Online casino legalization could yield 100B RUB yearly
The legalization of online casinos could bring 100 billion rubles to the budget annually, said Deputy Minister of Finance Chebesskov.
Consensus
- Legalizing online casinos could generate approximately 100 billion rubles per year for the Russian budget.
- The size of the illegal online casino market is comparable to the legal betting sector.
- The Russian Ministry of Finance is considering the option of legalizing online casinos.
- The illegal online casino market results in significant state revenue losses.
- The state is losing funds that could be used for public purposes, some of which are diverted to criminal activities.
- The Ministry of Finance has proposed to the Kremlin the idea of legalizing online casinos, which requires further work.
- The Russian government has passed legislation to accelerate the blocking of websites offering illegal gambling.
- More than 64,000 Russians have installed self-exclusion from gambling as of September 29.
Points of divergence
- The deputy minister emphasized that gambling has both positive economic effects and social risks, including gambling addiction, and that mechanisms for protecting citizens, such as self-exclusion, must be included. — vedomosti
- The deputy minister mentioned that the Ministry is considering both legalization and prohibition of online casinos. — tg_rian_ru
Coverage (2 sources)
- Chebesskov: legalization of online casinos may give the budget 100 billion rubles a year — Ведомости
- Legalization of online casinos may bring 100 billion rubles to the budget annually, Deputy Minister of Finance Chebesskov stated. — РИА Новости (Telegram)