Logo
  Wednesday, June 19, 2019
Sign-In  |  Sign-Up  |  Contact Us  |  Bookmark 

President Vladimir Putin introduced in the parliament Friday a draft law proposing a new set of regulations for the gaming industry
The president proposed the new law after the Interior Ministry launched an apparent sting operation to check the financial, tax and sanitary-epidemiological documents of a variety of gambling establishments in the capital allegedly linked to the Georgian mafia. The wave of closures of Georgian-owned casinos and restaurants in Moscow follows on the heels of a recent spying scandal between Russia and Georgia that saw the arrest of several Russian officers on espionage charges. If the parliament passes the law, which envisions the establishment of two types of gambling zones where gambling will be allowed, the new rules will come into effect January 1, 2009. The first type comprises gambling zones in residential areas. These can be established on territory allocated for urban and rural development. The federal government will issue permits to gambling establishments in these areas in coordination with local authorities. Permits will be issued for five years and will allow each organizer to set up one gambling facility per permit. The second type comprises gambling zones established on parcels of land belonging to federal or municipal authorities not allocated for urban or rural development. These parcels will be leased to the owners of gambling business by the Russian government. The draft document also outlines the requirements for owners of gambling establishments. The owners must be Russian legal entities that have not been created by the Russian government or local authorities, and whose net assets are not less than 600 million rubles (about $22.4 million). All gambling businesses that do not meet the requirements proposed in the draft will be shut down after July 1, 2007. Those gambling establishments that meet the requirements will be allowed to operate without special permits until January 1, 2009, when the new law comes into effect.
Print President Vladimir Putin introduced in the parliament Friday a draft law proposing a new set of regulations for the gaming industry Bookmark President Vladimir Putin introduced in the parliament Friday a draft law proposing a new set of regulations for the gaming industry

Related News   
SepOctober 2006Nov
MoTuWeThFrSaSu
2526272829301
2345678
9101112131415
16171819202122
23242526272829
303112345