Ministry Of Finance Of Russia Will Ban Money Transfers To The Accounts Of Illegal Gambling Companies

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February 8, 2022
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The russian ministry of finance reported the beginning of the development of a draft law regarding the prohibition of remittances to interactive gambling companies, whose activities are illegal in the state.

Ministry of Finance of Russia will ban money transfers to the accounts of illegal gambling companies

Relevant amendments are planned to be made to the laws on lotteries and gambling. This initiative has already been discussed by representatives of the interdepartmental working group on countering illegal financial transactions in december 2018. New legislative states will begin to act since january 2020.

The purpose of amending the document – fighting illegal online gembling. Experts suggest that cash accounts of companies providing such services will be blocked. Equally priority problem today is the fight against interactive casino advertising in the internet. So, a member of the state duma committee on federal demis and local government affairs denis parfinov proposed to take measures against artists involved in creating such content. He expressed the opinion that need to be deprived of concert sites.

Read also: where the gambling market is moving in 2019

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