Russian Sports Betting Tax Proposals Threaten the Success of Legalized Online Poker
Key Takeaways
  • In a recent interview, SRO Bookmakers Chairman Nikolai Oganezov complained about the negative impact tax increases proposed by the Finance Ministry will have on the nascent Russian igaming industry.
  • As the impact of gambling taxes is higher on online poker, by extension, the tax rises could threaten the success of a regulated online poker industry even before legislation is passed.

In a recent interview, SRO Bookmakers Chairman Nikolai Oganezov complained about the negative impact tax increases proposed by the Finance Ministry will have on the nascent Russian igaming industry.

As the impact of gambling taxes is higher on online poker, by extension, the tax increases could threaten the success of a regulated online poker industry even before legislation is passed.