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Siluanov proposes Russian online casinos to raise RUB100bn annually

Regulation

Finance Minister Anton Siluanov has proposed legalising online casinos in Russia to President Vladimir Putin, reportedly as the government seeks revenue amid a budget deficit. Siluanov estimates the sector could generate about RUB100 billion a year; the proposal would allow adults over 21 to bet through a central operator and impose a tax of at least 30% on licensed companies’ earnings.

The proposal could create a new regulated online casino market and impose a tax of at least 30% on licensed operators’ earnings.

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Regulation

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