QIWI shares collapsed after Putin’s order

QIWI shares fall more than six percent during the bidding on August 25, the data of the Moscow Exchange is evidenced. By the time of writing news, the cost of papers was 668 rubles, at a minimum it was lowered to 667 rubles.

Paper is cheaper after the publication of the order of Russian President Vladimir Putin on approval of a single center for translating the betting bets of the bookmakers. They became the non-bank credit organization “Mobile Card”. The document will come into force on September 1.

QIWI claimed this role, one of the largest payment services and the operator of the payment wallets of the same name. In December 2020, the company reported Interfax that her revenue could suffer without an active role in this area.

Act, an establishment of a single gambling regulator as a new state body with broad authority of the oversight of the rates on the outcome of events, was adopted in December, the new appointed metering center should replace individual operators by the end of September.

/Media reports.