Russia Shuts Down All Casinos

Russia closed down all its casinos as gambling was banned nationwide, a move the industry says could throw a third of a million people out of work. The July 1 ban shut gaming halls, from gaudy casinos crowned by extravagant neon structures to dingy dwellings containing a handful of slot machines. “I feel terrible. We just let 1,000 people go,” said Yuri Boyev, general director at Metelitsa, an upmarket casino where billionaires rolled the dice and Russia’s gas giant Gazprom held a lavish Christmas party. Vladimir Putin , now prime minister, came up with the idea in 2006 when he was president after the Interior Ministry linked several gaming operations in Moscow to Georgian organized crime . The Kremlin plans to restrict gambling to Las Vegas-style gaming zones in four... [read full story]                    

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