The information was released by Russia’s State Duma Committee for Physical Education, Sport, Tourism and Youth Affairs. On the eve of the World Cup, many Russian bookmakers have expanded their networks to cope with the growing demand of people wishing to win via football matches forecasts.
According to the legislators, the amount of bets could have been even bigger if the Russian gaming business was protected from the pressure of the illegal sector, whose share, according to some experts, exceeds the legal one minimum by half.
Under russian law Russian players have to pay 13 percent tax themselves if the winning is less than 15 thousand rubles. For the bigger winnings the tax is paid by the bookmaker.
All licensed bookmakers who have contracts with Russian sports federations are required to pay 5% of their profits or at least 15 million rubles quarterly.
Source: GMB / Pnp.ru
