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Union: Russian laws should be relaxed

11 March 2008

MOSCOW, Russia -- As reported by the St. Petersburg Times: "A Russian law forcing gambling out of Moscow and St. Petersburg from July next year will deter investment in the industry and should be relaxed, the country's Industrialists and Entrepreneurs Union said Friday.

"Plans to restrict gambling to four regions of Russia are prompting local operators to expand outside the country, the Moscow-based union said in a March 5 statement on its web site.

"The permitted areas — Russia's Pacific coast, the Baltic exclave of Kaliningrad, Siberia's Altai region and around the Azov Sea — aren't attracting international chains, the organization added..."

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