Compliance Updates

Russian Legislators to Vote on Bill Establishing Single Gambling Regulator

Published

4 years ago

November 23, 2020

Niji Narayan

Russian Legislators to Vote on Bill Establishing Single Gambling Regulator

Reading Time: < 1 minute

Russia’s legislature, the State Duma, will vote on a bill to establish a new regulator with jurisdiction over the entire Russian gambling industry.

The bill was introduced by Viktor Deryabkin and Igor Stankevich of the governing United Russia party, last week. It was sent to the State Duma Committee on Economic Policy, Industry, Innovative Development and Entrepreneurship, which approved it on November 17. The bill is now scheduled for a first reading on the Duma floor before year’s end.

The new regulator will be tasked with “improving the effectiveness of control and supervision in the field of gambling in order to increase funds, which will be directed to the Ministry of Culture and Sports.”

This will include “monitoring and detecting” illegal online gambling activity.

Also, it will prepare proposals for the improvement of Russian gambling legislation and will cooperate with other regulators where necessary.

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Niji Narayan

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.