The Ministry of Finance of the Russian Federation has developed the draft amendments to the Tax Code, involving twofold increase of tax rates for all types of gambling activities.
According to the document, casino operators would pay RUB$250,000 (US$4,000) per gaming table. The companies have been paying RUB$ 50,000 (US$800), whilst the tax rate on slot machines would increase from RUB$3,000 (US$50.43) to RUB$15,000 (US$252.15).
The processing centre for bookmakers would grow from RUB$50,000 (US$840.50) to RUB$250,000 (US$4,202.50). For the online sector, the bet processing centre would be kept at the same rate of RUB$2.5 to 3 million (US$50,430). Meanwhile, the betting shop tax would increase from RUB$10,000 (US$168) to RUB$14,000 (US$235).
Although the local media has confirmed the entry into effective of the law, the Union Gaming commented that the negotiation has not been completed yet. The analysts also added that the tax rates will vary depending on the gambling area.