CIS 2020 in review: Russia
4H Agency partners Ilya Machavariani and Ivan Kurochkin look back at regulatory developments in Russia over the last 12 months and assess the coming year
- key changes that were introduced in 2020;
- forthcoming changes in Russian gambling market in 2021
- 4H’s point of view on the upcoming changes.
Key changes that were introduced in 2020
inter aliaLimitation of types of events available for wagering:Modifications to the special contributions mechanism:the full amount of proceeds received by the sports betting operator from its activities in terms of accepting betsinteractive bets in relation to the sports competitionsCreation of the Unified Gambling Regulator UGRinter alia- to retain and transfer special contributions to Russian sports organisations
- to identify and combat illegal online gambling
- to prepare suggestions for improvement of Russian gambling regulations
- to arrange for the development and operation of new IT-systems of a monitoring nature with the main aim being to provide supervision over the activities of the sports betting operators. Among the functions of such IT-systems is inter alia to gather information on all placed bets, paid and unpaid winnings, all cashier operations of the sports betting operators.
Forthcoming changes to the Russian gambling market in 2021
per seinter alia- creation of the UGR;
- creation of the Unified TSUPIS;
- development and implementation of the mentioned above IT-systems;
- preparation of all secondary legislation and technical documentation required for the creation and further implementation of new concepts.