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Compliance Updates

FAS Finds Yandex Guilty of Advertising Gambling Companies

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5 years ago

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FAS Finds Yandex Guilty of Advertising Gambling Companies
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Russia’s Federal Antimonopoly Service (FAS) has found Yandex guilty of advertising gambling companies. They are pushing a case which may end up in a €7k fine.

According to FAS, betting ads were showed in Yandex’s searches. That is why it ordered the company to rectify the violation. The body also submitted materials and will open an administrative case.

The FAS is having a Department for Control over Advertising and Unfair Competition to find illegal betting ads in Russia.

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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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