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A Blatant Message for Storm

Plans for the Russian land casino gambling group Storm International BV to set up shop in Costa Rica may have just been permanently derailed by new legislation in Costa Rica that place much more stringent restrictions and regulations on the country’s land casino gambling industry. Costa Rica has long been known as a haven for both land and online casinos gambling operators because the country had very few regulations in place concerning the gambling industry. But all of that is in the beginning stages of change as the Costa Rican government makes move to seriously limit the extent of the land casino gambling industry in the country and further discourage new land gambling companies from entering the industry.

Some in the land and online casinos gambling industry speculate that perhaps the announcement just a few months ago by Storm International concerning plans to move operations out of Russia and into Costa Rica prompted the government to reassess the lack of legislation and regulations regarding land gambling in the country. Just last year Russia passed some very tight controls on the country’s internet gambling activities that caused many land casinos to look to new regions for new locations with more welcoming gambling regulations.

The Costa Rican Vice President, Laura Chinchilla, commented on the new legislation that will initially take effect this summer. There is no indication at this point if the government plans to similarly tighten regulations within the country’s online casinos gambling industry, but the latest changes will assuredly discourage new gambling companies from moving into Costa Rica… and according to Chinchilla that is precisely the message the government is hoping to send.