Russian online casinos may end up without electronic money

Russian online casinos risk being deprived of electronic cash due to recent amendments to the law "On Government Regulation of the Gambling Business and Amendments to Individual Legislative Acts of the Russian Federation," which bans online gambling as of January 1, 2007. Yandex previously announced its refusal to process payments in favor of online casinos via Yandex.Money. The payment system Moneymail.ru is planning to follow suit.