regulation, new rules may be introduced for bookmakers, and Suncity Group Holdings has purchased shares of the Primorye gambling zone’s investor. Read about the main events in the gambling industry further in the digest. New bill on the lottery market regulation Commission for legislative drafting activities has approved the bill on changes in the regulation of lotteries. Further, itwillbereviewedatthegovernmentsession. The Federal Act “About lotteries” obliges operators to make purpose-oriented allocations...

Bills on Regulation of Lotteries and Gambling: Industry News Digest
22.04.2019
Siberian Coin Gambling Zone: Development, Investments, and Prospects

Siberian Coin gambling zone is an official integrated entertainment zone (IEZ) located in the Altai Territory. The gambling zone was established in 2009 according to the decision of the Russian Government. Let’s find out how Siberian Coin has been evolving, how it looks like today, and how it plans to operate in the future. History of development Siberian Coin lies 280 kilometers away from Barnaul and not far from the tourism and recreation complex Biryuzovaya Katun. Not incidentally, this location...

Siberian Coin Gambling Zone: Development, Investments, and Prospects
19.04.2019
Russia Can Ban Instant Online Lotteries, and EU to Create Single Gambling Market. Gambling News

Why did Russia not increase the age requirement for betting shop customers? What will the establishment of the EU’s single online gambling market lead to? Why can Russia prohibit instant online lotteries? These and other gambling news are described in our weekly digest. Georgia Is Going to Maximally Secure Teenagers Against Gambling Irakli Kobakhidze, Chairman of the Parliament of Georgia, states that the authorities are going to take measures to restrict minors’ access to gambling services. They will initiate the...

Russia Can Ban Instant Online Lotteries, and EU to Create Single Gambling Market. Gambling News
18.04.2019
The most popular legal betting companies in Russia: infographics

According to the current legislation of the Russian Federation, bookmakers that accept online bets are required to hold a license, perform all settlements with players through an independent processing center (Interactive bets accounting center), be a member of the Self-Regulatory Organization, and pay taxes. Although the number of betting companies has significantly decreased due to this fact, their reliability has increased. This infographics tells about five most popular legal betting companies in Russia according to Legalbet and Bookmaker Ratings. ***This...

The most popular legal betting companies in Russia: infographics
Sign up to receive news