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RUSSIAN GAMBLING BAN IMPACT ILLUSTRATED BY POLICE REPORT

Thursday,  November 3, 2011 : Thousands of jobs probably lost as companies were shut down by Putin decree
 
Russia's 2009 ban on gambling in all but four isolated regions continues to have a massive impact on the sector, as a police report illustrated this week.
 
The Rossiiskaya Gazeta newspaper quoted a senior national police official who revealed that almost 4 000 illegal casinos and over 25,000 gambling parlours have been closed down since the ban was imposed.
 
“As of today, 3,900 illegal casinos and more than 25,000 gambling joints, posing as lottery clubs, have been closed down,” Sergei Ivanov, a head of a department at Russia’s Prosecutor General’s Office said in an interview.
 
“More than 390,000 pieces of gambling equipment have been confiscated and the amount of fines has topped 91 million rubles [$3 million],” Ivanov added.
 
The official said 1,100 criminal cases have been launched against the suspected organisers of illegal gambling businesses.
 
Underground casinos have mushroomed across Russia since the law banning gambling everywhere except in four remote zones of the country came into force in July 2009.
 
In a crackdown in February this year (see previous InfoPowa report), illegal casino owner Ivan Nazarov, his assistants, and three high-ranking police officials who allegedly protected the illegal business were accused of fraud and remanded pending investigation. The case has sparked a high-profile conflict between the Investigative Committee and the Prosecutor General's Office.
 
In related news, the Kyrgyzstan parliament's ban on gambling voted in September this year is likely to be costly, according to the Minister for Finance, who this week estimated the loss to the fiscus at 500 million Kyrgyz som (around Euro 8 million)
 
The law is due to come into force on 1 January, 2012 in the Central Asian nation, depriving thousands of people of jobs. There have been mass demonstrations in the capital Bishkek to protest against the passage of the law. Protesters held placards saying "Deputies, Stop Destroying the Economy", "By Closing Casinos You Will Lose Millions in Taxes" and "Fight Gambling Barons, Not Casino Personnel".



Gambling News :

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

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3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

The Railbird Launched By Americas Card Room #acra - Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.

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