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Russia’s finance ministry proposes online casino legalisation with RUB100bn tax target

Regulation

Russia’s finance minister Anton Siluanov proposed legalising online casinos and said the plan could raise RUB100bn in tax revenue. The Russian Orthodox Church criticised the proposal, while the ministry said it aims to tax operators’ profits at 30% annually; President Vladimir Putin had not commented.

Operators would face a proposed 30% annual tax on profits if the plan proceeds.

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