Compliance Updates
Russia unveils new law to punish illegal gambling

According to the Russian President Vladimir Putin has signed a new law that would slap stringent punishment for unlawful organisation of gambling. According to the new law, bill, persons who conduct gambling in betting organisations outside special zones or who provide premises for unlawful gambling could receive fines up to 500,000 rubles (US$7,950) and two-year imprisonment.
If such activities are conducted by a group or business, the punishment can go up to a fine of 1,000,000 rubles ($15,900) and four-year imprisonment. If it is an organised betting racket conducting large-scale illegal gambling, the punishment can be more severe – a fine of up to 1.5 million rubles ($23,900) and six-year imprisonment.
-
Asia3 days ago
Jetapult Strengthens AI Expertise: Onboards Industry Leaders, Oz Silahtar and Dr. Arjun Jain
-
Latest News4 days ago
Roobet Promo Code: Redeem “WRD100” Now to Get a Free Money & Cashback
-
Latest News4 days ago
Recently Released Slot Games Worth Checking Out
-
Latest News4 days ago
Regulatory Roadblocks: The Future of Sweepstakes Gaming in the U.S.
-
Latest News4 days ago
UK Gambling Commission Flags Deepfake-Fueled Money Laundering Threats in Online Gambling Sector
-
Africa4 days ago
Gaming Corps Expands African Presence with KingMakers Partnership
-
Latest News4 days ago
ULTIM8 SPORTSBOOK IFRAME: Ultimate Solution for Operators Who Have Seen It All
-
Latest News4 days ago
PG Soft debuts Doomsday Rampage slot