Azerbaijani government determines share of funds from activities of sports totalizators for development of physical culture and sports in country
Azerbaijan, Baku, August 23 /Trend, M.Aliyev/
The Azerbaijani government has identified the share of funds from the activities of sports totalizators directed towards the development of physical culture and sports in the country, said the Cabinet of Ministers.
Upon the decision, 4.2 percent of the funds invested by the players of sports totalizators will be directed towards the development of physical culture and sports in Azerbaijan.
From this year, the activities of sports totalizators in the country will be governed by the state. Azeridmanservis department has been established under the Ministry of Youth and Sports, which will implement activities of totalizators in cooperation with the Turkish İnteltex Company.