Russia’s Ministry of Finance has drafted a new bill designed to block payment transactions with international online gambling companies.
According to Russian news website RBC.ru, the proposed legislation, which is set to be discussed by the government on Thursday, sets out regulations that would require banks and payment processors to block transactions between punters in the country and international operators.
Should the bill gain approval, the Federal Task Service would create a blacklist of Russian and international companies and individuals that participate in illegal online gaming activities, with the list to then be sent to financial institutions in the country, which would in turn block future transactions.
Kahnawake Plan to Operator Online Sports Betting Site The Canadian Gaming Association (CGA) is today calling on the Senate of Canada to bring Bill C290 to an immediate vote. Their inaction on the bill continues to foster an illegal, unregulated and dangerous environment for Canadian sports bettors.
On June 2 the Mohawk Council of […]
Australian Regulators “Wash Hands” on Online Gambling Apps Australia’s main online gambling licensing body has effectively washed its hands of the controversy over its licensees’ efforts to circumvent the nationwide ban on online in-play wagering.
Australia’s Interactive Gambling Act 2001 restricts in-play wagering to telephone or in-person […]
Russia Ramps Up War on Internet Gambling Russia this week tightened the screws on banks and payment processors, ordering them to cleanse the names of unlicensed online operators from their client lists.
The Izvestia news agency has reported that the Russian media regulator, Roskomnadzor, has written to Russia’s largest bank, […]