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Russian finance ministry reportedly targets online casino legalisation by April

Regulation

Russia’s Ministry of Finance reportedly wants to confirm a plan to legalise online casinos before the end of April, according to media reports. The proposed system would require operator permits and tax annual profits, less winnings payouts, at 30%; the article says the ministry estimates annual revenue of 100 billion rubles. An industry representative cautioned that legislation would need parliamentary and presidential approval.

The proposal could change operator permit and tax requirements if it advances into law.

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