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Official website of the President of Russia

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Dmitry Medvedev signed law aimed to tighten government control over gambling business

April 22, 2010

The federal law prohibits any involvement in setting up or engaging in gambling business by legal entities created by individuals with unexpunged or unspent convictions for economic crimes, intentional crimes of medium gravity, grave crimes, or especially grave crimes.

The law also imposes additional requirements on gambling organisers in bookmaker’s offices or betting shops (higher net asset value, the minimum registered capital amount, a bank guarantee, and mandatory annual audits).

April 22, 2010