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New Russian Sportsbetting Tax Proposal Not Popular Among Punters

Recently the Russian government has announced that they want to legalize online sportsbetting and tax winners at a rate of 13% if wins exceed 4,000 rubles (£47). That announcement isn't exactly sitting well with punters though, who claim the rate is too high.

Punters are claiming that the proposal is written poorly and does not spell out the period during which winnings are accrued, as well how the government would keep punters from opening accounts at several bookmakers to stay under the 4,000 ruble limit. Other issues include whether the law will allow players to claim losses, and whether tax authorities will be able to actually monitor all the activity.

It is also thought that the proposal could lead to punters turning offshore in order to avoid paying taxes on winnings.

Casino Listings will update this story as more developers arise.

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