⚡️ Armenian Operators Now Required to Withhold 10% Tax on Winnings Over 5 Million Drams (€12,000).
For smaller amounts, players must calculate and pay a 5% income tax on their net winnings themselves.
This week also brought two regulatory updates from Russia, though, like Russian footballers, these are "not a sure thing":
⚽️ A Bill Introduced in the Russian State Duma
The bill aims to close the last loophole in the use of game visualization by online betting operators.
⚽️ The Federation Council Approved a Law Granting Roskomnadzor the Right to Block Operator "Mirrors"
Update: The law granting Roskomnadzor this authority has now come into effect.
Stay tuned for the latest regulatory news from the world of gambling! 📰✨
For smaller amounts, players must calculate and pay a 5% income tax on their net winnings themselves.
This week also brought two regulatory updates from Russia, though, like Russian footballers, these are "not a sure thing":
⚽️ A Bill Introduced in the Russian State Duma
The bill aims to close the last loophole in the use of game visualization by online betting operators.
⚽️ The Federation Council Approved a Law Granting Roskomnadzor the Right to Block Operator "Mirrors"
Update: The law granting Roskomnadzor this authority has now come into effect.
Stay tuned for the latest regulatory news from the world of gambling! 📰✨