
No, he’s not featuring in ‘The Nutcracker Suite,’ but Russia’s Vladimir Putin could be playing online soon poker. (Image: MIKHAIL KLIMENTYEV/AFP/Getty Graphics)
The us government of Russia is actively considering legalizing and regulating online poker, according to Russian business and politics daily Kommersant, hence opening a potentially huge market which could be worth $145 million annually in fiscal revenue alone.
The Russian daily book says that Russian First Deputy Prime Minister Igor Shuvalov has instructed the Ministry for Economic developing and the Ministry of Justice to compile a written report on legalizing Internet poker, that is due for consideration on July 21st. Kommersant stated that the given information had been provided by unidentified sources within the government.
Moscow has apparently been swayed by certain projections that are fiscal with some analysts claiming that on-line poker legalization could bring 2 to 3 billion rubles ($58 million to $87.5 million) to your state’s coffers per year, a figure which could possibly swell to meet or exceed 5 billion rubles ($145 million) within five years.
The figure that is former centered on a model in which 1 to 1.5 billion rubles would be levied as being a taxation on operators, with a similar amount from the players’ tax. Whether Russia would adopt a framework that is monopolistic an open market remains to be seen.
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