Russia Crackdown on CasinosPublished October 5, 2006 by OCR Editor
While the US is having problems of their own regarding online gambling, Russia has its own hands full, focusing efforts on cracking down on their land based casinos.
The crackdown stems from the backdrop of tensions between Russia and Georgia over alleged spying by Russian military officers stationed in the South Caucasus nation. Besides zoning in on the casinos, Russia shut down transport and mail links with Georgia and several senior Russian politicians have demanded economic sanctions and other measures against the country. It has been hinted that Russia might suspend banking operations and money transfers between the two countries as a way of stopping illegal capital flows, which it said are ultimately used for the militarization of the region.
The possible consequences of such a move have two main schools of thought. The first believes that the crackdown will force the sites to take their business underground by 2009, and the second thinks that Putin's proposal will put an end to the operations in Russia once and for all.