Russia‘s bookmakers are protesting their government’s proposal to tax sports bettors’ winnings.
Russia is in the process of regulating its online sports betting market and its most recent draft decree was published in May. The Ministry of Finance’s latest proposal calls for bettors to be exempt from a 13% betting tax provided their winnings total less than RUB 4k (US $74).
But Russian bookmakers point out that the tax would apply if a …read more
Source:: Russian bookmakers protest gov’t plan to tax bettors’ winnings
Russian bookmakers protest gov’t plan to tax bettors’ winnings
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