Gambling companies have welcomed the news that poker is now officially classified as a “sport” in Russia following an order signed March 26 by the Federal Sports Agency head, Vyacheslav Fetisov. On June 26, 2007, Seven-Card Stud Poker, Omaha and Texas Hold’em were officially included in the All-Russia Registry of Sports. “This game doesn’t have Continue reading →
Online Poker Restricted Under New Russian Gambling Bill
This week President Putin introduced a new bill to clamp down on the gambling industry in Russia. The new bill entitled “About the State Regulation of Activities on Gambling” in currently in the project stage and has yet to be passed by the Russian Duma (government). In regard to offline gambling, the new bill proposes Continue reading →
New Advertising Law Pressures Online Gambling in Russia
Offline gambling has exploded in Russia in the last three years, particularly in Moscow. It is an estimated $5 billion annual business and draws players to both high-class casinos and the one-rouble slots in small arcades. Russia, the world’s second-largest country by population with an all-cash culture that favours spending over saving may soon rival Continue reading →