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HOME > NEWS > Investor News > The end of the road for Russia's roulette

The end of the road for Russia's roulette

17 June 2009

RUSSIA -- As reported by The (British) Independent: " ...Russian officials insist they will strictly enforce a law due to come into force at the end of this month that bans all casinos in the country, except in four gambling zones.

"...Officially there are 30 casinos and more than 500 slot machine halls in Moscow, but as of 1 July, they all have to be closed down, along with casinos in every other Russian city.

"The idea was that by the time the ban came into force, four 'gambling zones' would have been set up, each of which would be a mini Russian Las Vegas, spread across Russia's vast landmass...

"...The minor problem is that none of these zones is yet ready for operation. Indeed, building and construction work has not even started, according to reports.

"...Part of the reason that work has been so slow on the new zones is that nobody believed that the ban would ever be properly implemented.

"...Moscow authorities are adamant that come the end of this month, casino gambling in the cities will be a thing of the past..."

 
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