- 1 Approval of fines for online casino transfers
- 2 Regional gambling revenues
- 3 Experts told who finances eSports
- 4 Fines for selling the lottery to children can increase
- 5 Illegal bookmaker will continue accepting eSports bets
- 6 Authorities have denied rumors about taxation of foreign video game stores
- 7 The BC Association appealed to the Government
- 8 The Central Bank successfully tests the digital ruble
- 9 Russian domains will be registered through state agencies
- 10 Russia is losing its economic freedom
The President has approved a law imposing fines on transfers to illegal gambling companies, and the Treasury plans to increase penalties for selling lottery tickets to minors. At the same time, the Association of Bookmakers turned to the Government with a request to create a new structure in the gambling market. Among other news from bookmakers in Russia: Moscow has calculated the revenue from taxes and fines of bookmakers in 2021. About these and other events in the – in the latest digest February 12-18.
Approval of fines for online casino transfers
The Federation Council has approved a decision that has been discussed for a long time. Now, individuals will pay fines in the amount of 100-500 thousand rubles for transferring money in favor of representatives of the illegal gambling business, and the legal entity – in the amount of 25-40% of the transfer amount, while the sanction will be at least 5 million rubles.
After that, the President of the Russian Federation approved the law on administrative responsibility for transfers, accepting payments and signing contracts with illegal gambling operators. Read more about the fines that banks and telecom operators will pay for transfers to illegal immigrants here.
Regional gambling revenues
The authorities of Kuban have published the figures of tax revenues received from the gambling industry. In 2021, the region received over 446 million rubles thanks to the legal gambling business. And this despite the fact that the planned income was at the level of 424.79 million rubles.
At the same time, data on income from gambling operators was published by the Moscow authorities. According to the information provided by the fiscal service, in 2021 bookmakers transferred 375.6 million rubles in taxes. At the same time, operators paid 5.2 million rubles in fines for violations. This is taking into account the fact that there are 329 land-based points and 9 interactive betting centers in Moscow.
Experts told who finances eSports
The director of Gambit Esports said that a few years ago, the esports industry made money primarily through sponsorship and advertising contracts. Only 10% of the income was prizes from winnings at tournaments and the sale of merchandise. Today, foreign clubs often resort to venture investments, but Russian eSports rarely uses this method so far. Domestic cyber organizations are testing new ways to earn money, for example, selling fan tokens.
Fines for selling the lottery to children can increase
The Ministry of Finance is working on a project that provides for an increase in fines for the sale of the lottery to minors. According to the new bill, individual entrepreneurs and officials for such a violation will be fined 30-50 thousand rubles, and organizations – for 300-500 thousand rubles. For citizens, the amount of the penalty will remain at the level of 2-3 thousand rubles. The progress of the bill processing can be tracked on the website.
Illegal bookmaker will continue accepting eSports bets
Representatives of the EGB bookmaker, illegal in the Russian Federation, said that they do not plan to stop accepting bets on regular out-of-tournament games in eSports, although they are waiting for high-profile Dota 2 tournaments. to win a bet. However, EGB believes that refusing to accept bets on such games will not help, since many bookmakers process such bets.
Authorities have denied rumors about taxation of foreign video game stores
Information appeared in the media that officials are planning to introduce a business model, according to which popular Western platforms will be required to pay a 5% fee in favor of the development of domestic games of a patriotic nature. However, the Ministry of Digital Transformation submitted an official statement in which it refuted this information. Our journalists found out the details.
The BC Association appealed to the Government
The Association of Bookmakers addressed the Government with a letter in which it presented considerations on the need to unite a number of ministries, departments and organizations into a single advisory council. According to the proposals of the association, the new structure will discuss the regulation of the betting industry with market participants, raise current problems and find solutions. Read the details of the appeal in a separate article.
The Central Bank successfully tests the digital ruble
The Central Bank reported on the start of testing of the domestic digital currency, which is going well. Operations with the digital ruble using a mobile application were able to be carried out by PSB and VTB. Bank customers were able to conduct transactions in digital rubles among themselves, exchange non-cash rubles for digital ones and open a wallet in a mobile application. Learn more about the testing process and results – here.
Russian domains will be registered through state agencies
The Russian Internet segment will soon register domains through the state regulator. According to experts, such a move will minimize the problems associated with spam, phishing and the spread of viruses. The corresponding bill has already been developed.
Russia is losing its economic freedom
International ratings testify to this. Now, in terms of the level of economic freedoms, the Russian Federation is on the same level with South Africa, Gabon, Rwanda and Mali, being below the hundredth position among all countries of the world. At the end of 2021, the Russian Federation took 113th place, outstripping only Belarus and Ukraine among European countries. The compilers of the rating focus on the lack of investment freedom, government interference in market affairs, a biased judicial system and high corruption.