Russia mulls legalization of online gambling – Kommersant
Russia's Finance Ministry proposed legalizing online casinos to boost revenue and regulate the large illegal market, with strict controls to mitigate addiction.Summary
The Russian Finance Ministry has proposed to President Vladimir Putin the legalization of online casinos, aiming to bring a significant portion of the current 3 trillion ruble ($39 billion) illegal market under government control and generate approximately 100 billion rubles ($1.3 billion) in annual revenue. The proposal, outlined in a letter from Finance Minister Anton Siluanov, suggests a single state-designated operator overseeing online casinos with a minimum tax rate of 30% of revenue after winnings. The framework includes age restrictions (21+), a unified accounting system, and powers for the operator to implement measures against gambling addiction. While supporters argue regulation will reduce risks, concerns have been raised by lawmakers and the Russian Orthodox Church regarding potential harm to vulnerable populations and negative societal impacts. Currently, Russia permits offline casinos in designated zones, but online casinos remain illegal.
(Source：Rt)