Russian gambling tax revenues up 27 pct in 18Q1

Tax revenue from Russia’s five gaming zones increased 27 percent year-on-year in 18Q1, with a total of RUB 189.15 million (US$3.2 million) in taxes was paid by the zones.

Azov-city, which faces closure, paid the largest amount of taxes - over RUB 78 million. Primorye paid about RUB 27 million, Siberian Coin paid RUB 10.6 million, Yantarnaya paid RUB 23 million, while Krasnaya Polyana in Sochi - paid around RUB 50 million.

It is also understood that out of all the gambling zones in the country, only the Krasnodar Territory has decided to increase the gambling tax for casinos by two-fold, while other regions have opted to leave the current tax rates in place.

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