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Compliance Updates

Russia’s Duma passes legislation to punish illegal gambling

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Russia’s Duma passes legislation to punish illegal gambling
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Russia’s lower house of parliament Duma has passed the bill that is aimed at punishing unlawful gambling.

The State Duma passed the third and final reading of a bill that is set to make punishment for illegal gambling organisations more stringent.

As per the new bill, unlicensed gambling conducted outside of the specially designated zones, as well as the systematic provision of premises for unlawful gambling, could result in criminal liability.

The bill sets punishments for gambling organisations operating outside of gambling zones, without a licence or using online gambling.

The fines include prison for up to two years as well as fines of US$8,000. If the crime is conducted by a group, prison sentences could rise to up to four years with the fine increasing to US$16,000.

Moreover, if the crime is committed by an organised criminal group with the use of a facility, the punishment would result in a six year prison term and a fine of up to US$24,000.

 

Source: focusgn.com

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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