1. Macau Gambling Industry Overview
2. Gambling Industry News
3. Industry Overview Template
4. Overview Of Casino Industry
5. Sports Gambling Industry News

Gambling Industry Overview in Russia

The following approaches will be presented

Size of Industry. Currently, 37 tracks, fairs, and satellite facilities operate in 19 counties in California. The industry generated nearly $660 million in revenue after winnings in 2017-18. Major Source of State Revenue. The horse racing industry is subject to state business and income tax requirements. The state General Fund also received. This upcoming market research report on the global online gambling market is an essential part of Technavio's media and entertainment industry and offers key insights into the market space for.

• Gambling legislation in Russia
• Gambling authorities in Russia
• Online casinos in Russia
• and more

Gambling has turned into one of the greatest policy problems for Russian Government since the beginning of the 21st century because of the rapidly increasing number of slot machines and gambling houses. Casinos started spreading all over the country, which caused a great concern for the local authorities, which were worried for the younger population.

Currently, gambling in Russia is legal in several regional subject areas. A few years ago – in 2009 – it was proclaimed as illegal in the rest of the country’s territory as part of Russia’s strict anti-gambling policy.

The authorities in the country have actually never supported web-based gambling activities, which became a reason why players’ access to poker-related websites has been blocked literally without an apparent reason.

History of Gambling Regulation in Russia

All forms of gambling were officially prohibited in 1928 and over the time when Russia was put under Soviet Rule. This lasted until almost the end of the 1980s, when some rules underwent through a change. In 1988, the country made slot machines legal in some areas only. The gambling prohibition was fully lifted in 1989.

In the period between 1989 and 2002 it was a time of a sharp increase in the number of casino operating on the territory of Russia, with over 50 gambling houses being run in Moscow alone. This type of entertainment became more and more popular among local citizens, but the country’s regulation was relatively poor, which made the country’s Government take urgent measures to control the activity.

This lasts until 2006, when a law that banned all forms of online gambling in the country was passed by the Russian Government. Until then, local customers were provided with access to most gambling websites.

In 2009, gambling was legalized in a total of four zones of the country: Kaliningrad Oblas, Altai Krai, Primorsky Krai and Krasnador Krai. The status quo lasted until three years later. In 2012, the online gambling ban in the country was brought one step further thanks to a ruling of the Supreme Court of Russia, which stated that online gambling providers’ websites must be blocked in the country.

100% up to

$/£/€150

100% up to

$/£/€150

100% up to

€25

100% up to

$259

The Roskomnadzor – a list that states all the websites proclaimed as illegal by the Russian Government – was made public later in 2012. The list includes detailed information about a number of domains held by international gambling operators. This led to some of the largest names in the industry to shut the access to their websites for Russian customers, but other operators still provide their services in the country.

Overview

There was a total ban over gambling back in the USSR, after which gambling restrictions were a bit loosened, especially in the areas that were frequently visited by tourists. An increasing number of casinos and betting houses were made available until the gambling ban was lifted by the Government in August 1989 and the first gaming location in Moscow was opened.

However, poor regulation, monitoring and control over gambling activities on the territory of the country became the reason why gambling has started causing considerable problems for the Government. This led to massive changes of the Russian gambling laws in 2009.

Gambling activities in physical casinos have been prohibited in the country for half a decade now.

As mentioned above, gambling in Russia is officially legalized in several regions located in remote parts of the country. These regions are: Kaliningrad Oblast, Azov-City (the part of Rostov Oblast was excluded from the list), Altai Krai and Primorsky Krai.

The Primorsky Krai is considered perfectly chosen in order to take advantage of the flourishing Asian market. The region is located close to the Chinese border, which is to provide the local industry with the opportunity to attract Asian high rollers to the region.

There are also plans for a super casino situated nearby Vladivostok that is also aiming at attracting more players to the area.

In December 2014, it became clear that the President Vladimir Putin gave the green light to increasing the number of the regional subject areas, which resulted into including Crimea and Sochi to the list.

Online gambling, on the other hand, is fully banned in the country. The same applies to live gambling activities in the rest of Russia’s territory. The country’s policy does not show in any way that there may be a change in these rules any time soon in the near future.

Currently, gambling in Russia has been a shaky subject, as its unchecked, uncontrolled and poorly monitored rise resulted in great gambling problems amongst the local population and especially among younger people.

In the country, however, there is a federal lottery, which is legal. The lottery offers players the opportunity to wager via two state-run lotteries – Gosloto and Sportloto. Some changes were also made in sports betting market, with the implementation of special licences that were required of operators.

Gambling Regulation and Authorities in Russia

Currently, the Russian Government performs the main state regulation of all services and activities related to gambling. There is a federal executive agency that is entitled to perform certain functions in order to monitor standard and legal regulation when it comes to gambling organization.

In addition, other federal executive authorities have some competences associated with control and audit of such activities. Several governmental bodies of the constituent entities of the country have also the authority to perform the functions of gaming zone management and regulation.

According to Russian legislation, gambling activities may be arranged by legal entities, which are registered in correspondence to the rules and procedures implemented by the Russian Federation. No legal entities, which are related to the country itself, the country’s constituent entities or local government authorities are provided with the opportunity to arrange and hold gambling services and operations.

There are four gaming zones formed in correspondence with the laws of the Russian Federation. After the President Putin agreed on increasing the number of the special gaming zones, such are expected to be set up within the Altay, Kaliningrad and Primorie, as well as on the border between the Krasnodar region and Rostov region.

The Government is to have the authority to create and liquidate a gaming zone, as well as affirming ad setting the zones’ names, borders and other characteristics under the terms of an agreement with the government bodies in constituent entities.

The current relevant authorities that are entitled with the general competence over any forms of gambling activities on the territory of Russia are the Government and the Ministry of Finance of the Russian Federation.

The Federal Tax Service of the country is also given some responsibilities to register bookmaking operators, totalizators and betting points. It is also responsible for checking the technical condition of gambling equipment. Some specific responsibilities are also given to some authorities, when it comes to control, monitoring and regulation in the latter’s general competence.

The major legislative act that defines the basics of gambling in Russia and provides regulatory solutions for the gambling services and activities in the country is the Federal Law of December 29th, 2006 No. 244-FZ.

As mentioned above, the Gambling Law calls all kinds of gambling illegal, except for the types that are regulated under specific terms and conditions in especially made gambling zones.

There are also several subordinate legislation enactments that provide better specifications and explanations to the requirements and procedures implemented in the Gambling Law. However, the legislation that is related to lotteries regulation is a separate one. Lottries are regulated by the Federal Law “On Lotteries” of November 11th, 2003 no. 138-FZ.

Online Gambling in Russia

Considering the overall state of the gambling industry in Russia, online gambling was also related to increasing concerns. So, it is not surprising that online gambling in Russia is just as heavily treated as land-based casinos activities. The web-based gambling services are currently actively banned.

More than a decade ago – in 2006 – playing games of chance was officially prohibited by the country’s laws. Poker, however, still remains in a grey area because of the discussions whether or not it is a skill or a chance game.

Locally-based players have been able to get access to overseas providers’ websites, no matter of the fact that ISPs have been asked to block websites that are related to gambling.

LONDON--(BUSINESS WIRE)--Technavio’s latest research report on the global casino gaming market provides an analysis on the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

Ujjwal Doshi, a lead analyst from Technavio, specializing in research on gamingsector says, “The exponential growth in the smartphone and tablet market is further expected to influence the growth of the global online casino gaming market during the forecast period.”

Request a sample report: http://www.technavio.com/request-a-sample?report=55083

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

The top four emerging trends driving the global casino gaming market according to Technavio media and entertainment research analysts are:

• Shift in consumer gambling habits
• Changing marketing strategies
• Increasing association with hospitality sector
• Increased penetration of international credit and debit cards

Shift in consumer gambling habits

There has been a significant change in consumer behavior in the global casino gaming market. The increase in the popularity of gambling apps and social gambling are the major factors expected to propel the growth of the market during the forecast period. Vendors are leveraging the growth in internet using population and increasing adoption of mobile devices to develop innovative social gambling games. The number of people participating in social gambling is increasing because they are motivated to compete with friends and can interact with each other through games. Moreover, these gaming platforms offer user-friendly gameplay, and game tournaments.

In addition, the increasing adoption of the free-to-play model of social gaming across the globe is likely to drive the market growth during the forecast period. The model does not generate revenue directly as it does not charge a participation fee. Instead, it charges for virtual goods that players purchase to access the advanced features of a game or to gain an edge over their competitors.

Changing marketing strategies

An increasing number of vendors are trying to tap into the mobile and online environments to reach a larger audience, which is expected to propel market growth during the forecast period. The challenge for these marketers will be to reach their customers through mobile and social media in a personalized and non-intrusive way. As a high proportion of mobile users are millennials who try to skip advertisements, marketers will need to create content that is informative as well as entertaining.

“Among the plethora of marketing options available in the current age of internet, direct mail continues to be the most used technique of marketing, adopted by the casino gaming market” says Ujjwal.

Macau Gambling Industry Overview

Increasing association with hospitality sector

Casinos are a source of luxurious entertainment for people who have disposable time and income. However, casinos are the primary attraction of a city and they are popular for their games and rewards and not for the hospitality they offer. To expand their business, casino operators are looking for alternate methods to increase their customer base and attract a younger audience. One such method is an association with the hospitality sector.

Casinos are trying to integrate their businesses with major luxury hotels to increase their customer base. Casinos are placing slot machines at restaurants, bars, and other places to attract customers. This will increase the value of these places. With the addition of small casinos to major hotels, the reach of casino games is likely to increase further.

Increased penetration of international credit and debit cards

The biggest challenge of online gambling market is the legal issues with different countries. Several countries permit land-based casino gaming because it promotes tourism. However, the US and countries in the Middle East are extremely strict about online casino gaming. Online casino gaming cannot be banned completely as users can access foreign websites with a proxy server and gamble easily with an international credit or debit card.

Governments do not ban these websites permanently because they assume that individuals who engage in such activities are educated to know the consequences or are financially well off to be adversely affected by gambling losses.

Gambling Industry News

Browse Related Reports:

Become a Technavio Insights memberand access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they’re published in addition to all 6,000+ existing reports covering segments like internet and e-commerce;media and entertainment services;and publishing and advertising. This subscription nets you thousands in savings, while staying connected to Technavio’s constant transforming research library, helping you make informed business decisions more efficiently.

Industry Overview Template

About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Overview Of Casino Industry

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

Sports Gambling Industry News

If you are interested in more information, please contact our media team at media@technavio.com.