The legal entity of the Astrabet bookmaker has changed its name, and the Liga Stavok office has changed its name. there have been changes in the list of founders. At the same time, the largest Russian bookmaker was fined for inappropriate advertising, and the company with the “dormant license” recorded losses in the millions. Did PokerStars really bribe Russian officials to lobby for its interests, why Russians can no longer conduct operations in euros and dollars on the Binance platform, and how long Russian miners face for hiding their income according to the new bill – read in the Login Casino digest March 4-10.
The legal entity of the bookmaker "Astrabet" – new title
The legal entity of the Astrabet bookmaker has changed its name. Previously, the office belonged to Sportradar LLC. Now the company that owns a well-known betting brand in Russia is called Bet-M. The constituent documents officially changed on March 9, and information about this is in the official registry of the Unified State Register of Legal Entities. Recall that since October 2021, 100% of the company’s shares have been pledged to the legal entity of the bookmaker 1xStavka, and since the fall of 2022, technical work has been underway on the official website of the bookmaker. Accordingly, the office does not accept bets, and the prospects for its return to the Russian gambling market remain unknown.
BC «Liga Stavok» a new person has been added to the list of founders
In the list of founders of one of the largest bookmakers in Russia – changes. A new person has been added to the list of founders of the PMBK company, which is a legal entity of the Liga Stavok; Avdeev Igor Vladimirovich Data about this has already appeared on the Unified State Register of Legal Entities. According to official information, Avdeev owns a 15% stake in the company. In monetary terms, the share of the new founder is 46.13 million rubles. It is noteworthy that Igor Avdeev received his share from Alena Avdeeva, who left the founders of PMBK.
“Liga Stavok” fined for violating advertising laws
The bookmaker received a fine from the Ingush OFAS Russia for inappropriate advertising. Despite the fact that Russian legislation prohibits gambling operators from using images of animals or people in their advertising, the bookmaker has neglected these requirements. BC “Liga Stavok” used the image of a woman to promote her services and launched an active advertising campaign on her website. This caused dissatisfaction with the Ingush OFAS.
The agency issued an order to stop the advertising campaign. However, the “League of Stakes” she did not agree with this decision and appealed to the Arbitration Court of Ingushetia, arguing her position by the fact that advertising in a mobile application is not intended for a wide range of people and only interested registered users see it. However, the court found that the ad still appears not only in the application, but also on the bookmaker's website. On this basis, the court confirmed the violation of the law, and even the appeal filed by the bookmaker was not satisfied. Now the “League of Stakes” faces severe fines for violating the Advertising Act.
PokerStars owner accused of bribing Russian officials
The US Securities and Exchange Commission announced that Flutter Entertainment is ready to pay $4 million in compensation for violating US securities laws papers. Violation is attributed to a subsidiary of Flutter Entertainment – PokerStars.
As the investigation showed, during 2015-2022. PokerStars paid Russian officials $8.9 million for lobbying for the legalization of poker in Russia. Payments were directed to annual gifts to individuals, including – Russian officials and representatives of the state apparatus. The money was also used to reward Roskomnadzor consultants responsible for Internet censorship. It is noteworthy that Flutter Entertainment did not deny the accusations, but did not directly admit its guilt. However, she agreed to pay compensation, and also pledged to stop interaction with Russian officials.
The company that owns the “dormant license” recorded a loss of 127 million rubles
We are talking about the company “Panorama”, which since 2011 has owned the “sleeping license” for the organization of gambling in Russia and is a member of the First SRO. The company published its financial statements for 2022, recording revenue of 85,000 rubles. This figure is four times less than revenue in 2021. It is noteworthy that the company's loss also decreased, reaching 127 million rubles.
Binance banned Russians from buying and selling currency on its platform
The largest crypto exchange, according to the tenth package of EU sanctions, has introduced a number of new restrictions that will affect the Russians. According to the new rules, Russians, as well as other individuals who live on the territory of the Russian Federation, cannot buy or sell dollars, euros on the p2p platform of the exchange. In turn, EU citizens no longer have access to ruble transactions on Binance. At the same time, transactions with other fiat currencies are still available to users from Russia and Europe.
In Russia, miners will be imprisoned for refusing to declare income
< p style="text-align: justify;">The Ministry of Finance of the Russian Federation introduced a provision on criminal liability to the draft law on regulation of cryptocurrency mining. According to the new regulation, miners are required to provide all information about the mined digital currency to the tax authorities. Moreover, if a miner fails to declare income in the amount of more than 15 million rubles two or more times over three years, he will not only be fined up to 300 thousand rubles, but also go to jail for up to two years. If the amount of hidden income is more than 45 million rubles, the term of imprisonment may increase to four years, and the fine – up to 2 million rubles. Also, violators will face forced labor for up to two or four years, respectively.