In Russia, Approved The Creation Of A Single Gambling Regulator

Home » In Russia, Approved The Creation Of A Single Gambling Regulator
September 20, 2022
2 minutes

Deporties of the state duma of the russian federation adopted a law that will regulate the entire scope of gambling entertainment. Responsibility for the implementation of this initiative was entrusted to the public-legal company "unified gambling regulator". It will monitor all payments and transactions in favor of gambling operators. The founder of this organization will be the ministry of finance.

In addition to these powers, the regulator will stop the creation of illegal igneous online operators and terminate such companies. Also, the "single gambling regulator", if necessary, be able to contact the fts on the legality of the measures taken regarding violators of the current gambling legislation of the russian federation.

Also, will be center for translation meetings will be created, which will follow all payments from individuals, including electronic. The body in the framework of the right to keep part of the deductions from all prisoners of bets worthout any gradation.

The draft law provides for the creation of a compensation fund, the formation of which will fall on the shoulders of representatives of gambling business – organizers and operators. These funds will be used if the specified legal entities cannot fulfill their obligations to customers. The size of the target deduction will be 1% of the total estimated base.

Deputies are confident that the implementation of this project will send additional funds for the development of children and youth sports and provide centralized financial for professional sports organizations.

Recall, the state duma will oblige the social network to control advertising illegal gambling operators.

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