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    Home»News»Digest of gambling news February 25 – March 3
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    Digest of gambling news February 25 – March 3

    03.03.2023

    Contents

    The Federal Antimonopoly Service responded ambiguously to a request about the legality of introducing the names of bookmakers into the names of sports facilities, events and teams, the powers of ERAI can be extended to the scope of the lottery business, and legal bookmakers offer to join the fight against offshore operators. BC PARI added 100 million rubles to the authorized capital, and BC “1xStavka” is no longer a member of the unified information system. Which crypto-exchanges help Russians withdraw money from the country, will the regions be able to independently regulate mining and will other states support the participation of Russian e-sports players in the e-sports world championship 2023 – read in the Login Casino digest February 25 – March 3.

    Gaming News Digest February 25 – March 3

    FAS responded to a request regarding the legality of using bookmaker naming in sports

    Not so long ago, the Association for the Protection of the Rights of Participants in Gambling Entertainment filed a request with the FAS, in which it expressed its doubts about the legality of using the names and logos of bookmakers in the names of stadiums, sports teams and competitions. Representatives of the FAS commented on the request received. According to the department, this issue is not within their competence. Moreover, the aspect of the legality of using the naming of bookmakers in this context is not regulated by the law “On Advertising”. Thus, the FAS withdrew itself from resolving the issue raised. Will the association continue to find out the legitimacy of the situation and whether it will appeal against the decision of the FAS – unknown yet.

    They want to expand the competencies of the Unified Regulator to the lottery business

    According to Igor Levitin, Assistant to the President of Russia, in the conditions of the modern gambling market, it is advisable to transfer control over the lottery sphere to the Unified Regulator. The official spoke about this during a speech at the forum “We are together. Sports". In this case, according to Levitin, the sports industry will be able to receive more funds due to an increase in targeted deductions through the lottery business. The money that lottery operators will transfer to ERAI as targeted deductions from the sale of tickets can become a significant extra-budgetary support for the development of domestic sports.

    ERAI invites bookmakers to fight offshore illegal competitors

    At the forum “We are together. Sport» General Director of the Unified Regulator Alexei Grachev raised the issue of fighting offshore bookmakers illegally operating in the Russian gambling market. According to him, in 2022, the regulator identified more than 5 million sites of offshore gambling operators, after which this information was sent to the FAS and Roskomnadzor for further blocking of resources. In order to increase the efficiency of such work, Alexey Grachev suggested that Russian legal bookmakers get involved in the process of detecting illegal gambling sites and send the information received to ERAI. Representatives of the legal industry responded positively to the proposal, in particular, the CEO of Fonbet Sergey Anokhin announced his readiness to work together with ERAI in this direction.

    PARI bookmaker increased its authorized capital by 100 million rubles

    According to the Unified State Register of Legal Entities, the authorized capital of the bookmaker PARI increased by 100 million rubles. Changes in the constituent documents were fixed on March 2, 2023. Now, according to official documents, the authorized capital of the betting company is 1.005 billion rubles. According to the law, the minimum authorized capital of a licensed bookmaker in Russia is 100 million rubles. At the same time, the composition of the company's founders remained unchanged: 100% of the company's share belongs to Triple Vee JSC. disconnected from information system

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    Office "1xBet" is no longer part of the information system of the Unified Regulator. Information about this appeared on the official Telegram channel of ERAI. The forced exclusion was the result of a violation by the bookmaker of the Standards and Rules that regulate the work of organizers of gambling in the Russian gambling market. It is important to note that without connecting to the ERAI information system, licensed bookmakers cannot work in the legal field.  

    Russians use Tether to withdraw money from the country

    To circumvent international sanctions, Russians massively use the Tether crypto token. Cryptocurrency trading using cards of sanctioned Russian banks is still allowed by the KuCoin and Huobi exchanges. Information about this was published by Bloomberg, citing a study by Inca Digital. The study also states that 11 out of 62 international crypto trading platforms do not require Russians to go through an identity verification procedure when creating an account, and 38 out of 62 international crypto trading platforms do not restrict Russian users from trading Tether.

    Russia proposes to give regions the right to regulate mining on their territory

    Concerns about the lack of regulation of mining in the country are expressed by the Russian Ministry of Energy. The agency notes that the maximum mining load falls on the Irkutsk, Buryat and Trans-Baikal energy systems. This threatens with a shortage of energy capacities for the implementation of industrial and construction projects. In response to the difficulties that have arisen, Vladimir Kravchenko, a member of the Federation Council Committee on Economic Policy, suggested considering the possibility of transferring powers to regulate mining to the regions. This will prohibit the mining of cryptocurrencies in areas with a shortage of electricity. At the same time, regions with a surplus of energy will be able to get the maximum benefit from the work of miners.

    More than 75% of national federations support the participation of Russians in the eSports World Cup

    Dmitry Smith, President of the Russian eSports Federation, said that in practice, less than 25% of the members of the International Esports Federation dispute the participation of Russian eSports athletes in the World Championship 2023. Despite the fact that the championship will be held in Europe , only a small part of the countries are in favor of removing Russian cybersportsmen from competitions. We remind you that the competition will take place in Romania on August 24 – 4 September. At the last championship, the Russian team took bronze in the CS:GO discipline.

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