Encyclopedia
Processing center of a betting company
The processing center of a betting company is part of the gambling establishment, where the organizer of gambling games conducts accounting and processing of bets accepted from participants in this type of gambling games, records the results of gambling games, calculates the amounts of winnings due for payment, and provides information about the accepted bets and calculated winnings to the betting offices of the betting company1.
Federal Law No. 244-FZ dated December 29, 2006 "On State Regulation of Activities Related to the Organization and Conduct of Gambling Games and on Amending Certain Legislative Acts of the Russian Federation", as amended on July 3, 2019, Article 4, subpara. 25 // RSZ RF. 2007. No. 1. Art. 7. ↩