Encyclopedia
Processing Center for Interactive Betting Totals
The interactive betting processing center of the tote - a part of the gambling establishment, where the organizer of games of chance conducts accounting and processing of bets accepted from participants in this type of games of chance, organizes the conclusion of wagers between participants in this type of games of chance upon acceptance of interactive bets, and carries out accounting and processing of accepted interactive bets based on information received from the unified accounting center for translations of bookmakers and tote systems, records the results of games of chance, calculates the amounts of winnings due for payment, provides information regarding accepted bets, interactive bets, and calculated winnings to the betting acceptance points of the tote and to the unified accounting center for translations of bookmakers and tote systems1.
Federal Law of December 29, 2006 No. 244-FZ "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 September 1, 2021, Art. 4, subpara. 26.1 // RSZ RF. 2007. No. 1. Art. 7. ↩