Industry news
This world is a hive of activity: one keeps blocking gambling resources, toughens punishment for the activity beyond specialized zones; residence permit can be obtained according to the results of lotteries; bookmakers are summing up the results of the year; and tour operators focus on the development of the Altai Territory business. Russia adopts criminal penalty for holding games beyond gambling zones Authorities of the Russian Federation have decided to toughen punishment for organizing and holding gambling games beyond prescribed...
Plans of the potential investor include building of a casino, hotel with thousand rooms, park and yacht club. December 12, Mr. Shi, the head of Guo Wei, the Chinese group of companies visited the contemplated construction territory and met with Evgeny Polyansky, the Deputy Governor of the Primorsky Territory and Andrey Folomeev, Primorsky Territory Development Corporation Director General. As a result of negotiations, it was decided to include Guo Wei Group in the list of potential investors. The next step...
The parliament of Moldova has approved the bill which makes National lottery of Moldova (NLM) a single owner and organizer of lotteries, betting shops, slot rooms as well as slot machines. Casino hasn’t been included into the list. Authors of the project say that it is aimed at eliminating problems related to tax evasion, absence of transparency and fiscal agents’ negligence. According to restrictions, specified in the bill, the Ministry of Finance will regulate and control gambling industry with the...
Alti company put the largest share of investments in Siberian Coin and now is going to build a swimming pool and hold entertainment sports programs in the gambling zone. In early 2016, Altai Palace casino, one-of-a-kind at the Siberian Coin gambling platform, was headed by the new owner: Vladimir Kutiev who currently has at least 70% of Alti. He decided to diversify provided services for entertainment complex clients. He is going to build a swimming pool and hold boxing competitions...
The State Duma of Russia has passed in its first reading the bill about new measures of criminal liability for creation of illegal gambling parlors and websites. The document brings about changes into the article 171 of the Criminal Code. According to amendments, gambling out of specially created zones will be punished by a fine in the amount of 300 000 to half a million rubles or by forced labor from 180 to 240 hours or by imprisonment from 2...
