RUSSIA

Russian launches 15 state lotteries to support boxing

Russian government has ordered to organize 15 state lotteries in support of boxing. The corresponding order No. 191-r is published on the official state site for legal information. Ministry of Finance of Russia is to be the lotteries organizer.

Five all-Russian state lotteries and 10 no-draw all-Russian state lotteries in support of the development of boxing are planned. 15 years has been set as the deadline to run these lotteries.  According to the document, the Ministry of Finance will act as the organizer of the lotteries, and Sports Lotteries LLC will act as the operator.

It is worth mentioning Russian parliament has adopted a law banning electronic and online no-draw lotteries. According to the law, there can be no more than three lottery operators in Russia.

 

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