The license for bookmaker activity issued by the Federal tax service of Russia on the basis of a written application with the application of a certain set of securities. The license is exclusively legal. entities which founders are the only residents of the Russian Federation.
The total amount of the share capital may not be less than 100 million rubles, in addition, you must provide a Bank guarantee in the amount of 500 million rubles. The licence applicant must document the source of the funds contributed to the authorized capital. The authorized capital of the organization should not be formed with the help of borrowed funds. The real value of own property of the bookmaker minus debts, in other words, net assets must be at least 1 billion rubles.
To open a bookmaker must ensure that its head of experience in the field of gambling. It is confirmed by the entry in the labor book or labor contract.
Separate requirements apply to the location of such an institution:
- the premise for the implementation of the activities of bookmakers or betting should be only in capital structure;
- the room should be partitioned into two areas: service and service participants (clients);
in the room, be sure that there is a separate room for staff, separate for reception, storage and distribution of money, some for protection (this condition is optional for the betting).
The creation of a website for betting on sports is held to the same legal requirements.