Russian Gambling Zones Reorganised

Azov-City taken off the list in favour of Sochi

According to the Russian media agency TASS, businesses in Azov-City, one of the demarcated Russian gambling zones, have received a letter from Alexey Sheyan, Krasnodar Krai Minister of Strategic Development, informing them that the zone has to be "liquidated" by April 1, 2015.

The Ministry confirmed the report, advising that Russian president Vladimir Putin has already signed legislation switching the gambling zone to Sochi in the Crimea, and authorising the abrogation of the investors' licenses for gambling activities in Azov-City.

The Ministry of Finance has also confirmed that it is preparing the necessary documents for the Azov-City liquidation.

Azov-City is the first functioning gambling zone built in Russia, with the second one in Russian Altai region and a number of others to be set up soon.

The Russian federal budget will compensate the Krasnodar region for the gambling zone expenses totaling at least 10 billion rubles ($145 million), according to the Russian Ministry of Finance.

Online Casino News Courtesy of Infopowa

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Casinomeister

The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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