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Further details on proposed online gambling taxation in Russia

Monday April 11,.2016 : RUSSIAN FEDERAL TAX MOVES CONTINUE (Update)
 
Duma website gives more details on online tax proposals.
 
Further details on proposed online gambling taxation in Russia have been revealed on the national parliament's (Duma) website, confirming earlier reports of hefty taxation hikes
 
The new tax rate for online bet processing centre (TSUPIS) betting operators will be up to RUB 3 million (US$45,000).
 
In cases when the tax rates are not determined by the laws of a particular province or region, a bookmaker will have to pay a tax of RUB 2.5 million per TSUPIS.
 
Players with wins below RUB 4,000 will not be taxed, but bookmakers will have to act as tax collectors for wins above RUB 15,000 under the legislation, which is expected to become effective early in 2017.
 
Meanwhile, the publication Russkaya Planeta (Russian planet), has reported that Russian MP Ilya Kostunov of the ruling United Russia party is preparing a bill that will ban online betting across the nation.  Kostunov claims that his motivation is to protect underage and problem gamblers.

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Gambling News :

Oryx in deal with Extreme Live Gaming - #oryx Turnkey provider ORYX has selected Extreme Live Gaming for the integration of a number of Live Casino titles to its games platform.

GAN Partners with Station Casinos - B2B online gaming company GAN (formerly Game Account Network) has revealed Station Casinos as its previously unidentified partner in an announcement made August 2016

Tipbet Sponsor of easy Credit Basketball Bundesliga for season 2016/2017 - #tipbet The agreement comes with good timing; the BBL basketball 2016/17 season started last Friday, ensuring that Tipbet benefits from high visibility for its brand presence at the games.

Oceanís Call Slot Launches - Online gambling games developer Habanero has embarked on a journey across the high seas to bring players its latest HTML5 high resolution slot title, Oceanís Call.

Big Names Playing WCOOP - The big names came out to play in the closing stages of the World Championship of Online Poker this week as major prizes were handed out in a number of exciting and entertaining competitions.

Should Gibraltar and Britain be regarded as a single state under EU gambling laws? - The issue has been referred to the ECJ by the High Court with the question "should the UK and Gibraltar be treated as a single member state when it comes to EU law on remote gambling?"

Sirplay to Open Argentina Branch - #SirPlay expects the new office to be fully operational by early next year, extending its service to Grupo Slots, which holds a license to operate the provincial San Luis Lottery, and other potential LatAm clients.

DFS Changes for Ohio - #dfs Coley says that at present DFS is an example of the "pools for profit" concept, the rules for which the state Attorney General has opined are unclear in relation to DFS.

New Jersey Teams Up With Kahnawake Gaming Commission - The New Jersey Division of Gaming Enforcement and the Kahnawake Gaming Commission have agreed to collaborate in preventing unlicensed online operators from accepting bets from New Jersey and other U.S. states through the Continent 8 data centre situated on tribal land, according to reports Tuesday from the Associated Press news agency.

Petition to Ban Online Gaming in Singapore - Singapore Pools and Singapore Turf Clubís application to operate online betting has triggered the origination of a petition that calls on the Government to deny authorization and stop legalization of online gambling.

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