Gaming industry news digest March 25-31

When will Boxbet LLC be liquidated, who became a member of the Presidential Council on the development of sport and physical culture, how many years in prison received the Kazakh organizers of gambling in TikTok and how much money the budget of Primorsky region will lose because of the relaxations for the gaming zone – read the digest Login Casino March 25-31.

The Unified State Register of Legal Entities lists the starting date of Boxbet LLC liquidation as March 22, 2023. According to the stated terms, it is planned to finish the liquidation by March 14, 2024.

The company’s creditors should note that they can make claims only within two months from the start date of liquidation.

Umar Kremlev, chairman of the executive committee of the Russian Boxing Federation, joined the Board. He also advocated reform of the betting market in Russia and the establishment of a Unified Gambling Regulator.

In addition to Kremlev, the Council will now be chaired by Mikhail Mamiashvili, president of the Russian wrestling federation, as well as politicians and other representatives of sports organizations.

According to the law of the Republic of Kazakhstan, it is forbidden to organize gambling business in social networks. Attackers accepted bets and paid winnings using bank transfers. The scheme existed for four months and brought in an illegal income of almost 13 million tenge.

The five defendants were engaged in the installation of gambling equipment in various retail outlets and gambling games in Arkhangelsk and Primorsky district.

At the moment, the investigation continues, but three of the participants have already fully admitted their guilt.

Reduced tax rates were introduced for the first half of this year. Because of this easing, the regional budget will sag by about 22 million rubles.

However, this support for gambling business plans to wind down and from July 2023 to return to the original taxation, prescribed in the legislation.

In comparison with the indicators of the first two months of 2022 in the same months of 2023 the Georgian budget received 12% less revenue from gambling business.

Both fee revenues and lottery revenues decreased.

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