AUTHOR: Jerry "Jet" Whittaker
TITLE: Russia Says Poker Tourneys are Sport- Are They Exempt from Gambling Bill?
DATE: 2:52 AM
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BODY:
A landmark decision to classify Poker tournaments as an official sports
competition instead of a Gambling game was made by the Russian Sports
Minister for the "Federal agency of physical culture and sport", Slava
Fetisov, on March 16, 2007. The decision is most significant because it may
permit poker tournaments to be exempt from falling under the Gambling bill
sponsored by President Putin and passed last November to tighten controls on
casino gambling and ultimately ban casino gambling except in four special
zones beginning 2009. It could also mean that casinos may no longer have to
pay $4,800 per poker table per month, on top of wages and complimentary food
and drinks provided, which makes it very expensive to offer poker games, as
a Russian Pokernetwork forum writer pointed out, which could lead to a poker
boom. Of more immediate concern to poker in Russia, the Gambling bill has a
July 2007 date to have shut down any gambling business with net assets below
600 million rubles and any casino smaller than 800 square meters, many of
which host poker games.
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