Russian Federation News - Page 2

In April, a month after Russia forcibly annexed the Black Sea peninsula away from Ukraine, President Valdimir Putin said he wants to turn the territory into his own version of Las Vegas.

Putin proposes bill to establish fifth gambling zone in Crimea.

Russia could be contemplating a gambling zone in Crimea according to Bloomberg.

Post Olympics Putin does not want Sochi to become a gambling resort.

Melco to invest in planned casino in Primorye area of Russia.

Melco International Development and Summit Ascent are to invest in a Russian casino resort.

Lawrence Ho, the son of Hong Kong billionaire and Macau casino giant Stanley Ho, said his two companies would spend $630 million to buy a 51 percent stake in a business building two casino resorts in the Primorye Region near China’s border.

With Russia on gaming's radar screen, gangsters see new opportunity.

A Russian territory that announced plans in May to place a multibillion-dollar gaming complex near one of its port cities, has sweetened the deal to entice casino companies to bid on the development: zero gaming taxes.

A formal announcement by Russian officials is expected Wednesday at the Global Gaming Expo Asia in Macau and a website detailing the development plans is expected to go live Wednesday, as well.

Only one zone established with 2 casinos operating, with only 7 percent of investment costs recouped.

British gambling boss held in Russian prison dangerously ill, his lawyers say.

Russian President calls for legislation to be amended to tighten criminal responsibility in illegal gambling.

Moscow police raid a casino, hidden behind a hotel kitchen, located in a building opposite the Foreign Ministry.

Russia aims to ban online gambling, with plan to introduce fines for people caught gambling online.

This recent development follows the launch of eleven brand new casino games at Casino Plex.

International news brief: A new law has come into effect in Russia, confining gambling to four regions far from the capital Moscow.

International news brief: Gambling in Moscow will be restricted to lotteries, bookmakers and poker in specially licensed sports clubs.

International news brief: Russian officials insist they will strictly enforce a law that bans all casinos in the country, except in four gambling zones.