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Kremlin Launches Russia's Version of UIGEA

Russia's Finance Ministry has introduced a bill that would target online gambling financial transactions, bringing comparisons to the United States' Unlawful Internet Gambling Enforcement Act, which has clamped down on internet betting in their country.

The bill would prohibit banks from processing illegal gambling transactions, putting an additional strain on casino operators who offer services to Russian punters. Currently online gambling is illegal in Russia, and the bill would make it even harder for gamblers to partake in the activity. Russian President Vladimir Putin has said that he would like to see a study regarding online poker though, given the skill merits of the game.

The bill has been introduced to the Duma and is awaiting debate and passage. Casino Listings will update this story as more developments arise.

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