Compliance Updates
Russia’s State Duma Approves Overhaul of Sports Betting Laws

The Russian State Duma has approved the legislation that will significantly overhaul the Russian sports betting industry, imposing tax on bets placed on overseas events and extending financial obligations to all market participants. The State Duma passed the bill in the second and third reading.
The new rules pose limits on the types of events that can be wagered on, limiting activity to those held by Russian national sports federations and professional sports leagues. It also allows sports events held by international sports organisations.
Operators accepting bets on non-Russian sports will now be required to pay contributions to Russian sports federations, which amount to at least 5% of GGR every three months.
An operator may have a license withdrawn if it fails to pay the relevant contributions within a three-month reporting period. Furthermore, it will no longer be possible to have a license on both sports betting and tote betting.
All licensees will now be required to have a RUB500 million bank guarantee and RUB1 billion of assets in place. The bill will enter into force 60 days after its official publication, with the measures expected to take effect in mid-autumn 2020.
-
Asia7 days ago
Jetapult-backed UMX Studios launches DriftX, a mobile car racing game
-
Cryptocurrency6 days ago
Slotland Entertainment Rolls out Dazzling New Slot, 8 Crystals, Across Multiple Brands with new Cryptocurrency Integration
-
Latest News6 days ago
Week 13/2025 slot games releases
-
Latest News6 days ago
GoldenRace Launches New Virtual Football for Retail
-
Latest News6 days ago
CONCEPT DEBUTS WITH NEW GAMES AT CASINO GRAND LEÓN IN MEXICO
-
Latest News6 days ago
Holland Casino Appoints New Director for its Online Division
-
Latest News6 days ago
BGaming Launches Data-Driven Players Hub
-
Latest News7 days ago
AGS Ignites IGA 2025 with Next-Level Slot & Table Game Innovations