The Law On Banning Rates For Children’S Sport Approved By The Federation Council

Session of the federation council, on which the bark of bets on children’s and youth sports competitions was approved, took place on december 11. The law entrusted the bookmakers to the conclusion of agreements with sports federations.

The meeting of the federation council has traditionally been broadcast on the youtube channel of the upper chamber of state duma.

The bill was adopted by deputies in the first and third reading was held on november 20 and december 4, respectively.

The initiators of the law believe that the bids for youth sports may contribute to the involvement of young people in gambling. After the law enters into force of this kind of rates will be seized from bc lines.

The law also assumes that from now on, the use of symbols of sports federations by bookmakers is possible only after the conclusion of an argement with the federation or sports league.

Oddly enough, bookmakers also supported a new law. Some of them stated that this is the right decision and that this line of bets still never enjoyed special demand for customers.

Recall: earlier it was reported that the legislation, which prohibited the bets on the youth sport, would not harm the russian betting segment.