Russian President Signs Law Banning Direct Bookmaker Payouts to Cards

The President of Russia has signed legislation prohibiting bookmakers from distributing winnings directly to customer bank cards. The measure introduces new restrictions on how betting operators handle financial transactions with players.

Regulatory Changes for Betting Operators

The new regulation alters the standard payout procedure for licensed betting companies operating within the country. Operators must now utilize alternative payment methods approved under the updated framework instead of direct card transfers. This adjustment modifies the established financial workflow for all registered bookmakers.

The legislative update aims to standardize monetary flows and improve transaction tracking across the betting sector. Companies will need to update their internal processing systems to align with the revised payout requirements. The legislation takes effect following its official publication in the state registry.

Information regarding the legislative update was provided by bookmaker-ratings.ru. Further technical specifications and implementation deadlines will be outlined in upcoming regulatory documents.

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