Click Here

You are here: Home / More Than 1000 Casinos Shut Down in Moscow

More Than 1000 Casinos Shut Down in Moscow

Nov 28 2008 - 12:31pm

MOSCOW, November 28 (RIA Novosti) - More than 1,000 casinos have been closed down in Moscow in the past 18 months under a law passed last year to move gambling from large cities to far-flung regions, a Moscow government official said on Friday.

Under the law designed to curb Russians' growing addiction to gambling, approved by parliament and signed by then-president Vladimir Putin, casinos in the capital and other cities are to disappear completely by next July.

"In the past year and a half, more than 1,000 stores, art galleries, libraries, children's organizations, and clinics have opened in the city as a result of the closures of casinos," the official told RIA Novosti.

Casinos will only be allowed in designated areas of the Altai Territory, Siberia, the Far Eastern Primoriye region, the Baltic exclave Kaliningrad, and in southern Russia, all of which are low-income regions.

Authors said this will fight gambling addiction in major cities and boost economic development in the poorer regions.

Critics have said city budgets will lose billions of dollars in tax revenues, and predicted a rise in illegal gambling.

Investment in projects to build gambling sites in the designated regions has been slow, with the financial crisis tightening its grip on local governments and businesses.

betus
sbgglobal


Play online poker with thousands of real people for FREE


sportsbetting





Hollywood Sportsbook
Sportsinteraction

Gambling News

  • Online Gambling
    You may have read my article yesterday entitled “ACLU Should Stand Firm in Kentucky Online Gambling Issue” where I reveal how the Kentucky Supreme Court ruled the commonwealth may seize some 141 online gambling-related domain names, something even our friends in China would never do.
  • Belgium Online Gambling
    The European nation of Belgium will soon be permitting online gambling operators on their soil and granting licenses. The new amendments, termed the New Belgian Gaming Legislation, were published last month and expected to go into effect next year.
  • iGaming Super Show
    Gambling911.com can reveal that its beat reporter Jagajeet Chiba will be attending the must ballyhooed iGaming Super Show May 25 – 28 in Prague, Czech Republic, along with his lovely wife, Sadhvi.
  • Australian casino king, James Packer, friends, associates and even a few Hollywooders will gather at the Sydney Overseas Passenger Terminal in Sydney in aid of indigenous Australians - GenerationOne!
  • The online gambling sector was dealt a serious blow on Thursday with news that the Kentucky Supreme Court reversed a state court of appeals ruling blocking an attempt by the Commonwealth of Kentucky to seize 141 domain names related to online gambling.
  • World Sports Exchange
    The once proud World Sports Exchange (WSEX.com), founded in 1996, has fallen on bad times and co-founder Jay Cohen hasn’t said much about the matter.
  • Berlin Poker Robbery
    Police have launched a massive manhunt for two remaining suspects in a brazen Berlin poker robbery. Two individuals are now in custody following the March 6 incident at the Grand Hyatt Hotel during the concluding hours of a major poker tournament, the European Poker Tour.

User login