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Russian Version of UIEGA
Friday October 16,2015 : NEW RUSSIAN BILL TARGETS ONLINE GAMBLING FINANCIAL TRANSACTIONS
The Kremlin's version of the UIGEA has been launched by the Finance Ministry.
Russia’s version of the US Unlawful Internet Gambling Enforcement Act (UIGEA) has been introduced to the Russian Duma by the Finance Ministry and reportedly has strong political support that includes the all-powerful president, Vladimir Putin.
Like UIGEA, the proposed legislation seeks to disrupt illegal gambling financial transactions, and prohibits banks from processing such deals.
A Finance Ministry spokesman told the Russian publication Kommersant that Russian residents are prohibited from gambling on land or via the Internet and the law will help the authorities to enforce that ban.
The Russian administration has been sending apparently conflicting signals this year; in addition to the new finance measure detailed above there have been unsuccessful attempts to introduce ISP-blocking, and Roskomnadzor maintains an online gambling website blacklist, yet only two months ago President Putin directed that a study should be made on regulating online poker due to its skill-based nature.
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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