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No love from Russia: gambling venues must move on

The Russian government has no intention of moderating its draconian ruling that come July 1st 2009 all land gambling venues will be moved out of main cities and confined to four pre-identified areas in the country. The ruling is causing extensive repositioning of businesses and strategies among Russian Federation land gambling operators.

The Russian news agency Tass reported this week that President Dmitry Medvedev emphasised at a meeting with the chief of the Federal Tax Service, Mikhail Mokretsov, that the law on the gambling areas that all casinos should be transferred later this year will not be revised under any circumstances.

Medvedev said that at a meeting with senior activists of the Fair Russia Party earlier in the day the issue was raised and he'd informed those present: "As of July 1 all gambling activities will proceed in a very different fashion. All facilities outside the designated areas are to be closed. Four gambling zones are to be created.

"It is absolutely for certain that these rules are to take effect in due time. There will be no revision of these rules or backtracking, however strongly business entities may be trying to press for such revisions. That's the position of the state," he said.

Source: InfoPowa News

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