Gambling News Digest 18-February 24

Russian bookmakers disagreed on the possible increase in the target deductions, the government again wants to raise the issue of taxation of winnings in betting shops, and the ERAI took disciplinary measures against one of the Russian betting companies. Read which bookies are most often mentioned by Twitch streamers, how many thousands of jobs are planned to create in Primorye and how much money the government will allocate for the organization of a large-scale cyber sports tournament in Login Casino digest February 18-24.

On February 9, in its first reading, the State Duma passed a bill according to which the target deductions for bookmakers will be gradually increased until 2030, until they reach 2%. Representatives of the largest betting companies on the Russian market commented on this initiative:

Director General of BC Fonbet Sergey Anohin believes, that increasing of target betting deductions will lead to reduction of number of legal gambling operators on the market, as many of the small companies will appear on the verge of survival;

President of BC League Betting Yuri Krasovsky has sided with the state and considers increasing of rates logical. Moreover, he says that the bookmaker office is ready to accept the additional load and does not see in the approved draft law serious risks for its work;

President of BetBoom Konstantin Makarov holds the opinion that in the next readings of the bill may change significantly, so it is too early to assess the possible risks and consequences of higher deductions.

Earlier, the Ministry of Finance excluded from the draft law on amendments to the Tax Code of the Russian Federation a norm about the amount of winnings up to 15 thousand rubles, from which income tax is not withheld. However, the Presidential Administration of Russia insists on the continuation of the development of an adequate system of taxation of winnings in BC. The final version of the bill should go to the State Duma before the end of May this year, and by this time the document should again contain requirements for the amount of taxable winnings and income tax rates.

For the first time on the website of the Unified Regulator there appeared information about the violation by the operator of the standards and rules, which concern the work of the organizers of gambling. Let us note that the publication of such information in the public domain is in itself a disciplinary action against the organizer. The first company to fall under such measures was BK 1хStavka. According to the information provided, the bookmaker violated several norms of standards and rules at once, including the obligation to join the ERAI IS and to comply with the requirements of interaction with the information system, ensuring timely, complete and accurate reporting, verification of gamblers, the founders and members of the company’s board of directors and others.

At the same time it became known that the bookmaker 1xStavka was excluded from the membership of the First SRO Bookmakers. The decision on exclusion was taken by the Council of the Union on February 22. The reason was that the operator violated the norms of business reputation, of competition in the industry. As noted in the SRO, the number of negative publications in the media in relation to the bookmaker has increased significantly, moreover, the bookmaker is the leader in the number of unresolved complaints and appeals of players. Recall that 1xStavka joined the SRO in December 2014.

Bookmaker 1xStavka’s legal entity, Stavka Ru, filed a lawsuit in the Moscow arbitration court, in which it asked to oblige the ECUPIS operator – Mobile Card Company – to execute the payment order. According to the published documents, this payment order was for payment of taxes, earmarked contributions and employee salaries. However, the court denied the motion, finding no basis for granting it.

The Association of Bloggers and Agencies conducted an analysis of the ad integrations of the 50 most popular Russian-language streamers on Twitch. The monitoring showed that the main advertisers of streamers are companies that are associated with online casinos, computer games and betting. In this case, the largest number of mentions is for betting shops, among which the largest share of advertising is for Winline – 491 mentions and BetBoom – 310 mentions. The list also includes the bookmakers Pari – 77 mentions and 1xBet – 49 mentions.

The statement was made by Pavel Rozhkov, President of the Russian Paralympic Committee. According to him, the unified regulator has started to send non-budgetary support through targeted betting contributions in favor of the All-Russian Sports Federations, which are engaged in the development of Paralympic sports. This allows us to work actively with athletes and organize competitions and spartakiads in different regions of the country. In 2023 it is planned to organize more sporting events, including children and youth events, at the expense of bookmakers’ deductions, which will allow to stimulate the development of sport in the country and find promising athletes for the reserve of national teams.

Today the Primorye Gambling Cluster employs 1200 people, among whom are both residents of the region and citizens who moved from other regions. However, according to the representatives of the Primorye Territory Development Corporation, the tourist and entertainment zone is rapidly developing and will soon create over 20 thousand jobs to maintain its operation. Moreover, employed citizens receive full social package, the opportunity to undergo training at the expense of the employer and assistance in relocation, if it is required.

Nia also the principles of goodwillhe Russian parliament will reconsider the draft law on the legalization of mining in the country. Anton Gorelkin, deputy chairman of the Committee on Information Policy, said about it. According to the deputy chairman, the consideration of normative acts of the profile is held with long delays and constant postponements. Therefore, in the best case scenario the bill will be implemented in 2023.

That’s how much the Government is planning to allocate to the organization of the Games of the Future, which will be held in Kazan from February 23 to March 2, 2024. To prepare for the event in 2023 will allocate 1.8 billion rubles, another 3.5 billion rubles of funding is planned for 2024. In the Games of the Future will participate 250 teams from different countries, and the prize fund will reach $ 25 million.

Read also: Effective marketing in messengers

Read also: Social responsibility of gambling industry

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