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Moscow Casino's Will Become Poker Rooms

Russia's ban on land casinos in its main cities, effective July 1st this year, has presented operators with some tough decisions. Is it worthwhile to relocate to the four special gambling zones - mostly out in the boonies - decreed by the government, or is there an alternative course?
 
A growing number of operators are seriously considering staying where they are, but switching their focus to poker instead of casino gaming. Their motivation is based on a key development in 2007, when the Federal Sports Agency classified poker as a "sport," following an order signed March 26 by the body's head, Vyacheslav Fetisov.  Pokerstars
 
On June 26, 2007, Seven-Card Stud Poker, Omaha and Texas Hold'em were officially included in the All-Russia Registry of Sports.
 
That means poker can be offered outside of the confines of the draconian new gambling dispensation, opines the Moscow Times in an article this week.
 
As much as ninety percent of gambling companies are planning to continue operating in the capital, becoming restaurants, entertainment centres and concert halls, Deputy Mayor Sergei Baidakov said last week. There are currently 549 gambling establishments in the city, including 32 casinos, he said.
 
The Moscow Times reminds readers that the entire Russian gambling industry was supposed to relocate to four special zones by this summer. Of them, the government has signed orders creating three: Azov-City, on the border of the Rostov and Krasnodar regions; Sibirskaya Moneta, in Altai; and Yantarnaya, in the Kaliningrad region. An order to create a zone in the far eastern Primorye region has not been signed, and none of the zones will be ready to operate by July 1.
 
Approximately one-third of Moscow's casinos will start holding competitive poker tournaments after the July deadline, an executive at the Gaming Business Association told the newspaper.
 
"This game doesn't have any connection to the gambling business, since in sports poker the players are competing against one another not the casino," said the Gaming Business Association official. "In Austria, Denmark and several U.S. states, poker has been removed from the list of games of chance."
 
The Federation of Competitive Preference is in talks with gaming business operators on holding tournaments, which would require certified personnel and equipment, video surveillance systems and so forth, said Dmitry Lesnoi, the federation's president. Preference, a whisk-based card game that is played with a 32-card deck, has been popular in Russia for some time.
 
"Of the five largest casinos, we'll most likely leave Jazz Town and Shangri-La, which will primarily become poker clubs. The facilities' income will come from renting the tables out to players," said Lavrenty Gubin, a spokesman for Storm International. 
 
"We're holding talks with the poker federation and are considering holding tournaments as an alternative use of the space after the ban comes into effect," said Timofei Belyayev, the financial director of the Kosmos casino.
 
"In the Korston complex, such tournaments are already being held. So far, we have six tables, and in the near future we'll increase the number to 22," Korston president Anatoly Kuznetsov said.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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