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Russian Casinos Close Tomorrow Under New Law

June 30th, 2009 · No Comments

The Russian law “About the State Regulation of Activities on Gambling” comes into effect tomorrow, forcing many casinos to shut their doors. .
Although Vladimir Putin could not have foreseen the economic crisis when the law was proposed in 2006, the implementation could not have come at a worse time for Russia. An estimated 400′000 [...]

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Tags: Legal · Russia

Poker Officially Classified As Sport in Russia

March 16th, 2009 · No Comments

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 any [...]

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Tags: Legal · Russia

How Will Google U-Turn Affect Gaming Advertising In Russia?

October 17th, 2008 · No Comments

Google’s recent change of policy in the UK to allow PPC advertising for online gaming has re-opened the issue in the Russian markets. This Friday Google started to allow online gaming advertisers to again participate openly in their PPC program, Adwords.
As NewMediaAge reports, the initial ban was enforced as part of a company-wide, global move [...]

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Tags: Google · Russia

New Advertising Law Pressures Online Gambling in Russia

March 16th, 2006 · No Comments

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 [...]

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Tags: General

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