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Will Russia Legalise Online Poker
Friday January 22,2016 : IS RUSSIA ABOUT TO LEGALISE ONLINE POKER?
Some believe that a combination of an economy under siege and a need for more tax revenues could see a change in government attitudes.
The publication Business Insider published a speculative article this week suggesting that the Russian government is about to execute a volte face on its stand that online poker is unlawful.
Written by academic and author Robert Carmona-Borjas, the article claims that the Russian government is seriously considering the legalisation of online poker in the near future as a game of skill in order to raise significant tax revenues.
He is supported in his view by legal expert Alexander Zakondyrin, who claims that Russians constitute as much as 8.4 percent of the total players on PokerStars, and that 16 percent of Russia's massive population enjoy playing the game.
“Russians play poker, but their money goes abroad,” Zakondyrin observes, adding that the Russian economy is at a crisis point and needs tax revenues due to low oil prices, high defence expenditure, and the impact of sanctions following the confrontation with the West over Ukraine.
The legal expert notes that there are many bureaucratic and logistical hurdles to overcome before legalisation is achieved, and that conditions imposed by the government will probably include full disclosure by players and the location of servers on Russian soil.
Zakondyrin remains optimistic, however, commenting:
“In my opinion, conceptually the decision to legalize online poker has been already made by the Russian government.”
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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