Putin signs law

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MOSCOW, December 31 (Itar-Tass) -- President Vladimir Putin signed a law, which regulates the activities of casinos and envisages the creation of special gambling zones. The presidential press service said the president signed the law on the state regulation of the activities for gambling organisation and introducing amendments in some legislative acts of the Russian Federation. The State Duma approved the law on December 20, 2006, and the Federation Council approved it on December 27, 2006.

“The federal law is aimed at introducing a new regime of the state regulation of the activities for organizing and playing gambling. Special gambling zones are planned to be created, where the activities for organizing and playing gambling will be permitted,” the press service said. “Meanwhile, bookmaker’s offices and pari- mutuels will make an exception in the law and will be able to conduct their activities outside gambling zones,” the press service pointed out. “Gambling zones can be set up on the land not belonging to settlements. Meanwhile, plots of land, on which gambling zones will be opened, will pass into possession or be rented by people concerned,” the presidential press service remarked.

It is noteworthy that “the federal law describes a special procedure of putting into practice of the foresaid mechanism.”

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