RUS GVT Amending Law on Lotteries


On Oct. 26, RUS GVT published law amending the law on lotteries.


  • RUS GVT issued law 354-FZ amending article 10 of the law on lotteries.
  • Key Points
  • The law provides for a gradual increase in the size of targeted deductions from lotteries, which are used to finance socially significant facilities and events.
  • This includes events for the development of sports, high-performance sports and the system of training sports reserves, as well as a change in the basis for its calculation.
  • Effectiveness
  • The law enters into force on Jan. 1, 2025.

Regulators RUS GVT
Entity Types CNSM; Corp; Gambling
Reference OG, Law 354-FZ, 10/26/2024;
Functions Compliance; Legal; Risk
Countries Russia
Category
State
Products Corporate
Regions EMEA
Rule Type Final
Rule Date 10/26/2024
Effective Date 1/1/2025
Rule Id 231065
Linked to N/A
Reg. Last Update 10/26/2024
Report Section International

Last substantive update on 10/29/2024