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WAAG: Russia: Land Venues

Implementation of Russian legislation that banned land casinos and banished the establishments to the far corners of Russia took effect in July 2009 and caused quite a bit of a stir as the gambling companies forced out of the market are quite fatalistic about their ability to stay afloat now that the approved gambling regions are so far from the cities and metropolitan areas. A key concern that is growing among the land gambling venues is the fear that illegal online casino gambling in the country will replace any need for Russians to travel the far distances required to visit the land venues.

Land gambling venues will take a hard hit to profit figures and that will also reflect in the amount of money that the Russian government is able to receive in tax revenue from the industry. Prior to the implementation of this new Russian land gambling legislation the lance casinos were able to flourish in the marketplace. In fact, land gambling was hugely profitable and a surprisingly huge percentage of Russians participated in land gambling of some form or another. And with extensive land gambling options the illegal online casino gambling industry did not really have a viable market.

Interestingly, although many of the major land casino gambling venues heeded the laws and shut their doors in July of this year, underground gambling establishments have refused to comply with the new legislation and still operate within elaborate underground networks. The local Russian police task forces are currently working on identifying and eliminating these illegal land gambling establishments…right now, the influx of illegal online gambling is a bit harder to identify and curb at the local government level.