Putin Approves New Russian Gambling Regulations
Russian President Vladimir Putin has approved regulations that will force gambling-related firms to block anyone whose name appears on a central self-exclusion registry from placing bets.
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Russian President Vladimir Putin has approved regulations that will force gambling-related firms to block anyone whose name appears on a central self-exclusion registry from placing bets.
Lawmakers want Russian casinos to pay heavy fines if they let gambling addicts who have added their names to the country’s new “self-prohibition” registry place bets.
Almost 13 million Russians are addicted to gambling, lawmakers say, with compulsive bettors staking 21% of their monthly income on wagers and online casinos.
Russia’s upper parliamentary house, the Federation Council, has approved a draft law to fast-track the issuance of access-blocking orders for online casinos.
A Russian lawmaker expects the online casino regulation law to pass before the year ends.