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Russia to Tight the Rules for Bookmakers

Russia to Tight the Rules for BookmakersReading Time: 1 minute

 

Russia is going to make the law on gambling tougher. A new bill having more rigorous rules for casino operators and bookmakers is recommended for approval by the State Duma Committee on Economic Policy, Innovation Development and Entrepreneurship.

The document contains a complete list of events eligible for betting. In addition to sports events, bookmakers will be able to offer betting services related to live entertainment shows, elections and referendums.

All betting companies will have to provide guarantees of winning payout. Moreover, banks that will issue these guarantees for bookmakers, have to meet the list of requirements in order to secure the guarantee provided.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Russia to Tight the Rules for Bookmakers

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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