Russia set to implement new quarterly sports betting tax

Russian sports betting licensees must pay 5% of GGR every three months under new bill from autumn 2020

The Russian State Duma has adopted a bill which requires Russia-licensed sports betting operators to pay a new tax of 5% GGR on a quarterly basis to Russian sports federations. The bill, which has passed through a second and third reading in the Duma, requires all licensed operators that process bets on non-Russian sports events…

Ilya Machavariani | Legislation | Regulation | Russia | Sports betting