20% of deductions from gambling were proposed to be directed to the development of children’s sports

In Russia, it was proposed to annually increase deductions from gambling for the development of professional, youth and mass sports from 1.5 to 2 percent of quarterly revenue. The corresponding bill was adopted in the first reading at the plenary session of the State Duma on February 8.

Dmitry Pirog, First Deputy Chairman of the State Duma Committee on Physical Culture and Sports, noted that the initiative also determines that 30 percent of the total amount of targeted deductions from gambling will be directed to the development of children’s and youth sports and mass sports, while the development of children’s and youth will be deducted at least 20 percent.

In 2023-2024, according to the bill, the amount of targeted deductions from gambling for the development of sports should be 1.5 percent of quarterly revenue, in 2025-2027 – 1.7 percent, in 2028-2029 – 1.8 percent, and from 2030, 2 percent.

“Looking ahead, we in the Committee are discussing the issue that this will not be such a long period – until 2030, but until 2024, but this will be finalized for the second reading with all interested participants in the process,” said Dmitry Pirog.

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According to the draft document, in case of violation by the all-Russian sports federation, professional sports league of the procedure for distributing targeted deductions established by the Cabinet of Ministers, the Ministry of Sports of Russia sends a warning to the relevant subject about inadmissibility. A repeated violation entails the suspension of the transfer of targeted gambling deductions for up to one calendar year.

According to the deputy, at the end of 2022, the total amount of targeted deductions, which were sent to the Unified Gambling Regulator to 117 sports organizations and three professional leagues, amounted to 13.7 billion rubles. “This mechanism has proved its effectiveness and now it is necessary to work on its development and improvement,” he concluded.

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