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Virginia Lottery Board Approves Sports Betting Regulations

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/6643e16afd87312befa164d5a24507e3?s=96&d=mm&r=g September 18, 2020 September 18, 2020

By: The HALLO ECHO

September 18, 2020

The Virginia Lottery Board has approved the proposed sports betting regulations after the fifty-six day public consultation period ended on September 9. As part of the public consultation, it received 183 comments from various companies and sports leagues. The Lottery’s deputy director Gina Smith said each comment was read and reviewed. “Creating a regulatory…

Russia’s State Duma Approves Overhaul of Sports Betting Laws

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/6643e16afd87312befa164d5a24507e3?s=96&d=mm&r=g July 27, 2020 July 27, 2020

By: The HALLO ECHO

July 27, 2020

The Russian State Duma has approved the legislation that will significantly overhaul the Russian sports betting industry, imposing tax on bets placed on overseas events and extending financial obligations to all market participants. The State Duma passed the bill in the second and third reading. The new rules pose limits on the types of…