The future of the industry

The basic scenario is to preserve the prohibitive model with targeted modernization: digital sales of gosloteria, eKYC/AML for payments and further blocking of the illegal online segment.

The political agenda periodically returns the topic of IR complexes, but any shifts are possible only with strict restrictions (entrance fee, limits, compliance, responsible play).

Domestic business will continue to shift to entertainment products without a gambling component (arenas, shows, e-sports, entertainment), honing partnerships with tourism.

Key uncertainties: macroeconomics, public opinion and regional competition (border casinos of neighboring countries).

Even without legalization of casinos, the vector for "digital transparency" and payment infrastructure will increase, reducing gray turnover and forming conditions for more balanced regulatory decisions in the future.