Legalization of Online Casinos in Russia: Ministry of Finance Plans

The Ministry of Finance of the Russian Federation is considering legalizing online casino operations within the country. This initiative aims to regulate the gambling market and increase state budget revenues.

The proposed regulatory mechanism relies on existing experience in managing bookmaking activities. A Deputy Minister of Finance noted that new rules could be developed by analogy with legislation governing totalizators and bookmakers.

Key aspects of the discussed reform include:

• Creation of a unified system for controlling online transactions
• Implementation of licensing for virtual casino operators
• Ensuring transparency of player financial flows

Legislation will allow the state to establish strict frameworks for online casino operations, similar to those implemented in sports betting. This decision could serve as the first step toward integrating the illegal sector into the legal framework.