The bill, passed in its third and final reading, stipulates that the overall amount of deductions should not be less than 15 million roubles (US$ 260,723) per quarter.
The legislation will allow bookies to advertise in sports media, match broadcasts, at stadiums and on athletes’ uniforms.
Bookmakers Self-Regulatory Organisation (SRO) head, Darina Denisova, previously welcomed the advertising part of the bill, saying that "the industry's representatives have for a while been ready to invest hefty sums in their promotion."
The bill now needs to be approved by the Federation Council and signed by President Vladimir Putin, but it is unlikely to be turned down or amended at these stages.
Source: GMB / AG Brief
