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Bookmaker activity to be officially launched in Azerbaijan in next week

Society Materials 13 January 2011 19:22
Bookmaker activity will be officially presented in Azerbaijan on Jan.18.
Bookmaker activity to be officially launched in Azerbaijan in next week

Azerbaijan, Baku, Jan. 13 / Trend M.Aliyev /

Bookmaker activity will be officially presented in Azerbaijan on Jan.18, Azerbaijani Youth and Sport Ministry Spokesman Samaya Mammadova told Trend today.

Azinteltek, which is engaged in this, has prepared post-terminals and conducted training on the management of this equipment.

Mammadova said the Taxes and Finance Ministry agreed that tax on the activities of firms will account for up to six percent.

All offices and items that up to that time worked on an illegal basis will suspend operations.

The Azerbaijani Premier League's games are planned to be included in the Tote.

On Aug. 23, 2010, the Azerbaijani Cabinet of Ministers identified the share of funds from the activities of sports totalizators directed towards the development of physical culture and sports in the country.

According to the decision, 4.2 percent of the funds invested by the players of sports betting will be directed to the development of physical culture and sport in Azerbaijan.

The totalizators activities in the country are governed by the state from 2010. The Youth and Sport Ministry established the Azeridmanservis department, which will undertake management of the sport totalizators together with the Turkish company "Inteltex".

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