Putin Gives Bookmakers A Lot To Think About With New Regulations
Published January 7, 2021 by Sol FH
Russian President Vladimir Putin signs-off on new legislation that calls for an overhaul of the Russian sports betting market.
Last week, Russian President Vladimir Putin officially signed legislation that calls for a major overhaul of Russia's online sports bettingindustry. The new legislation includes much stricter oversight for the entire internet in Russia, including the approval of the Roskomnadzor telecom watchdog to scan traffic that would be considered ‘discriminating’ against Russian media. This includes the likes of Facebook, Twitter, and YouTube.
The new laws will also include biometric authentication from customers seeking to use financial and public services.