Tag Archives: Duma

Ilya Machavariani, Dentons – CIS regional dynamics will come to play prior to gambling take-off

Market developments in the CIS region have shot to the forefront of the industry’s agenda, as an intense July saw Ukraine approve its Gambling Law mandate, the Russian Duma announce an overhaul of sports betting laws and taxes, whilst Uzbekistan forms a counsel for the development of a national lottery.   At the coalface of rapid developments,  Ilya Machavariani, Head …

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Duma approves overhaul of Russian sports betting laws 

Ongoing Russian developments have seen the state Duma accept the second and third readings of Bill 647044-7, significantly modifying Russia’s existing sports betting laws.   Originally presented to the Duma on 30 April, Bill 647044-7 has amended ‘federal regulations on activities for the regulation and conduct of gambling’. Within its mandate, the bill will allow the Kremlin to implement ‘limits on …

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Bookmaker Ratings gives detailed breakdown of Russian betting market numbers

Industry affiliate Bookmaker Ratings has issued a detailed breakdown and analysis of the current state of play for the Russian betting sector. Partnering with Russian market research company Romir, Bookmaker Ratings estimates the Russian betting sector to be worth around the RUB 677 billion mark circa $11 billion at current exchange rate value. The affiliate details that Russian betting is …

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Roskomnadzor Russia penalises payment providers QIWI and Skrill

Online payment providers QIWI and Skrill (Paysafe Group), have become the latest firms to be penalised by Russian media regulator Roskomnadzor. Last week, the payment providers were served notices by Roskomnadzor stating that they had breached Russian gambling laws relating to facilitating online gaming payments and that their services contained links to unlicensed betting operators. Roskomnadzor has given both payment …

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Russia Roskomnadzor gets tough on affiliates and sports media portals

Russian media regulator Roskomnadzor has been urged to toughen its efforts in curbing national consumers access to unlicensed online gambling operators. Following the orders of the Russian government, Roskomnadzor has been told to step up its restrictions by widening its IP-restrictions and website monitoring to include Russian language affiliates and sports betting portals. Russian news sources report that Roskomnadzor has …

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Putin seeks greater bookmaker participation for Russian sports

Russian government funded news source Russia Today (RT.com) has reported that President Vladimir Putin will seek for licensed bookmakers to fund national sporting events, with new laws set to be introduced by mid-2016. At present Russia has 25 registered bookmakers, President Putin is reported to want gambling operators to contribute further funding to national sporting development as the country prepares …

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