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After months of uncertainty and campaigning against its closure, Russian authorities have announced an expeditious end to the country's first gambling zone amid planned expansion of another zone situated in the same part of the country.
The tenth Russian Gaming Week conference was held in Moscow earlier this month, but a promised focus on the country’s land-based industry failed to materialize. Organizers had scheduled discussions on the often confusing and ever-shifting situation in Russia’s gambling zones on the second day of the conference, but the program was replaced by a set of marketing presentations, with no explanation given. Despite the high-profile launch of Summit Ascent’s Tigre de Cristal in Primorye last year, experts say the reality is that the zones in Russia are struggling. Samoil Binder, Deputy Head of the Russian Association of Gambling Business, said the situation is “deplorable.”
Russian President Vladimir Putin has signed a bill extending the lifespan of the Azov-City gaming zone in Krasnodar Territory until 1 January 2019, state-owned...